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Wealth of the Richest Austrians Grows Despite Global Trends
In its latest issue, the business magazine "trend" publishes its annual ranking of the "100 richest Austrians". In contrast to some global studies, which show a slight decline in the ownership of the super-rich, Austria shows a different development. The assets of the 100 wealthiest individuals and families increased by five percent to a total of around 210 billion euros.
The Porsche and Piech families remain unchallenged in first place. / Picture: © Wikipedia / Michael Barera
This is due to the lower share of financial assets and the increase in corporate assets, which are the biggest factor in assets. In particular, investments in listed companies have benefited from the recovery of the capital markets since mid-May 2023, the cut-off date for the ranking.
The ranking is still headed by the Porsche and Piech families, although their assets have…
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