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Wealth
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The Rich in Austria: Dollar Millionaires Up 5.3 Percent to Record 163,300
The number of so-called high net worth individuals (HNWIs) in Austria grew by 5.3 percent from 2019 to 2020 to 163,300 dollar millionaires. This is 8,200 more HNWIs than in the same period last year.
July 17, 2021
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Financial Assets of Austrians Back at Record Level After Slump
Austrians have never been richer than today. Private financial assets have recovered and improved after a significant decline in the first quarter of 2020 due to Covid-19.
August 25, 2020
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How to Marry an Austrian Millionaire?
According to Credit Suisse's Global Wealth Report published today, 4.4 percent or 313,000 of Austrians are dollar millionaires, and each adult Austrian has an average of 247,000 euros ($274,919) in assets.
October 21, 2019
UniCredit Private Banking Receives Euromoney Awards
UniCredit Private Banking has been recognized for its services, winning 14 awards in different regional and local categories in Euromoney magazine´s Private Banking Survey 2015.
February 10, 2015
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Austrian Households Hold Financial Assets Worth € 500bn
Last year, financial assets grew by 1.4% in nominal terms. New debts grew by 0.5% only.
April 24, 2014
Austria: Distribution of Wealth Extremely Unequal
The top one percent of Austrian households possesses more than 50 percent of all investment income.
January 13, 2014
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Global Wealth Report: Austrians Richer than Before 2008
This year, the financial assets of private households exceeded the level of 2007 for the first time.
September 24, 2013
Vienna: Distribution of Wealth Highly Unequal
In Austria´s capital, 30% of the households own 92% of the net assets.
January 3, 2013
Austria: Prosperity Gap Grows Further
The economic disparities between Austrians continue to increase. 855,000 Austrians are affected of poverty.
November 19, 2012
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Austria: Properties Worth € 10bn Inherited Every Year
According to Raiffeisen Bausparkasse, Austria faces a boom in real estate inheritances.
November 7, 2012
Austria Shows Growing Inequality in Wealth Distribution
According to a study of OeNB (Austrian National Bank), the 3,77 million Austrian households have assets of € 265,033 on average. Median assets reach € 76,445.
October 2, 2012
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Austrian Financial Assets Decreasing
Austria is still among the wealthiest nations worldwide. According to a study of the German insurer Allianz, Austria ranks 15.
September 18, 2012
Significant Decrease in Security Holdings
In 2011, the volume of securities held by Austrian household declined substantially, which is due to the fall in share prices.
January 20, 2012
Gold Remains Popular for Austrians
27% of Austrians expect higher profits from gold than from shares, bonds or investment funds.
October 22, 2011
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Economic Crisis: Austrians Pessimistic
The majority of Austrians thinks that the economic crisis will persist and will become even worse.
October 1, 2011
Austrian Households with Second Lowest Debt Ratio in Western Europe
A lower ratio was only recorded for Belgium. In the year 2010, Austrians’ gross financial assets averaged € 59,346.
September 14, 2011
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Wealth Growth of Private Households Comes to a Halt
Austrian households’ financial assets increased only marginally to € 462bn in the first quarter. Investments in bank bonds were the driving factor with a total of € 1.1bn.
July 14, 2011
Austria Has 37,000 Dollar-Millionaires
Global wealth has grown by 8% in the last year. Austria is found among the countries with the highest concentration of millionaires.
June 1, 2011
Prosperity to Rise, But Savings Propensity on a Decline
Monetary wealth of Austrians expected to rise 14.4% or from € 7,900 to 62,800 by 2015; savings ratio to decrease from 9.1% to 8.1%. In 2010, Austrians saved € 1,819 on average.
May 6, 2011
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Wiener Privatbank SE Announces Q1-Q3 2010 Results
Wiener Privatbank records slightly decreasing results
November 24, 2010
Sharp decline in Creation of New Foundations
In particular, legal uncertainty and abolished tax advantages cause the creation of fewer foundations in Austria.
November 10, 2010
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Inheritances: A Trillion in the Next 30 Years
The next generation will inherit assets of 80,000 euro per capita.
November 5, 2010
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