![Number of high-net-worth individuals (millions), 2012-19. Source: Capgemini](https://cache.luxurydaily.com/wp-content/uploads/2020/07/capgemini-071020.png)
North America in 2019 overtook Asia Pacific in high-net-worth individual wealth growth for the first time in eight years. And then the COVID-19 coronavirus struck, traveling from the central Chinese city of Wuhan to the rest of the world, injecting uncertainty and instability.