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According to a report by Henley & Partners, BRICS nations have reached a combined investable wealth value of $45 trillion. Following the bloc’s expansion at the In what is certainly a key byproduct of the alliance’s expansion, BRICS now holds $45 trillion in combined wealth after Saudi Arabia joined. Indeed, the economic alliance introduced five new The BRICS group of emerging economies, which previously comprised Brazil, Russia, India, China, and South Africa, underwent a major expansion after Saudi BRICS expands, adding Saudi Arabia and others, growing its wealth to $45 trillion, surpassing G7. New members include UAE, Egypt, Iran, and Ethiopia, enhancing the The BRICS alliance wields substantial economic and demographic influence, boasting an estimated total investable wealth of $45 trillion. Dominic Volek, Group Saudi Arabia has held off formally joining the BRICS bloc of nations despite attending a meeting in Brazil last week, two sources said, finessing an issue that could upset

BRICS Holds $45 Trillion in Wealth After Saudi Arabia Joins, Surpassing G7 Influence

The BRICS group of emerging economies, which previously comprised Brazil, Russia, India, China, and South Africa, underwent a major expansion after Saudi Arabia joined. In what is certainly a key byproduct of the alliance’s expansion, BRICS now holds $45 trillion in combined wealth after Saudi Arabia joined.

The BRICS alliance wields substantial economic and demographic influence, boasting an estimated total investable wealth of $45 trillion. According to a report by Henley & Partners, BRICS nations have reached a combined investable wealth value of $45 trillion.

BRICS expands, adding Saudi Arabia and others, growing its wealth to $45 trillion, surpassing G7. New members include UAE, Egypt, Iran, and Ethiopia, enhancing the group's global reach and economic power. Indeed, the economic alliance introduced five new nations to its ranks, further solidifying its position on the world stage. This expansion significantly boosts the bloc's economic standing.

While earlier reports suggested potential hesitation, Saudi Arabia's official inclusion adds substantial value and influence to the BRICS alliance. Dominic Volek, Group Head of Private Clients at Henley & Partners, highlights the significance of this wealth concentration within the BRICS nations.

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