Economy December 16, 2021McKinsey Global Institute’s new research proposes a new way of looking at the world’s wealth: the balance sheet. On that view, a notable finding is that, after tripling in value from 2000 to 2020, residential real estate amounted to nearly half of global net worth in 2020; corporate and government buildings and land accounted for about another quarter. Infrastructure, industrial structures, machinery and equipment, intangibles, and mineral reserves—the assets that typically drive economic growth—made up only one-fifth of real assets. We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we will be happy to work with you. Please email us at: McKinsey_Website_Accessibility@mckinsey.com To read the article, see “The rise and rise of the global balance sheet: How productively are we using our wealth?,” November 15, 2021.