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Global Wealth Report

Britain lost $1.5 trillion in household wealth since Brexit vote: study

ZURICH:¬†Britain lost $1.5 trillion (1.4 trillion euros) in household wealth in 2016, a blow caused by the pound's free-fall after the Brexit vote, Switzerland's second largest bank Credit Suisse said Tuesday.¬† A full 406,000 Britons lost their status as dollar millionaires this year, Credit Suisse added in its latest annual Global Wealth Report. "The United Kingdom had a tumultuous year," the report said, describing the household wealth losses as "a direct consequence of the Brexit vote." "Wealth per adult has…