Never before in history has wealth been so democratized. That is to say, never before has humanity had access to so many tools for all pockets to be able to grow our savings and, little by little, create wealth.

According to the Tax Agency, in 2021 there were 231,367 Wealth Tax filers. In other words, 0.4% of the Spanish population is subject to this tax, which is levied on assets of 700,000 euros or more.

The wealth of the declarants registered by the Tax Agency was broken down into different forecast or investment options in 2021. Thus, according to the Inland Revenue, 74.99% of the wealthy invest in movable capital, that is, in shares and investment funds. Of all the existing investment options, these are possibly the most volatile instruments (with the permission of cryptocurrencies), but also the most liquid and profitable. The Community of Madrid is the region with the most assets invested in these instruments with 186,047 million, followed by Catalonia (171,455), the Valencian Community (59,347) and Galicia (50,184).

18.96% of Spanish assets invest in real estate. Catalonia, with 55,491 million, is the community in which the wealthy invest the most in real estate, followed by Madrid (25,007), the Valencian Community (15,479), Andalusia (11,659) and the Balearic Islands (7,681).

1.97% of assets over €700,000 are invested in savings and annuity insurance. An interesting tool for its taxation and its protection of the saver or investor. Catalonia, with 6,851 million, leads the regions that put their money to work in this type of tool. It is followed by the Community of Madrid (3,190) and the Valencian Community (1,494).

Finally, we find 1.17% of patrimonies that invest in the so-called sumptuary goods, cultural works or luxury. The Community of Madrid, with 828 million, followed by Catalonia (387) and Galicia (189) is where we find a greater predisposition for this type of investment.

All great wealth has started by taking small steps. Taking care of every euro of income and getting the best profitability out of it. A good planning, setting short, medium and long term objectives from the beginning, is the best way to follow, regardless of the income, creating and growing a patrimony.