This 7.3% growth surpassed the 5.9% average annual increase since 2000, primarily driven by rising asset prices rather than real economic growth. Approximately 20% of the wealth increase stemmed from real capital formation, while 58% to 60% resulted from asset price inflation. Notably, the report did not address cryptocurrencies, indicating a potential oversight in the analysis of digital assets, which may be indirectly included through equity valuations of companies with Bitcoin exposure.