Booming markets are creating millionaires at near record rates with appetite for risk rising fast, according to the 2014 World Wealth Report, co-published by Capgemini and RBC Wealth Management.

Global high net worth individuals, with investable assets of between $1 million and $5 million, grew in number by 15% last year. The only time in the last 14 years that HNWIs rose at a faster rate was in 2009, when numbers grew by 17% as they made good after the stock market rebound.