6 Sep 2018
Ultra-High Net Worth
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
There are an estimated 255,810 persons worldwide who can be classed as Ultra-High Net Worth (UHNW) with net assets of US$30 million and above and 129,730 of these individuals have net assets of US$50 million and above.
In the net assets of US$50 million and above category, the United States has the most number of UHNW persons at 38,500 while Australia sits well outside the top 10 with 1,260 UHNW adults.
Surprisingly, Canada ranks 5th highest.
| Rank |
Country |
Ultra-Wealthy Pop (>US$50m)
|
| #1 |
United States |
38,500
|
| #2 |
Japan |
9,960
|
| #3 |
Mainland China |
8,800
|
| #4 |
Germany |
8,070
|
| #5 |
Canada |
5,500
|
| #6 |
France |
5,240
|
| #7 |
Hong Kong, China |
5,140
|
| #8 |
United Kingdom |
4,580
|
| #9 |
Switzerland |
3,710
|
| #10 |
Italy |
3,150
|
An interesting part of the wealth report can be found in the last few pages which surveys the professional advisers on what they believe their UHNW clients attitude is towards investment, wealth creation, next generation, mobility, property, luxury investment and philanthropy.
Click to download the Knight Frank Wealth Report 2018.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.
