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23 Sep 2022

Friday Tidbit

The middle class is growing and the Ultra-High Net Worth (UHNW) are growing.

You will now need over US$50m (AU$75m) in assets to meet the definition of UHNW.

The number of UHNW individuals globally is currently 264,200 and expected to rise to 385,000 by 2026 which statistically is an insignificant number given that our planet hosts 5.3 billion adults.

Click to read.

 

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.

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