- About half of all of the world’s ultra rich — those with a net worth over $US50 million — live in the US.
- China, Germany, and the United Kingdom follow the US.
- The number of ultra-high-net-worth individuals increased by 13% in 2017.
Forget millionaires. Make way for the ultra-rich.
Credit Suisse released its annual Global Wealth Report, which calculated that about 148,200 adults around the world could be classified as ultra-high-net-worth (UHNW) individuals in 2017. That means they have a net worth above $US50 million.
There were about 19,600 more UHNW individuals in 2017 than in 2016, a 13% increase. All regions saw an uptick.
Looking under the hood of the data, about 54,800 of these individuals are worth at least $US100 million, and about 5,700 are worth over $US500 million.
Credit Suisse also figured out where the UHNW adults live around the world. The United States has, by far, the greatest number of UNHW individuals, accounting for about 49% of the world’s total. It is followed by China, Germany, and the United Kingdom.
You can see the full list below:
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