It shows that the population of ultra-high-net-worth individuals (UHNWIs) – those with at least US$30 million in net assets – grew by more than 9% in 2021.
Growth was greatest in North America at 12%, taking the region’s total to 233,590 individuals.
Other regions saw strong growth except Africa, which declined slightly, but the only other region to post double-digit gains (11.2%) was Russia and the Commonwealth of Independent States, ironically now banning many of its emirates. are being installed. persons.
increase in wealth
Knight Frank expects the global population of the UHNWI to more than double in 10 years to 2026, by which time Asia will overtake Europe to become the second largest regional wealth center.
For 2021, more than half of respondents said their clients’ wealth increased by at least 10% with real estate, luxury collectibles (particularly fine wine and collectible watches), and equity among assets that UHNWI Provides benefits to the portfolio.