…the combined net worth of the UHNW population saw a decrease… (but) forecasts robust growth for the UHNW population, with a projected population increase to 353,550 individuals possessing a total combined wealth of $43 trillion by 2023
Origen: Ultra-Wealthy Population Analysis: World Ultra Wealth Report 2019
UHNW wealth slumps for the first time in three years
The combined net worth of the UHNW population saw a decrease for the first time in three years, falling by 1.7% in 2018 to $32.3 trillion…
Despite these findings, the world ultra wealth report 2019 forecasts robust growth for the UHNW population, with a projected population increase to 353,550 individuals possessing a total combined wealth of $43 trillion by 2023.
Further report findings include:
- All seven regions of the globe saw a drop in ultra wealth
- Population growth varied significantly across regions
- Women make up a larger portion of the global ultra-wealthy population than ever before
- The US continues to lead in UHNW population
- New York regained its status as the world’s leading UHNW city from Hong Kong
- Hong Kong has by far the highest density of ultra-wealthy individuals
