Liam Bailey: Eight key themes from The Wealth Report 2025
The Editor of Knight Frank's flagship research publication, Liam Bailey, summarises some of the big trends & ideas featured in this year's Wealth Report - from American domination and shifts in global buying power, to rising demand for real estate and a pause on luxury investment.

Liam is Global Head of Knight Frank's Research Department. He leads and co-ordinates projects in the UK and internationally for clients including; developers, investors and funders. Liam has worked on projects offering support for property strategies in local, regional, national and international contexts. Over the past decade Liam has led the development of Knight Frank’s wealth research stream – culminating in the annual Wealth Report publication.
‘No realistic challenge’ to American wealth dominance as global HNW headcount rises 4.4%
The rich continue to get richer - but the UK is now home to just 2.4% of the world's high net worth individuals, according to Knight Frank's flagship annual research publication, The Wealth Report.
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