The global UHNWI population is forecast to grow by 22% over the next five years
"Despite a darkening economic outlook, wealth creation will remain a constant in 2019," predicts Knight Frank in its new Wealth Report. "The global UHNWI population is forecast to rise by 22% over the next five years, meaning an extra 43,000 people will be worth more than US$30m by 2023, this is a remarkable performance in the expansion of wealth across the world."
The world’s millionaire population is set to grow by more than third in the next five years
Credit Suisse expects the global millionaire population to reach almost 63 million in 2024, while the number of UHNWIs will jump from 56,000 today to 234,000 in five years' time
The global billionaire population grew by 8.5% in 2019, reaching an all-time high
Over 10% of the world's billionaires have donated something towards the fight against Covid-19 so far, according to some research by Wealth-X.
Global UHNW wealth falls for the first time in three years
There's been "muted" growth in the number of Ultra-High Net Worth Individuals over the last year, reports Wealth-X - but London has seen a bigger rise than any other top ten UHNW city