Global ultra-wealthy population grows in 2016, despite political and economic uncertainty
13 March 2017
According to data provided by New World Wealth for the Wealth report, the number of Ultra-High-Net-Worth Individuals (UHNWIs), i.e. those individuals with $30m or more in net assets rose by 6,340 in 2016, taking the total to over 193,000. This growth reverses the decline of 3% seen in 2015.
The increase has occurred despite ongoing political and economic uncertainty around the world having more of an impact on future trends.