London and Paris are Europe’s UHNW Cities. Nearly Half of Top 10 UHNW Cities Are in America. New York, Los Angeles and San Francisco are among the top 5 in Wealth-X‘s list of the world’s cities with the highest concentration of ultra high net worth (UHNW) individuals, defined as those with total net assets … Read more
World’s ultra wealthy population reaches all-time record. During the past year, the world’s UHNW population reached an all-time high of 199,235 individuals and a combined wealth of US$27.8 trillion, according to latest Wealth-X and UBS World Ultra Wealth Report dedicated to the most commercially significant segment today – the ultra wealthy. The total wealth … Read more
Mexican Billionaires Beat Brazilians In Wealth: Wealth-X Unveils Top 10 Wealthiest Latin Americans List With a net worth of US$78.9 billion, Carlos Slim remains at the top of the list of the Wealthiest Latin Americans. Coming in second is Jorge Lemann, co-founder of 3G Capital, with a net worth of US$19.2 billion. Alberto Bailleres … Read more
Chinese luxury spend Set to accelerate Asian ultra high net worth (UHNW) individuals wealth is expected to grow by 7.9% annually for the next five years with China contributing to the bulk of this growth, according to the Wealth-X World Ultra Wealth Report 2012- 2013, a provider of detailed intelligence on ultra high net worth … Read more