Five-Year Trend Shows High Net Worth Population and Wealth Growth in Asia-Pacific Far Outpacing Other Regions. Asia-Pacific is poised to become largest wealth market as early as 2014, finds the Asia-Pacific Wealth Report 2013 (APWR), published byCapgemini and RBC Wealth Management. The population and wealth of Asia-Pacific’s high net worth individuals (HNWIs) increased at … Read more
The 2012 Hurun Rich List, the annual ranking of the 1000 richest individuals in China, reveals that China’s rich are getting poorer and the no. of billionaires is down after six years of growth. In a year when the Shanghai Stock Exchange fell 23%, 469 of the Hurun Top 1000 saw their wealth shrink, … Read more
World UHNW Population Loses US$480 Billion: Wealth-X Released World Ultra Wealth Report 2012-2013 The world’s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach US$25.8 trillion, according to the latest edition of “World Ultra Wealth Report” released by Wealth-X, the ultra high net worth (UHNW) business … Read more
To gauge which cities are considered the most important to the world’s high-net-worth individuals (HNWIs), Frank Knight’s “Wealth Report 2012” surveyed Citi Private Bank’s wealth advisors around the world and Knight Frank’s global network of luxury property specialists. The survey asked which are the most important cities to their clients now, which will be the … Read more