LUGANO, Switzerland--(BUSINESS WIRE)--Wealth-X, the global intelligence, prospecting and wealth diligence company, today released the World Ultra Wealth Report 2011, offering a groundbreaking one-by-one analysis of individuals with a net worth of at least US$30 million.
Key findings include:
- Wealth-X estimates there are 185,795 UHNW individuals globally, with a total net worth of US$25 trillion.
- North America is home to 62,960 UHNW individuals, and constitutes the largest concentration of UHNW wealth in the world. This region accounts for nearly 33% of the total US$25 trillion held by the world's UHNW segment.
- Europe has the second largest population of UHNW individuals. The region's 54,325 UHNW individuals have a collective fortune of US$6.8 trillion.
- Wealth-X forecasts that the UHNW population in Asia-Pacific will surpass that of Europe in 2024 and overtake that of the U.S. in 2032.
- Asia-Pacific, with its 42,525 UHNW individuals, represents US$6.2 trillion.
- Wealth-X estimates there are 1,235 billionaires globally, with a combined net worth of US$4.18 trillion. 2.5% of the total UHNW population worldwide are worth US$500 million and above. They control 25% of the total fortunes of the super rich.
The World Ultra Wealth Report was launched by David Leppan, Wealth-X Chairman, and Mykolas Rambus, Wealth-X CEO, at a press conference in Geneva, Switzerland today. Messrs. Leppan and Rambus will also be meeting with professionals from the wealth industry in Zurich and Lugano today and tomorrow.
For a copy of the report visit:
www.wealthx.com/articles/2011/world-ultra-wealth-report-2011-uncovering-pockets-of-opportunities
ABOUT WEALTH-X
Wealth-X provides its members with qualified prospects and intelligence on ultra high net worth (UHNW) individuals, along with the privately held-companies they control. We work with 7 of the top 10 global private banks, leading educational institutions, not-for-profits and luxury brands. Our firm's online business development solution profiles individuals who represent US$10.7 trillion of the world's net wealth. Wealth-X offers exclusive details on ultra wealthy individuals, including their wealth, income, passions, philanthropic interests, affiliations, politics, advisors, families and biographies. Wealth-X is the global leader on UHNW individuals and the worldwide standard for professionals working with the ultra affluent. Headquartered in Singapore, Wealth-X has offices in New York, Guangzhou, Mumbai, Lugano, Sydney and London.