Global UHNWI population to grow by 27% over the next five years: Knight Frank

According to Knight Frank's forthcoming edition of The Wealth Report, the number of ultra-high-net-worth individuals (UHNWIs), those with $30m or more, around the world is predicted to grow by 27% in the next five years to 2025 taking the population to 663,483. Over the same period, the number of millionaires globally is set to rise by 41%. Knight Frank said today it predicts that Asia is likely to see the largest rise in the number of UHNWIs with growth of 39%, led by Indonesia (67%) and India (63%). Europe will retain its crown as the second largest wealth hub with expected growth o...