News Snapshot:
The global population is edging towards 8 billion but just 295,450 people are considered Ultra-High-Net-Worth (UHNW) individuals. Last year saw this cohort grow by 1.7% while their combined net worth grew 1.2% to US$35.5 trillion according to the newly published Wealth-X World Ultra Wealth Report 2021. The figures show a smaller increase in both population and wealth than a recent report from Capgemini although both reports show North America and Asia as the main beneficiaries of the global wealth surge. Wealth-X says that the US and China both increased their UNHW populations by 8% - to 101,240 in the US...
