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Cities

with

the

most

ULTRA

-

RESIDENTS

RICH

As of 2018, there is a grand total of 198,342 ultra high net worth individuals (UHNWIs) globally with assets over US$30 million, according to the most recent edition of Knight Frank’s Wealth Report. 

uhnwi-city-map.jpg

Where

are

the

billionaire

in

the

future?

Expected number of UHNWIs in 2023 for the Top 10 Cities

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Singapore will be rank #2 by 2023, with an expected total of 4,393 high net worth residents. Shanghai and Beijing could be cities to watch for decades to come, as they add millionaires and billionaires at a faster rate than any of the other heavyweights.

Who

will

be

the

fastest

growing

cities?

Here are the 10 cities that are expected to add UHNWIs the fastest between 2018-2023:

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Not surprisingly, the fastest growth in UHNWIs over the next 5 years will come from Asian countries. 

Credit: Jeff Desjardins @ Visual Capitalist