Ultra High Net Worth (UHNW) individuals are defined as having a net worth of at least $30 million in investment assets less liabilities (less investments in residential real estate and passions such as art, aircraft, yachts, and real estate). Billionaires are a special category of vulnerable people whose net worth exceeds $1 billion.
The faces of UHNW are not only critical to the financial, banking, and investment sectors; but also to luxury companies that target UHNW individuals, charities, universities and schools, among others. People from UHNW are notable players in the philanthropic field; many of them have their own private foundations and support causes ranging from education to helping the poor.
Financial institutions are known for targeting UHNW individuals by having certain portions of their bank dedicated to managing the wealth of their UHNW clients. In addition, UHNW research is particularly important given the impending intergenerational transfer of wealth among the UHNW population. Luxury companies typically target UHNW as a distinct segment of their clientele.
Here are the 20 countries with the highest levels of net worth.
Rank |
The country
|
Number of persons not related to health |
one.
|
USA |
180.060
|
2. |
China
|
70.426 |
3.
|
Germany |
28.396
|
4. |
United Kingdom
|
16.370 |
5.
|
France |
15.503
|
6. |
Japan
|
14.755 |
7.
|
Italy |
10.441
|
eight. |
Canada
|
10.025 |
9.
|
Russia |
8.015
|
10 |
Switzerland
|
7.553 |
eleven
|
South Korea |
7.354
|
12 |
Saudi Arabia
|
7.020 |
thirteen
|
India |
6,884
|
14 |
Spain
|
5.938 |
15
|
Sweden |
5.243
|
sixteen |
Brazil
|
5.140 |
17
|
Hong Kong |
5.042
|
eighteen |
Singapore
|
3.732 |
nineteen
|
Mexico |
3.287
|
twenty |
Australia
|
3.124 |