
The data was taken from the Knight Frank Wealth Report, which calculated the number of ultra high net worth individuals (UHNWIs) worldwide.
It was revealed that the population of ultra-wealthy fell by three per cent last year to 187,500 from 193,100 in 2014. That said, the figure is still up considerably from a decade ago when the 2005 global amount of UHNWIs sat at 116,800. The decline in 2015 has been put down to economic growth slowing and fluctuating financial circumstances that have been affected by developments such as the drop in oil prices. ?Despite longer term growth, data from 2015 shows the first annual dip in the global ultra-wealthy population since the financial crisis,? said Gr?inne Gilmore, head of UK residential research, Knight Frank. ?Last year, only 34 out of the 91 countries for which individual data is compiled saw a rise in the number of UHNWIs.? The top eight territories in 2015 for ultra high net worth individuals were: (1) North America ? 69,283(2) Europe ? 46,191
(3) Asia ? 41,072
(4) Latin America & Caribbean ? 9,492
(5) Middle East ? 8,910
(6) Russia and CIS ? 6,105
(7) Australasia ? 3,795
(8) Africa ? 2,620 While the number fell in 2015, the report also noted that the global population of ultra-wealthy individuals is set to experience a resurgence to spike 41 per cent by 2025, reaching 263,500 ultra-wealthy individuals.
Read more about living the Business Class lifestyle:
- Celebrity chefs recruited by luxury leisure firm Belmond for exclusive ?500 dinners
- Supercars: The adrenaline-fuelled investment method with rapid returns
- British entrepreneur selling $26m New York townhouse to return to UK
Share this story