info@ceoworld.biz
Friday, March 29, 2024
CEOWORLD magazine - Latest - CEO Advisory - 10,000 Chinese And 7,000 Indian Millionaires Moved Out In 2017

CEO Advisory

10,000 Chinese And 7,000 Indian Millionaires Moved Out In 2017

China witnessed the most significant outflow of millionaires globally, with as many as 10,000 super-rich Chinese changed their domicile in 2017, according to the report by New World Wealth.

The second was India with 7,000 ultra-rich Indians shifted overseas in 2017. In 2016, the figure stood at 6,000, while in 2015 as many as 4,000 millionaires moved the base.

India is home to 20,730 multi-millionaires and 119 billionaires (3rd largest in the world).

Chinese high-net-worth-individuals moved to the United States, Canada, and Australia, while Indian super-rich moved to the United States, the United Arab Emirates, Canada, Australia, and New Zealand.

Other countries that witnessed large high-net-worth-individuals (HNIs) outflows include Turkey (6,000), United Kingdom (4,000), France (4,000) and Russian Federation (3,000).

1. China: 10,000 super-rich Chinese changed their domicile in 2017

2. India: 7,000 ultra-rich Indians shifted overseas in 2017

3. Turkey: 6,000 super-rich citizens leaving the country in 2017

4. The United Kingdom (4,000 ultra-rich British moved abroad in 2017)

5. France (4,000 super-rich French citizens shifted overseas in 2017)

6. Russia (3,000 ultra-rich Russian shifted overseas in 2017).

Here are the top 9 most popular destinations for the wealthy:

On the other hand, Australia topped the world with a net inflow of 10,000 high-net-worth-individuals. The second was the United States with 9000.

1. Australia
Net inflow of high-net-worth-individuals: 10,000

2. The United States
Net inflow of high-net-worth-individuals: 9,000

3. Canada
Net inflow of high-net-worth-individuals: 5,000

4. Unites Arab Emirates
Net inflow of high-net-worth-individuals: 5,000

5. The Caribbean
Net inflow of high-net-worth-individuals: 3,000

6. Israel
Net inflow of high-net-worth-individuals: 2,000

7. Switzerland
Net inflow of high-net-worth-individuals: 2,000

8. New Zealand
Net inflow of high-net-worth-individuals: 1,000

9. Singapore
Net inflow of high-net-worth-individuals: 1,000

Here are the world’s top 10 countries by wealth growth (in terms of U.S. dollars):

  1. Vietnam: 210%
  2. China: 198%
  3. Mauritius: 195%
  4. Ethiopia: 190%
  5. India: 160%
  6. Sri Lanka: 133%
  7. Panama: 125%
  8. Uruguay: 117%
  9. Malta: 95%
  10. Indonesia: 92%

The countries saw the greatest wealth decrease over the last ten years (2007-2017):

  1. Venezuela: 48%
  2. Greece: 37%
  3. Italy: 19%
  4. Spain: 19%
  5. Norway: 17%
  6. Portugal: 13%
  7. Netherlands: 12%
  8. France: 11%
  9. Finland: 11%
  10. Egypt: 11%

Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.


Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
CEOWORLD magazine - Latest - CEO Advisory - 10,000 Chinese And 7,000 Indian Millionaires Moved Out In 2017
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.