The United States is home to more ultra-high-net-worth individuals than any other country in the world, according to a report released by Credit Suisse. Ultra-high-net-worth individuals (UHNWI) are defined as those worth $30 million or more.
The population of super-rich Americans stood at 70,540 in 2018, equivalent to 47 percent of the world total. China occupies the 2nd place with 16,510 ultra-high-net-worth individuals, followed by Germany (6,320), the United Kingdom (4,670) and Japan (3,580).
The remaining countries in the top ten list are India (3,400), Italy (3,220), France (3,040), Canada (3,010) and Australia (2,910).
The report suggests that 149,890 individuals worldwide can be classed as ultra-high-net-worth individuals (UHNWI), with the net worth above $50 million. Of these, 50,230 are worth at least $100 million, and 4,390 have net assets above $500 million.
North America leads by a considerable margin with 73,560 UHNW residents (49 percent), while Europe has 32,860 (22 percent), and 19,780 (13 percent) live in Asia-Pacific countries, excluding China and India.
World’s Top 10 Countries With The Most Ultra-High Net Worth Individuals, 2018
- United States: 70,540
- China: 16,510
- Germany: 6,320,
- United Kingdom: 4,670
- Japan: 3,580
- India: 3,400
- Italy: 3,220
- France: 3,040
- Canada: 3,010
- Australia: 2,910
Here are the top 10 countries in the world for the super rich, as measured by the number of residents worth $50 million or more.