More Ultra Wealthy Individuals Than Ever The number of ultra high net worth (UHNW) people in the world has grown by nearly 6% from 2012. There are now 199,235 individuals that are considered ultra-wealthy, with their fortunes totalling a combined $28 trillion. 23% of this population is made up of 2,000 billionaires whose combined worth totals $6.5 trillion. Ultra-wealthy is defined as someone who has over $30 million in assets.

Almost 10,000 of the new ultra-wealthy population came from North America and Europe. China and Brazil however saw their numbers decrease due to slower economic times. 88% of the ultra-wealthy population is made up of men. There are 23,505 women globally among the UHNW.

Related article: http://www.digitaljournal.com/pr/1457472

 

By CWAN Global Press

The Canadian Wealth Advisors Network (CWAN) was established in March of 2009 as an online forum where investment professionals share ideas and best practices that allow them to meet the growing needs of their clients. As the CWAN community grew and evolved, it was expanded to serve both advisors and investors. Garnet O. Powell, MBA, CFA is the Editor-in-Chief of the Canadian Wealth Advisors Network (CWAN) magazine. He is an investment management professional with more than 20 years of experience. linkedin.com/in/garnetpowell

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