The Wealth-X World Ultra Wealth Report 2015-2016
Wealth-X presents the World Ultra Wealth Report 2015-2016 revealing that there are 212,615 ultra high net worth (UHNW) individuals globally, holding a combined wealth of US$30 trillion in net assets.
The fourth edition of this leading report on the world’s ultra wealthy population shows almost flat growth in 2015 as the number of individuals with US$30 million or more in net assets grew just 0.6% and total UHNW wealth increased by 0.8%. Despite this meager growth, UHNW individuals, who account for just 0.004% of the world’s adult population, still control 12% of its wealth.
In Europe, the Middle East and Africa UHNW wealth fell 2.4% as equity markets, local currencies and gross domestic product collectively experienced negative net returns. By contrast, Asia-Pacific experienced a 3.9% rise as the ultra wealthy in certain markets continued to benefit from dynamic business expansion and economic growth. In the Americas, it was Latin America, rather than North America, that helped the region achieve a modest 1.5% growth in ultra wealth value.
Across all geographic regions, it is the highest ranks of the UHNW population who are experiencing the most success. The report highlights that in 2015 billionaires saw their wealth grow 5.4%, more than double the rate of global economic growth, while collectively other tiers saw their wealth shrink by 0.6%.
Driven by Wealth-X’s unparalleled collection of hand curated dossiers on the global UHNW population, the World Ultra Wealth Report contains detailed analysis of the wealthiest individuals in the world with a focus on geography, lifestyle, social networks, philanthropic behaviors, motivations and legacy.
Additional key findings from the report include:
- UHNW wealth is expected to grow at a compound annual growth rate of 9%.
- The UHNW population is expected to exceed 318,000 by 2020.
- While the female UHNW population remained steady at 13%, their share of total UHNW wealth fell from 14% to 11% this year. Average female high net worth wealth dropped from US$147 million to US$126.3 million.
- Male wealth increased 2.4% from US$139.8 million to US$143.1 million, reflecting a greater focus on self-made wealth and a higher-risk asset composition.
- Though its lead among other UHNW industries continues to shrink as manufacturing grows in importance.
In two out of three cases, wealth is purely self-made rather than inherited. As wealth matures in younger economies, the transfer of wealth has seen a growing class of second-generation ultra wealthy emerge.
- The under-30 demographic accounts for just 1% of the world’s ultra wealthy population and 0.3% of global UHNW wealth.
UHNW individuals aged 80 or over are seven times wealthier than those under 30 and are worth nearly double that of the average UHNW individual globally.
Select highlights from the World Ultra Wealth Report 2015-2016 are available to download below. The full report, featuring an additional 60 pages of statistics, analysis, and regional focus is available exclusively to clients of Wealth-X within the Exclusive Content area (login required) or via the email firstname.lastname@example.org
World Ultra Wealth Report 2015-2016: Table of Contents
- Executive Summary 1
- The Global Ultra Wealthy Population 3
- The Global View 5
- Wealth Tiers 7
- Forecasting Global Ultra Wealthy Growth 11
- Profiling The UHNW Individual 13
- UHNW By Gender 15
- The Ultra Wealthy By Age 18
- Sources Of Wealth 20
- Asset Holdings 21
- Education 23
- Hobbies 24
- Philanthropy 25
- Top Ultra Wealthy Cities 27
- The Americas 31
- Top Countries In The Americas 34
- United States 35
- Brazil 37
- Mexico 39
- EMEA 41
- Top Countries In EMEA 43
- United Kingdom 45
- Germany 47
- Russia 49
- United Arab Emirates 51
- South Africa 53
- Asia-Pacific 55
- Top Countries In Asia-Pacific 58
- China 59
- India 61
- Singapore 63
- Australia 65
- Methodology 68
- About Wealth-X 70