Additional information on ultra high net worth individuals
The residency of over half of the world’s ultra high net worth individuals in the United States accounts for the dominance of North America in regards to the number of ultra high net worth individuals by region. The wealth allocation of these individuals is primarily directed towards personal businesses, investments such as bonds and equities, as well as the primary residences and secondary homes of those individuals. Despite around one fifth of North American ultra high net worth individual wealth being held in the residence or second home of those individuals, North America has the lowest such share globally. Regional analysis of homes owned not purely as an investment shows that Australasia has the higher share of ultra net worth individual wealth held in residential property.
The dominance of men in ultra high net worth individual populations is a global trend. The female share of ultra high net worth in the United States in 2014 stood at 13 percent, comparable to the 14 percent of the United Kingdom or 12 percent of Germany seen in Europe. Unsurprisingly, the reasonably low share of female individuals in Europe is seen alongside similar percentages of female owned ultra high net worth individual wealth.