Ultra high net worth individuals 2020, by country
In 2020, 110,850 individuals with net assets of at least 50 million U.S. dollars were residing in the United States, the highest number of any country.
Place of residence of ultra high net worth individuals
The residency of almost 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. New York was the city with the most UHNWIs in 2019, followed by Hong Kong, Tokyo and Los Angeles.
Investments of ultra high net worth individuals
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 UHNWI's wealth being held in the residence or second home, other regions outpace North America in these terms. A regional analysis of homes owned not purely as an investment shows that Australasia has the highest share of ultra net worth individual wealth held in residential property, with 29 percent.
Source of wealth
The leading industry sectors, in which global UHWIs build their wealth are banking and finance, business and consumer services and real estate. As of 2019, almost 28 percent of self-made ultra high net worth individuals were operating in the banking and finance businesses.
Place of residence of ultra high net worth individuals
The residency of almost 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. New York was the city with the most UHNWIs in 2019, followed by Hong Kong, Tokyo and Los Angeles.
Investments of ultra high net worth individuals
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 UHNWI's wealth being held in the residence or second home, other regions outpace North America in these terms. A regional analysis of homes owned not purely as an investment shows that Australasia has the highest share of ultra net worth individual wealth held in residential property, with 29 percent.
Source of wealth
The leading industry sectors, in which global UHWIs build their wealth are banking and finance, business and consumer services and real estate. As of 2019, almost 28 percent of self-made ultra high net worth individuals were operating in the banking and finance businesses.
