Top 20 countries with the most ultra-wealthy individuals [Infographic]

Where do the "ultra-wealthy" individuals live?

Well, new data from the Credit Suisse Global Wealth Report shows that there was an “explosion of wealth” last year.

In fact, the global population of ultra-high net worth individuals (UHNWIs) grew by 46,000 to a record of 218,200.

The report notes that UHNWIs benefited from a surge in the value of financial assets last year.

The majority of ultra-wealthy individuals already reside in the United States, but 2021 saw a staggering increase of 30,470 people bring added to this exclusive ultra-wealthy category in the country.

Meanwhile, Australia is the 8th country on the list with a population of UHNWIs.

According to the report, China and India will likely see their ultra-wealthy populations increase dramatically, but they still have a long way to go before catching up to the United States.

The biggest increases, aside from the U.S., were China (5,200), Germany (1,750), Canada (1,610), and Australia (1,350).

On the other hand, decreases in UHNWI populations were rare but did occur in a few cases. United Kingdom (-1,130), Turkey (-330), and Hong Kong SAR (-130) saw the biggest drops.

Guest author is Nick Routley, Managing Editor for Visual Capitalist. You can read the full article here. 

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