Here's where the world's ultra-rich are moving - and where they are coming from
In its 2015 Wealth Report, real estate consultancy Knight Frank took a look at the migration flows of the world's so-called high-net-worth-individuals (HNWIs) from 2003 to 2013.
As a destination, the UK far outpaced every other country, with more than 114,000 HNWIs migrating there during the 10-year period. (HNWIs are defined as having at least $30 million in assets.)
The US came in third place with 42,000 ultra-rich immigrants.
Note, the total number of HNWIs in the US (4 million in 2013) is still higher than the total in the UK (815,000 in 2013).
So where did the majority of those people come from?
Asia, mostly. About 76,000 HNWIs left China throughout the decade, while more than 43,000 took left India. According to the report, Singapore has been a popular destination for many of those emigrants.
Check it out:
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- 6 Coffee recipes you should try this summer
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market