The top 10 countries with the most ultra-wealthy people, ranked
- Ten countries account for 72% of the world's ultra-wealthy population, according to Wealth-X's 2019 World Ultra Wealth Report.
- The report defines the world's ultra-wealthy population as those with $30 million or more in net worth.
- The US dominates, with a hefty share of 31% of all people in that income bracket.
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The rich are everywhere. But you can find nearly three-quarters of them across just 10 countries.Seventy-two percent of the global ultra-wealthy population (265,490 individuals) was spread across 10 countries in 2018, according to Wealth-X's 2019 World Ultra Wealth Report. The report analyzed data from Wealth-X's global database of more than one million records of the world's richest people.Advertisement
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It defines the world's ultra-wealthy population as those with $30 million or more in net worth. While the top 10 countries added a net 1,365 ultra-wealthy individuals since 2017, the combined net worth of all on the list declined by $362 billion (1.5%). However, these changes are close to the global average.Take a look at which countries worldwide have the biggest ultra-wealthy populations, ranked in ascending order. Note that Hong Kong ranked in both Wealth-X's top countries and top cities lists, as it's a semi-autonomous, special administrative region of China.
10. Switzerland's rich took a hit from the late capital-market slump.
9. Italy saw an increase in both its ultra-wealthy population and their collective wealth since 2017.Advertisement
8. Hong Kong has a significantly higher density of ultra-wealthy individuals than all other countries on this list, though the number of the rich and their collective worth did see a decline.
7. The United Kingdom experienced a rise in its ultra-wealthy population.Advertisement
6. France saw a moderate fall in total net worth compared to the previous year.
5. Canada saw a decline in both its ultra-wealthy population and its collective wealth.Advertisement
4. Germany witnessed an increase in its ultra-wealthy population and their collective wealth.
3. Japan saw modest falls in its ultra-wealthy population and collective net worth compared to last year.Advertisement
2. China saw a rise in the number of ultra-wealthy residents since 2017, but a drop in collective wealth.
1. The United States accounts for 31% of the global ultra wealthy population.Advertisement
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