Global Net Worth Report 2017 Released

For mid-2017, we estimate that there are 35.9
million HNW adults with wealth between USD
1 million and USD 50 million, of whom the vast
majority (31.4 million) fall in the USD 1–5 million
range (Figure 4). There are 3.0 million adults worth
between USD 5 million and USD 10 million, and
another 1.6 million have assets in the USD 10–50
million range. Europe and North America had similar
numbers of HNW individuals from 2007 to 2009,
but North America then opened up a gap that has
widened significantly since 2013 North America
now accounts for 16.4 million members (46% of the
total), compared to 10.8 million (30%) in Europe.
Asia-Pacific countries excluding China and India
have 6.1 million members (17%), and a further 2.0
million are found in China (5% of the global total).
The remaining 1.2 million HNW individuals (2% of
the total) reside in India, Africa or Latin America.
Ultra-high

Ultra-high net worth individuals
Our calculations suggest that 148,200 adults
worldwide can be classed as UHNW individuals, with
net worth above USD 50 million. Of these, 54,800
are worth at least USD 100 million, and 5,700 have
assets above USD 500 million. The total number of
UHNW adults has risen by 13% (19,600 adults)
during the past year, as a result of the widespread
gains in average wealth. All regions shared in this
rise in the number of UHNW individuals.
North America dominates the regional rankings,
with 75,000 UHNW residents (51%), while Europe
has 31,900 (22%), and 17,500 (12%) live in Asia-
Pacific countries excluding China and India. Among
individual countries, the United States leads by a
huge margin with 72,000 UHNW adults, equivalent
to 49% of the group total (Figure 5), a rise of
9,900 compared to mid-2016. China occupies
second place with 18,100 UHNW individuals (up
3,000 on the year), followed by Germany (7,200,
up 500). The United Kingdom (4,700, up 400)
made up for some of the losses suffered a year
ago after the Brexit vote and retained fourth place
ahead of France, Australia and Canada (all 3,000).
The remaining places in the top ten list of countries
are occupied by Switzerland (2,800, up 400), Italy
(2,600, up 100) and Korea (2,300, up 300).

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Frankfooter said:

As in everyone in Toronto that owns a house?

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The "Bone" Ranger said:

That's a good point - I just don't know how they can drill it down to individual level without making a lot of assumptions and generalizations.

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oldjones said:

Remember the outcry when Bob Rae proposed a premium tax-rate on 'the wealthy'? Turned out almost everyone in Toronto who owned property qualified.

Still do apparently, although I just can't see my clapped-out PT Cruiser puts me on the same footing (same wheeling?) as the guy who collects vintage Ferraris.

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