In 2021, about 233,590 individuals with net assets of at least 30 million U.S. dollars were residing in North America. In Asia, 169,889 UHNWIs were registered in that year.
Ultra high net worth individuals
Ultra high net worth individuals are people whose net assets, including the primary residence, amount to over 30 million U.S. dollars. In 2021, the highest concentration of such individuals was in North America, Europe and Asia, with the United States being the home to the largest number of UHNWIs. The highest number of billionaires, on the other hand, lived in Europe as of 2019.
Wealth globally
The vast majority of global wealth is concentrated in the hands of a few people. Only one percent of global population owns assets worth more than one million U.S. dollars. The richest people all over the world are Elon Mask, Jeff Bezos, and Bernard Arnault. When it comes to women, Francoise Bettencourt Meyers led the ranking of the most affluent women worldwide, with net worth of 74.8 billion U.S. dollars. About 72 percent of ultra wealthy individuals admitted that their wealth was self-made.
Number of ultra high net worth individuals in 2021, by region
Ultra high net worth individuals are defined as people with net assets exceeding 30 million U.S. dollars. The term net worth measures all assets, including their primary residence.
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Knight Frank. (March 2, 2022). Number of ultra high net worth individuals in 2021, by region [Graph]. In Statista. Retrieved September 19, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/204072/distribution-of-ultra-high-net-worth-individuals-by-world-region/
Knight Frank. "Number of ultra high net worth individuals in 2021, by region." Chart. March 2, 2022. Statista. Accessed September 19, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/204072/distribution-of-ultra-high-net-worth-individuals-by-world-region/
Knight Frank. (2022). Number of ultra high net worth individuals in 2021, by region. Statista. Statista Inc.. Accessed: September 19, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/204072/distribution-of-ultra-high-net-worth-individuals-by-world-region/
Knight Frank. "Number of Ultra High Net worth Individuals in 2021, by Region." Statista, Statista Inc., 2 Mar 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/204072/distribution-of-ultra-high-net-worth-individuals-by-world-region/
Knight Frank, Number of ultra high net worth individuals in 2021, by region Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/204072/distribution-of-ultra-high-net-worth-individuals-by-world-region/ (last visited September 19, 2024)
Number of ultra high net worth individuals in 2021, by region [Graph], Knight Frank, March 2, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/204072/distribution-of-ultra-high-net-worth-individuals-by-world-region/