WHO ARE THE ULTRAWEALTHY?
WEALTH TIERS FOR INDIVIDUALS
WORTH $1 MILLION AND MORE
$1 MILLION–$5 MILLION WEALTH
$30 MILLION–$50 MILLION WEALTH $50 M.–$100 M. $100 M.–$500 M.
$500 M.
AND MORE
$5 M.–$30 M.
ULTRAHIGH-NET-WORTH INDIVIDUALS (UHNW)
20.1 MILLION INDIVIDUALS 2.4 M.
MORE THAN $30 MILLION WEALTH 265,490 INDIVIDUALS
126,950 INDIVIDUALS 81,030 50,290
7,220
N. AMERICA EUROPE MIDDLE
EAST
LATIN AFRICA ASIA PACIFIC
AMERICA,
CARIBBEAN
POP.
91,740
8,040
2,410
9,710
3,640
74,380 75,570
UHNW POPULATION BY REGION
WEALTH SOURCE DEMOGRAPHICS
IN THE TOP 10 CITY LIST OF LARGEST UHNW POPULATION
#9
WASHINGTON
D.C.
#1
NEW YORK
#10
DALLAS
#2
HONG KONG
#4
LOS
ANGELES
#8
SAN
FRANCISCO
#7
CHICAGO
#5
LONDON
#6
PARIS #3
TOKYO
8.5%
SOLELY
INHERITED
23.7%
INHERITED
AND
SELF-MADE
67.7%
SOLELY
SELF-
MADE
13.2%
UNDER
50
56.1%
50 TO
70
30.7%
OVER
70
85.4%
MEN
14.6%
WOMEN
SOURCE:
WEALTH-X
Seeing Trends
ANALYTICS in the Data
PAGE
8
21
FORTUNE.COM // NOVEMBER 2019
THE ULTRAWEALTHY, defined by a Wealth-X
report as individuals with a net worth north
of $30 million, are on the rise. Favorable tax
conditions and a strong dollar saw the U.S. in-
crease its population of ultrawealthy individu-
als by 2.2%. The slowdown in Asia saw Hong
Kong’s ultrawealthy ranks decline 10.6%—
with that city losing its crown as capital of the
world’s financial elite to New York.
