Wealth-X proudly presents the latest edition of World Ultra Wealth Report 2012 - 2013.
In the next five years, Wealth-X forecasts that the world's UHNW population will grow by an annual average of 3.9% and the wealth attributable to the UHNW population is expected to grow by 5.5%.
The data reflects the trends in the composition of the UHNW population in Switzerland, often viewed as a traditional favourite for global UHNWIs for taxation and privacy reasons.
Non-domiciled UHNWIs account for 18.1% of the Swiss UHNW population, which is in stark contrast to the 32.3% figure for the United Kingdom. A reason for the phenomenon may be the Swiss economy's reliance on certain industrial sectors, including machinery, chemicals and banking, as well as the smaller size of the Swiss labour market, which is only a sixth of the British labour market.
The global NRI UHNW population grew by 0.2% during the measuring period, largely driven by increases in the NRI UHNW population in North America. The positive performance of the technology sector in the U.S. has been a major factor behind the growth of the NRI population in the region.
The NRI population in Asia was adversely affected by the poor performance of equity markets and weakness in the financial services sector.
Wealth-X is the global ultra high net worth (UHNW) prospecting, intelligence and wealth due diligence firm. Wealth-X provides its members with qualified prospects and intelligence on UHNWIs along with the privately held-companies they control. We work with 8 of the top 10 global private banks, leading educational institutions, not-for-profit organisations and luxury brands.
The Wealth-X database offers exclusive details on ultra wealthy individuals, including their wealth, income, passions, philanthropic interests, affiliations, politics, advisors, families and biographies.
Wealth-X, the global authority on UHNW individuals and the worldwide standard for professionals working with the ultra affluent, is indispensable for private bankers, professional fundraisers and luxury brands.
Headquartered in Singapore, the company has offices in Beirut, Budapest, Guangzhou, Hong Kong, Kuala Lumpur, London, Lugano, Madrid, Mumbai, New York and Sydney.
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