Business Standard

China, India rise in wealth index, US remains world's ultra-rich hot spot

There are 60,000 ultra-high-net-worth individuals worldwide with a combined $22 trillion.

car, auto, automobile, sales, luxury, dealer
Premium

China and India should lead percentage growth of fortunes worth $100 million in 2025.

Ben Stupples and Suzanne Woolley | Bloomberg
The U.S. will remain the global hot spot for the world’s super-rich in the near future even as the fortunes of Asia’s wealthy continue to grow, according to research from Boston Consulting Group.

The number of ultra-high-net-worth individuals in the U.S. will increase 36% to about 28,000 in 2025 compared with last year, the firm said in its 2021 Global Wealth Report released Thursday. China and India should lead percentage growth of fortunes worth $100 million or more for the same period by almost doubling the number of ultra-wealthy individuals to 13,600 and 1,400, respectively, according to the report. There

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in