In 2023, 225,000 individuals with net assets of at least 30 million U.S. dollars were residing in the United States, by far the highest number of any country. By comparison, China, which had the second highest number of ultra high net worth individuals (UHNWIs), had less than 100,000 individuals with assets amounting to 30 million U.S. dollars or more.Place of residence of ultra high net worth individuals The residency of almost half of the world’s ultra high net worth individuals in the United States explains the dominance of North America in regard to the number of ultra high net worth individuals by region. Hong Kong was the city with the most UHNWIs in 2022, followed by New York, London, and Los Angeles. Source of wealth and gender differences A majority of the world's UHNWIs are self-made. However, looking at billionaires, there is a clear difference between men and women; whereas a majority of billionaire men were self-made, a majority of the women had inherited their fortune.

In 2021, there were around about 7.4 million high net worth individuals individuals in North America. High net worth individuals are those with financial assets worth at least one million U.S. dollars.

The United States is leading the ranking by number of high networth individuals , recording 26.9 million individuals. Following closely behind is China with 13.9 million individuals, while Lesotho is trailing the ranking with 0 thousand individuals, resulting in a difference of 26.9 million individuals to the ranking leader, the United States. High Net Worth Individuals are here defined as persons with investible assets of at least one million U.S. dollars in current exchange rate terms.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).

In 2021, the number of ultra high net worth individuals (UHNWIs) in China amounted to approximately 93.85 thousand. The number of UHNWIs in the country was projected to increase significantly, reaching around 133.5 thousand by 2026. In comparison, Southeast Asia's most populous country Indonesia had just over 1.4 thousand ultra high net worth individuals in 2021, a number which was set to increase slightly over the next years. Thailand was the only country in the region where the number of UHNWIs was projected to decrease until 2026. China also had the highest overall number of high net worth individuals (HNWIs) in APAC that year.

As of 2024, cash accounted for the largest portion of total assets for high net worth investors. In contrast to family offices where cash made up 11 percent of assets under management (AUM). Alternatives were the largest assets class among family offices, accounting for over 40 percent of AUM allocation.

According to the results of the survey, healthcare real estate was most sought after among ultra-high net worth individuals (UHNWIs) in 2024. About 13 percent of respondents reported that their UHNWIs would target healthcare properties in 2024. Education buildings and development land were other highly popular property types.

In 2021, the number of high net worth individuals (HNWIs) in China amounted to over nine million. The number of HNWIs in the country was projected to increase significantly, reaching more than 17 million by 2026. In comparison, Southeast Asia's most populous country Indonesia had just over 82 thousand high net worth individuals in 2021. China also had the highest number of ultra high net worth individuals (UHNWIs) in APAC that year.

The United States had the highest number of ultra wealthy individuals in 2022. In that year, there were nearly 130,000 ultra wealthy individuals in the country, while in China (excluding Hong Kong) there were 47,000 ultra wealthy individuals.

In 2023, North America had the highest number of high net worth individuals, with 7.88 million HNWIs living there. In Asia Pacific, there were also 7.39 billion HNWIs registered in 2023. High Net Worth Individuals (HNWIs) are people with wealth exceeding one million U.S. dollars.

In 2023, there were over 13 thousand ultra-high-net-worth individuals (UHNWI) in India. Individuals owning assets worth more than 30 million U.S. dollars were considered to be UHNWI. These figures were expected to reach about 20 thousand UHNWI by 2028.

Between 2017 to 2024, the number of high net worth individuals (HNWIs) in the United States increased steadily from nearly 15.4 million to around 22.4 million. After 2024, the number of HNWIs is expected to increase further, reaching over 26 million in 2028.

The share of female ultra high net worth (UHNW) individuals increased over the past years. As of 2022, 11 percent of all ultra wealthy individuals worldwide were women. By comparison, the share was 6.5 percent in 2016.

In 2021, the population with high and ultra-high net worth in Russia increased relative to the previous year, measuring at approximately 311.9 thousand and 6.2 thousand individuals, respectively, For 2026, the estimates forecast a further increase.

Average income in Russia

The average per capita monthly income in Russia has been gradually increasing, estimated at nearly 39.9 thousand Russian rubles in 2021. The largest share, or over one quarter of the employed population, earned between 27 thousand and 45 thousand Russian rubles per month in 2021.

Russia’s super rich

Less than six percent of Russians had a monthly income of over 100 thousand Russian rubles in 2021. Among them were members of the Bakalchuk family, the richest in the country by total compound assets. The total wealth of its members, who managed the e-commerce company Wildberries, was estimated at 13.1 billion U.S. dollars as of July 2021. To compare, the total declared income of the President of Russia Vladimir Putin was reported at about 10 million Russian rubles in 2020.

North America had the most ultra high net worth (UHNW) individuals in 2019. In that year, 105,080 ultra wealthy individuals resided in that region. The second highest number of ultra wealthy individuals lived in Asia with 83,310 individuals.

The high net worth individuals (HNWI) and ultra-high net worth individuals (UHNWI) in North America had the highest value of assets worldwide in 2023. The largest part of North American HNWI and UHNWI's assets were financial assets, such as cash and deposits, bonds, equities, and shares, which reached a value of over 126 trillion U.S. dollars in 2023. North American wealth management clients also had the highest liabilities, amounting to 22 trillion U.S. dollars.

In 2017, the number of individuals living in the United Kingdom (UK) with a net worth of over 30 million U.S. dollars excluding the value of their primary residence was almost 17,700 people. This number is expected to grow to over 26,000 by 2027.

In 2021, about 7.89 million individuals in North America had financial assets worth at least one million U.S. dollars. This equaled to a combined worth of about 27.67 trillion U.S. dollars, an increase from 24.32 trillion U.S. dollars in 2020.

In 2023, there were around 1,479 ultra high net worth individuals residing in Indonesia. This was forecasted to increase to nearly two thousand by 2028.

In 2023, Germany had the highest collective wealth of ultra high net worth individuals in Europe, at over 2,624 billion U.S dollars, followed by United Kingdom (UK) at 1,592 billion dollars.

Africa was home to 135,000 millionaires as of 2023. The number of high net worth individuals (HNWIs), each with net assets of one million U.S. dollars or more, slightly increased by nearly two percent compared to the previous year. Total private wealth in Africa amounted to 2.5 trillion U.S. dollars in 2023, slightly higher than in 2022. The wealth value measured referred to assets, such as cash, properties, and business interests, held by individuals living in each country, less liabilities.