There are 426,330 individuals classified as ultra-high-net worth (UHNW) individuals globally.
Defining Ultra-High-Net Worth (UHNW) Individuals
The term "ultra wealthy" refers to individuals who possess significant financial assets. Specifically, ultra-high-net worth (UHNW) individuals are defined as those with a net worth of $30 million or more. This threshold signifies a level of wealth that sets them apart from other high-net worth categories.
Global Ultra-Wealthy Population Statistics
According to insights from Altrata's World Ultra Wealth Report 2024, the global population of ultra-high-net worth individuals reached 426,330. This elite group's total wealth experienced a substantial surge in 2023, increasing by 7% to an impressive $49 trillion. This growth was largely propelled by a strong year-end rally in the stock markets.
Key statistics regarding the ultra-wealthy population include:
- Total Number: 426,330 individuals
- Wealth Threshold: $30 million USD or more
- Total Collective Wealth (2023): $49 trillion
- Wealth Growth (2023): 7%
Here's a summary of the key figures:
| Metric | Value |
|---|---|
| Number of Ultra-Wealthy (UHNW) | 426,330 individuals |
| Wealth Definition (UHNW) | Net worth of $30M+ |
| Total UHNW Wealth (2023) | $49 trillion |
| Annual Wealth Growth (2023) | 7% |
