The number of ultra-high net worth individuals (UHNWIs) globally rose 4.2 percent in 2023 to 626,619 from 601,300 a year earlier, according to The Wealth Report, Knight Frank’s flagship report.
Knight Frank said this has reversed 2022's decline, which saw wealth held by UHNWIs fall by 10 percent in US dollar terms.
At a regional level, North America leads with the number of UHNWIs up 7.2 percent, the Middle East comes in second place (6.2 percent) and Africa take...
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