According to a survey conducted among over 600 private bankers, wealth advisors and family offices representatives worldwide, approximately one in four ultra-high net worth individuals (UHNWIs) worldwide made a new home purchase in 2023. In Australasia, the share of new luxury home buyers stood at 17 percent. The average UHNWI owned 3.7 residential properties in that year, but in Africa and Latin America, this figure was higher.
Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region
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Share of UHNWIs
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Knight Frank. (March 14, 2024). Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/
Knight Frank. "Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region." Chart. March 14, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/
Knight Frank. (2024). Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/
Knight Frank. "Share of Ultra-high Net worth Individuals (Uhnwis) Who Bought a New Home Worldwide in 2023, by Region." Statista, Statista Inc., 14 Mar 2024, https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/
Knight Frank, Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region Statista, https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/ (last visited August 24, 2024)
Share of ultra-high net worth individuals (UHNWIs) who bought a new home worldwide in 2023, by region [Graph], Knight Frank, March 14, 2024. [Online]. Available: https://www.statista.com/statistics/1231715/uhnwis-who-made-home-purchase-worldwide-by-region/