In 2022, 128,000 individuals with net assets of at least 50 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, had less than 33,000 individuals with assets amounting to 50 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.
Number of ultra high net worth individuals in selected countries in 2022
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Credit Suisse, & UBS. (August 15, 2023). Number of ultra high net worth individuals in selected countries in 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/204095/distribution-of-ultra-high-net-worth-individuals-for-selected-countries/
Credit Suisse, und UBS. "Number of ultra high net worth individuals in selected countries in 2022." Chart. August 15, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/204095/distribution-of-ultra-high-net-worth-individuals-for-selected-countries/
Credit Suisse, UBS. (2023). Number of ultra high net worth individuals in selected countries in 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/204095/distribution-of-ultra-high-net-worth-individuals-for-selected-countries/
Credit Suisse, and UBS. "Number of Ultra High Net worth Individuals in Selected Countries in 2022." Statista, Statista Inc., 15 Aug 2023, https://www.statista.com/statistics/204095/distribution-of-ultra-high-net-worth-individuals-for-selected-countries/
Credit Suisse & UBS, Number of ultra high net worth individuals in selected countries in 2022 Statista, https://www.statista.com/statistics/204095/distribution-of-ultra-high-net-worth-individuals-for-selected-countries/ (last visited July 22, 2024)
Number of ultra high net worth individuals in selected countries in 2022 [Graph], Credit Suisse, & UBS, August 15, 2023. [Online]. Available: https://www.statista.com/statistics/204095/distribution-of-ultra-high-net-worth-individuals-for-selected-countries/