SHARE
News in Brief - Caproasia Online

Are you looking for your next career? Banks, Private Banks, IFAs, Fund Management Co.? Search for wealth & investment Jobs here or join thousands of leading financial professionals to receive the latest news and updates here

China’s Ultra Rich Leads the Rise in Global Wealth

China’s Ultra rich led the rise in global wealth in 2015. The Ultra High Net Worth (UHNW) individuals defined as those with $30 million and above in assets accumulated $175 billion of new wealth in 2015. China has accounted for almost 75% of total wealth created by global UHNW individuals in 2015.

Although it has created more dollar wealth than anywhere in the world, the UHNW population in China has only grown by 5% over the last four years. This is still lower than that of United States (19.9%).

News Source: Wealth X

 



Caproasia Online is an E-Magazine for Wealth Managers, Private Bankers & Investment Professionals.  View latest jobs in Banks, Private Banks, IFAs, Fund Management at the Jobs Center or join thousands of leading financial professionals to receive the latest news and updates here

For content usage and citations, kindly provide a backlink or whenever possible – Source: Caproasia Online.