The world's wealthiest people don't live where you think they do

Half of the top richest people live in just two countries
The Knight Frank Wealth Report 2024
$30 million dollars or more in your bank
30. Vietnam
29. Malaysia
28. Portugal
27. Thailand
26. South Africa
25. Finland
24. Indonesia
23. Ireland
22. Turkiye
21. Austria
20. Norway
19. New Zealand
18. Sweden
17. Singapore
16. Hong Kong
15. South Korea
14. Taiwan
13. The Netherlands
12. Spain
11. India
10. Switzerland
09. Australia
08. Italy
07. Japan
06. United Kingdom
05. France
04. Canada
03. Germany
02. China
01. United States
Everyone else!
What wasn’t included in the data
Half of the top richest people live in just two countries

There are more than 600,000 ultra high net worth individuals alive today and you might think that they are spread across the world's wealthiest countries but most actually live in just two. Can you guess which ones?

The Knight Frank Wealth Report 2024

A recent report from Knight Frank revealed where most of the wealthiest people in the world live. But before we look at those countries it's important to know who is considered to be an Ultra High Net Worth individual today? The answer to that question might surprise you. 

 

$30 million dollars or more in your bank

It turns out that anyone with a personal net worth of more than $30 million dollars is in the Ultra High Net Worth Individual (UHNWI) category, and just two of the world’s big economies are home to more than 50% of these people. Let’s take a look at the data. 

Photo by Jacob Vizek on Unsplash

30. Vietnam

UHNWI population: 752

% of world UHNWI: 0.1%

Photo by Ammie Ngo on Unsplash

29. Malaysia

UHNWI population: 754

% of world UHNWI: 0.1%

Photo by Esmonde Yong on Unsplash

28. Portugal

UHNWI population: 800

% of world UHNWI: 0.1%

Photo by Nick Karvounis on Unsplash

27. Thailand

UHNWI population: 889

% of world UHNWI: 0.1%

Photo by Mathew Schwartz on Unsplash

26. South Africa

UHNWI population: 835

% of world UHNWI: 0.1%

Photo by Tobias Reich on Unsplash

25. Finland

UHNWI population: 1,269

% of world UHNWI: 0.2%

Photo by Alexandr Bormotin on Unsplash

24. Indonesia

UHNWI population: 1,479

% of world UHNWI: 0.2%

Photo by Jeremy Bishop on Unsplash

23. Ireland

UHNWI population: 1,890

% of world UHNWI: 0.3%

Photo by Henrique Craveiro on Unsplash

22. Turkiye

UHNWI population: 1.932

% of world UHNWI: 0.3%

Photo by Tienko Dima on Unsplash

21. Austria

UHNWI population: 2,167

% of world UHNWI: 0.3%

Photo by Joss Woodhead on Unsplash

20. Norway

UHNWI population: 2,276

% of world UHNWI: 0.4%

Photo by Michael Fousert on Unsplash

19. New Zealand

UHNWI population: 2,587

% of world UHNWI: 0.4%

Photo by Tobias Keller on Unsplash

18. Sweden

UHNWI population: 4,125

% of world UHNWI: 0.7%

Photo by Jon Flobrant on Unsplash

17. Singapore

UHNWI population: 4,783

% of world UHNWI: 0.8%

Photo by Jisun Han on Unsplash

16. Hong Kong

UHNWI population: 5,957

% of world UHNWI: 1.0%

Photo by Ruslan Bardash on Unsplash

15. South Korea

UHNWI population: 7,310

% of world UHNWI: 1.2%

Photo by Sava Bobov on Unsplash

14. Taiwan

UHNWI population: 7,640

% of world UHNWI: 1.2%

Photo by Timo Volz on Unsplash

13. The Netherlands

UHNWI population: 8.390

% of world UHNWI: 1.3%

Photo by jennieramida on Unsplash

12. Spain

UHNWI population: 10,149

% of world UHNWI: 1.6%

Photo by Jorge Fernández Salas on Unsplash

11. India

UHNWI population: 13,263

% of world UHNWI: 1.6%

Photo by Julian Yu on Unsplash

10. Switzerland

UHNWI population: 14,734

% of world UHNWI: 2.4%

Photo by Patrick Robert Doyle on Unsplash

09. Australia

UHNWI population: 15,347

% of world UHNWI: 2.4%

Photo by Johnny Bhalla on Unsplash

08. Italy

UHNWI population: 15,952

% of world UHNWI: 2.5%

Photo by Dan Novac on Unsplash

07. Japan

UHNWI population: 21,710

% of world UHNWI: 3.5%

Photo by Jezael Melgoza on Unsplash

06. United Kingdom

UHNWI population: 23,072

% of world UHNWI: 3.7%

Photo by Marcin Nowak on Unsplash

05. France

UHNWI population: 24,941

% of world UHNWI: 4.0%

Photo by Chris Karidis on Unsplash

04. Canada

UHNWI population: 27,928

% of world UHNWI: 4.5%

Photo by Eugene Aikimov on Unsplash

03. Germany

UHNWI population: 29,021

% of world UHNWI: 4.6%

Photo by Ansgar Scheffold on Unsplash

02. China

UHNWI population: 98,551

% of world UHNWI: 15.7%

Photo by Ling Tang on Unsplash

01. United States

UHNWI population: 225,077

% of world UHNWI: 35.9%

Photo by Thomas Habr on Unsplash

Everyone else!

UHNWI population: 51,039

% of world UHNWI: 8.1%

Photo by Kelsey Knight on Unsplash

What wasn’t included in the data

It’s important to note that the Knight Frank Wealth Report 2024 was not able to get proper data on several wealth hotspots and were not included in the ranking. These included Belgium, Saudi Arabia, the UAE, and Russia.

Photo by ZQ Lee on Unsplash

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