A view of Cartier jewellery boutique on Rodeo Drive in Beverly Hills, California.
America has gained some 2,250 ultra-high-net-worth individuals – classed as those with a net worth of $30 million or more (including all assets) – since last year, according to a report from Wealth-X, a financial consulting firm.
Their combined wealth is also 3.3 per cent higher. The world’s richest people have a combined wealth of $25.8 trillion. That’s 1.8 per cent less than a year ago, largely because of the euro-area crisis and slowdown in emerging markets.
Let’s take a look at countries with most ultra-high-net-worth individuals.
A Swarovski showroom in Mumbai.
India
Ultra-high-net-worth population (2012): 7,730
Total wealth (2012): $925 billion
Ultra-high-net-worth population (2011): 8,215
Total wealth (2011): $980 billion
Population change: -5.9 per cent
Total wealth change: -5.7 per cent
Bvlgari boutique along Rodeo Drive in Beverly Hills, California.
The United States
Ultra-high-net-worth population (2012): 60,280
Total wealth (2012): $8,285 billion
Ultra-high-net-worth population (2011): 58,030
Total wealth (2011): $8,020 billion
Population change: +3.9 per cent
Total wealth change: +3.3 per cent
A woman looks at a bottle of 'Imperial Majesty' by Clive Christian, which costs $198,197 for 500ml, in the Roja Dove Haute Perfumerie in Harrods, Knightsbridge, London.
The United Kingdom
Ultra-high-net-worth population (2012): 10,515
Total wealth (2012): $1,325 billion
Ultra-high-net-worth population (2011): 10,490
Total wealth (2011): $1,275 billion
Population change: +0.2 per cent
Total wealth change: +3.9 per cent
A view of Escada fashion house in Berlin.
Germany
Ultra-high-net-worth population (2012): 15,770
Total wealth (2012): $2,050 billion
Ultra-high-net-worth population (2011): 15,985
Total wealth (2011): $1,945 billion
Population change: -1.3 per cent
Total wealth change: +5.4 per cent
A fashion show in Rio de Janeiro.
Brazil
Ultra-high-net-worth population (2012): 4,640
Total wealth (2012): $865 billion
Ultra-high-net-worth population (2011): 4,725
Total wealth (2011): $925 billion
Population change: -1.8 per cent
Total wealth change: -6.5 per cent
A woman walks by a Louis Vuitton luxury boutique at the IFC Mall in Shanghai.
China
Ultra-high-net-worth population (2012): 11,245
Total wealth (2012): $1,580 billion
Ultra-high-net-worth population (2011): 11,510
Total wealth (2011): $1,695 billion
Population change: -2.3 per cent
Total wealth change: -6.8 per cent
A window cleaner abseils in front of a boutique of the Crocus luxury retailer in Moscow.
Russia
Ultra-high-net-worth population (2012): 1,145
Total wealth (2012): $605 billion
Ultra-high-net-worth population (2011): 1,290
Total wealth (2011): $710 billion
Population change: -11.3 per cent
Total wealth change: -14.8 per cent
Hostesses stand in front of LVMH's Louis Vuitton's jewellery store on Place Vendome in Paris.
France
Ultra-high-net-worth population (2012): 4,100
Total wealth (2012): $475 billion
Ultra-high-net-worth population (2011): 4,415
Total wealth (2011): $535 billion
Population change: -7.1 per cent
Total wealth change: -11.2 per cent
Christian Dior, left, and Armani Ginza Tower at Tokyo's Ginza shopping and amusement district.
Japan
Ultra-high-net-worth population (2012): 12,830
Total wealth (2012): $2,075 billion
Ultra-high-net-worth population (2011): 13,040
Total wealth (2011): $2,270 billion
Population change: -1.6 per cent
Total wealth change: -8.6 per cent
A woman carrying shopping bags is reflected in a wall in central Sydney.
Australia
Ultra-high-net-worth population (2012): 3,350
Total wealth (2012): $410 billion
Ultra-high-net-worth population (2011): 3,140
Total wealth (2011): $390 billion
Population change: 6.7 per cent
Total wealth change: 5.1 per cent
A view of Dolce and Gabbana showroom in downtown Milan.
Italy
Ultra-high-net-worth population (2012): 1,940
Total wealth (2012): $220 billion
Ultra-high-net-worth population (2011): 2,245
Total wealth (2011): $270 billion
Population change: -13.6 per cent
Total wealth change: -18.5 per cent
Swiss luxury brand Piaget shop at the Bahnhofstrasse in Zurich.
Switzerland
Ultra-high-net-worth population (2012): 5,595
Total wealth (2012): $655 billion
Ultra-high-net-worth population (2011): 5,220
Total wealth (2011): $635 billion
Population change: 7.2 per cent
Total wealth change: 3.1 per cent
Louis Vuitton shop on Orchard Road in downtown Singapore.
Singapore
Ultra-high-net-worth population (2012): 1,305
Total wealth (2012): $155 billion
Ultra-high-net-worth population (2011): 1,355
Total wealth (2011): $170 billion
Population change: -3.7 per cent
Total wealth change: -8.8 per cent
A Bershka store in Barcelona.
Spain
Ultra-high-net-worth population (2012): 1,520
Total wealth (2012): $180 billion
Ultra-high-net-worth population (2011): 1,880
Total wealth (2011): $225 billion
Population change: -19.1 per cent
Total wealth change: -20 per cent
The Grand Hotel in Oslo.
Norway
Ultra-high-net-worth population (2012): 1,370
Total wealth (2012): $155 billion
Ultra-high-net-worth population (2011): 1,345
Total wealth (2011): $160 billion
Population change: 1.9 per cent
Total wealth change: -3.1 per cent
The main shopping street in Stockholm's Gamla Stan or Old Town district.
Sweden
Ultra-high-net-worth population (2012): 990
Total wealth (2012): $110 billion
Ultra-high-net-worth population (2011): 970
Total wealth (2011): $115 billion
Population change: 2.1 per cent
Total wealth change: -4.3 per cent
Two girls ride their bicycles in the Irenestraat in Goirle, the Netherlands.
The Netherlands
Ultra-high-net-worth population (2012): 1,205
Total wealth (2012): $135 billion
Ultra-high-net-worth population (2011): 1,225
Total wealth (2011): $145 billion
Population change: -1.6 per cent
Total wealth change: -6.9 per cent
A dog sits as he waits next to his owner to cross a street in Copenhagen.
Denmark
Ultra-high-net-worth population (2012): 685
Total wealth (2012): $75 billion
Ultra-high-net-worth population (2011): 630
Total wealth (2011): $75 billion
Population change: 8.7 per cent
Total wealth change: zero per cent
Tourists take part in the reindeer safari at Arctic Circle near Rovaniemi.
Finland
Ultra-high-net-worth population (2012): 405
Total wealth (2012): $45 billion
Ultra-high-net-worth population (2011): 405
Total wealth (2011): $50 billion
Population change: zero per cent
Total wealth change: -10 per cent
A Prada store in Hong Kong.
Hong Kong
Ultra-high-net-worth population (2012): 3,135
Total wealth (2012): $470 billion
Ultra-high-net-worth population (2011): 3,200
Total wealth (2011): $530 billion
Population change: -2 per cent
Total wealth change: -11.3 per cent
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