As per research, in spite of the continuous growth of the fortunes of Asia’s wealthy, the US will remain as the global hot spot for the world’s super rich entities. The Boston Consulting Group states that there will be a growth of 36% in the number of ultra-high-net-worth individuals in the US. As compared to last year, it will grow to about 28000.
For the same period, India and China should lead percentage growth of fortunes worth $100 million or more. Both the countries might be able to do so by doubling the number of ultra-wealthy individuals to 1400 and 13,600, respectively.
Research states that globally, there are 60,000 ultra-high-net-worth individuals with a combined value of $22 trillion.