• Knight Frank launches The Wealth Report 2016 (10th edition)

    9 March 2016

    (3 March, 2016 – Hong Kong) – Knight Frank, the independent global property consultancy, and Bank of China International Limited jointly hosted a press conference in Hong Kong for the launch of The Wealth Report 2016. Now in its 10th year, the report tracks the growing super-rich population in 98 cities.

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    • Asia tops the absolute increase in UHNWI population among world regions, both in the last 10 years and in the next 10 years.
    • The global population of Ultra-High-Net-Worth Individuals (UHNWIs) has grown by 60% in the 10 years since The Wealth Report first published in 2007.
    • China ranks 2nd in the world in terms of absolute increase in UHNWI population over the next 10 years.
    • Hong Kong tops UHNWI population among Asia’s cities in 2015.
    • Asia billionaires will surge by 71% over the next decade.
    • China tops the largest billionaire population in Asia in 2015.
    • Singapore overtakes Hong Kong, moving to third position in the world’s most important cities to UHNWIs in 2016.
    • Shanghai tops in Asia on prime residential price annual growth in 2015.
    • Hong Kong’s luxury homes remain the second most expensive in the world.

    To download the report, please visit:




    The 280-meter-tall Lumina Shanghai, developed by Henderson Land Group and designed by Gensler, is the tallest skyscraper in the Xuhui Riverside District.

    A sophisticated yet modern setting was derived by juxtaposition of Indochine-Vietnamese features and wood-fire inspired material palettes. Re-interpretation of the spatial order of a typical Indochine-Vietnamese mansion has been adopted to give hierarchy, layers and details to the space.


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