(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.
- 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:
http://www.knightfrank.com/wealthreport/2016/downloads
http://content.knightfrank.com/research/83/documents/en/wealth-report-2016-3579.pdf