1 HNWIs are defined as those having investable assets of US$1 million or more, excluding primary residence, collectibles, consumables, and consumer durables
2 Ultra-HNWIs are defined as those having investable assets of US$30 million or more, excluding primary residence, collectibles, consumables, and consumer durables
HNWI SEGMENT RECOUPED SIGNIFICANT GROUND IN 2009
time, after falling 14.2% in 2008. Seven countries
within the region actually saw their HNWI
populations recover beyond 2007 levels.
Asia-Pacific HNWI wealth surged 30.9% to US$9.7
trillion, more than erasing 2008 losses and surpassing
the US$9.5 trillion in wealth held by Europe’s HNWIs.
After falling 19.0% in 2008, the HNWI population in
North America rebounded, gaining 16.6% in 2009.
HNWI wealth there rose 17.8% to US$10.7 trillion.
North America remains the single largest home to
HNWIs, with its 3.1 million HNWIs accounting for
31% of the global HNWI population.
The world’s population of high net worth individuals (HNWIs1) grew 17.1% to 10.0 million in 2009,
returning to levels last seen in 2007 despite the contraction in world gross domestic product (GDP). Global
HNWI wealth similarly recovered, rising 18.9% to US$39.0 trillion, with HNWI wealth in Asia-Pacific and
Latin America actually surpassing levels last seen at the end of 2007.
For the first time ever, the size of the HNWI population in Asia-Pacific was as large as that of Europe
(at 3.0 million). This shift in the rankings occurred because HNWI gains in Europe, while sizeable, were far
less than those in Asia-Pacific, where the region’s economies saw continued robust growth in both
economic and market drivers of wealth.
The wealth of Asia-Pacific HNWIs stood at US$9.7 trillion by the end of 2009, up 30.9%, and above the
US$9.5 trillion in wealth held by Europe’s HNWIs. Among Asia-Pacific markets, Hong Kong and India led the
pack, rebounding from mammoth declines in their HNWI bases and wealth in 2008 amid an outsized resurgence
in their stock markets.
The global HNWI population nevertheless remains highly concentrated. The U.S., Japan and Germany still
accounted for 53.5% of the world’s HNWI population at the end of 2009, down only slightly from 54.0% in 2008.
Australia became the tenth largest home to HNWIs, after overtaking Brazil, due to a considerable rebound.
After losing 24.0% in 2008, Ultra-HNWIs2 saw wealth rebound 21.5% in 2009. At the end of 2009, Ultra-
HNWIs accounted for 35.5% of global HNWI wealth, up from 34.7%, while representing only 0.9% of the global
HNWI population, the same as in 2008.
Wealth recovery nearly compensates for 2008 losses as HNWI population grows 17.1% and HNWI wealth reaches $39 trillion
http://www.capgemini.com/insights-and-resources/by-publication/world-wealth-report-2010/
2 Ultra-HNWIs are defined as those having investable assets of US$30 million or more, excluding primary residence, collectibles, consumables, and consumer durables
HNWI SEGMENT RECOUPED SIGNIFICANT GROUND IN 2009
time, after falling 14.2% in 2008. Seven countries
within the region actually saw their HNWI
populations recover beyond 2007 levels.
Asia-Pacific HNWI wealth surged 30.9% to US$9.7
trillion, more than erasing 2008 losses and surpassing
the US$9.5 trillion in wealth held by Europe’s HNWIs.
After falling 19.0% in 2008, the HNWI population in
North America rebounded, gaining 16.6% in 2009.
HNWI wealth there rose 17.8% to US$10.7 trillion.
North America remains the single largest home to
HNWIs, with its 3.1 million HNWIs accounting for
31% of the global HNWI population.
The world’s population of high net worth individuals (HNWIs1) grew 17.1% to 10.0 million in 2009,
returning to levels last seen in 2007 despite the contraction in world gross domestic product (GDP). Global
HNWI wealth similarly recovered, rising 18.9% to US$39.0 trillion, with HNWI wealth in Asia-Pacific and
Latin America actually surpassing levels last seen at the end of 2007.
For the first time ever, the size of the HNWI population in Asia-Pacific was as large as that of Europe
(at 3.0 million). This shift in the rankings occurred because HNWI gains in Europe, while sizeable, were far
less than those in Asia-Pacific, where the region’s economies saw continued robust growth in both
economic and market drivers of wealth.
The wealth of Asia-Pacific HNWIs stood at US$9.7 trillion by the end of 2009, up 30.9%, and above the
US$9.5 trillion in wealth held by Europe’s HNWIs. Among Asia-Pacific markets, Hong Kong and India led the
pack, rebounding from mammoth declines in their HNWI bases and wealth in 2008 amid an outsized resurgence
in their stock markets.
The global HNWI population nevertheless remains highly concentrated. The U.S., Japan and Germany still
accounted for 53.5% of the world’s HNWI population at the end of 2009, down only slightly from 54.0% in 2008.
Australia became the tenth largest home to HNWIs, after overtaking Brazil, due to a considerable rebound.
After losing 24.0% in 2008, Ultra-HNWIs2 saw wealth rebound 21.5% in 2009. At the end of 2009, Ultra-
HNWIs accounted for 35.5% of global HNWI wealth, up from 34.7%, while representing only 0.9% of the global
HNWI population, the same as in 2008.
Wealth recovery nearly compensates for 2008 losses as HNWI population grows 17.1% and HNWI wealth reaches $39 trillion
http://www.capgemini.com/insights-and-resources/by-publication/world-wealth-report-2010/