Monday 6 October 2008

Merrill Lynch and Capgemini release third Asia Pacific Wealth report

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The wealth of Asia-Pacific’s high net worth individuals (HNWIs ) increased 12.5 percent in 2007 to US$9.5 trillion.

The number of HNWIs in the region grew by 8.7 percent to 2.8 million and the number of ultra high net worth individuals (Ultra-HNWIs ) jumped 16.4 percent to 20,400.

Asia Pacific accounted for 27.8 percent of the world’s HNWI population in 2007 and Ultra-HNWIs accounted for 26.3 percent of the region’s HNWI wealth.

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