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Singapore become the country with the highest number of ultra wealthy individuals in Southeast Asia and ranks 17th globally!
According to the Knight Frank Wealth Report 2024, data shows the number of Ultra High Net Worth Individuals (UHNWI) worldwide. The United States tops the list with 225,077 UHNWI, followed by China with 98,551 and Germany with 29,021.
Among the Southeast Asian countries in the top 30, Singapore ranks highest in the region with 4,783 UHNWI population, and 17th globally. Furthermore, Indonesia ranks 24th with 1,479, Thailand 26th with 889, Malaysia 29th with 754, and Vietnam holds the last position with 752.