Hong Kong still among the world’s top wealth hubs, according to Knight Frank report
There were an estimated 42,715 high-net-worth individuals (HNWIs) in Hong Kong last year, making up around 0.6 per cent of the city’s population of 7.53 million, according to the Census and Statistics Department.
With an estimated 2.34 million HNWIs in the world, Hongkongers made up about 2 per cent of this class, the property consultancy said in the 19th edition of its Wealth Report on Wednesday.
In terms of the wealth held by billionaires, Hong Kong had US$330 billion, ranking seventh in the world. The US’ billionaires held US$5.7 trillion, followed by China with US$1.34 trillion.
“This underscores Hong Kong’s significant economic influence and its role as a key financial centre in Asia,” said Martin Wong, senior director and head of research and consultancy for Greater China at Knight Frank.
Source link
