Taiwan ranked 15th globally in number of ultra-rich individuals

Focus Taiwan
Date: 2018/06/30
By: Wei Shu and Frances Huang

Taipei, June 30 (CNA) Taiwan was ranked 15th in a report on ultra-rich people by

Image taken from Pixabay

country in 2017, with the number up 26 percent from the previous year, according to property market consulting firm REPro Knight Frank.

In its latest wealth report, the number of individuals with US$50 million or more in net assets, defined as ultra-high net worth individuals (UHNWIs), in Taiwan was 2,010 in 2017, up 420 or 26 percent from a year earlier, REPro Knight Frank said.

Taiwan’s growth rate in super rich individuals was the third highest in the world, trailing only Brazil’s 28 percent and Russia’s 27 percent, REPro Knight Frank added.

Taiwan also ranked sixth in the number of ultra-rich people in Asia after Japan (9,960), China (8,800), Hong Kong (5,140), India (2,920) and South Korea (2,610), the consulting firm said.    [FULL  STORY]

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