There were 1,676 superrich people in Taiwan in 2016

The China Post
Date: July 6, 2017
By: The China Post

TAIPEI, Taiwan — There were nearly 1,700 superrich people in the country last year, according to a

Taipei’s Xinyi District. (The China Post)

wealth report released Thursday.

The number of ultra-high net worth individuals, defined as those with a net worth of at least US$30 million, increased by 5 percent from last year to 1,676, according to the 2017 Wealth Report by real estate consultancy REPro Knight Frank.

Of them 1,380 were worth above US$30 million, 267 were worth over US$100 million and 29 were billionaires.

Most of them (84 percent) lived in Taipei and invested mostly in financial products (25 percent), real estate (23 percent) and their own businesses (21 percent).

Taiwanese superrich were among the top homeowners among the very wealthy worldwide, owning four properties each on average, second only to the 4.3 homes of their Saudi Arabian counterparts.

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