Number of super-rich individuals grew worldwide during the pandemic
Number of super-rich individuals grew worldwide during the pandemic The global real estate consultancy Knight Frank published its “Wealth Report” for 2020 on March 1. The 15th annual report shows that the number of Ultra High Net Worth Individuals (UHNWI) around the world grew by 2.4 percent over the past year to more than 520,000 people. As always, Knight Frank enthusiastically defines UHNWI as “someone with a net worth of over US$30 million including their primary residence.” Knight Frank sees no problem whatsoever in celebrating the expansion of the number and wealth of the richest...