The Biggest Myths About The Global Ultra Wealthy

The Biggest Myths About The Global Ultra Wealthy by Wealth-X

Wealth-X data dispels the biggest myths around the ultra wealthy population’s net worth, education, giving and luxury assets.

Combined Net Worth – 62 individuals own half of the world’s wealth

The wealthiest 62 people in the world have a combined net worth of US$1.72 trillion, according to Wealth-X data.

There are 211,275 ultra high net worth (UHNW) individuals with net assets of US$30 million or more, according to the Wealth-X and UBS World Ultra Wealth Report 2014. With a combined net worth of nearly US$30 trillion, these ultra wealthy individuals account for 0.004% of the world’s adult population and control almost 13% of the world’s wealth — a significant percentage, but...