The global rise in the number of ultra high net worth individuals has been witnessed in the past few years. An ultra net worth individual is one with a net worth of at least US$30 million or more. This stupendous amount of wealth can be inclusive of share holdings in public and private companies, investment in several industries and businesses, and passion investments in valuable items such as planes, art, real estate, and jewelry among others. The ultra high net worth individuals 2014 are encouraging growth in many industries by their changing lifestyles and evolving tastes. As the economy has been recovering since its pitfall in 2009, luxury goods market, real estate business, passion investment management, and wealth management are some of the obvious sectors have regained ground with the help of ultra high net worth individuals.
The ultra high net worth individuals show a promise of giving an unprecedented support to the dependent segments of economy such as philanthropy management, private banking, investment banking and wealth management, asset acquisition, family office exchange, and rise in international investing among others. The ultra high net worth individual trends also indicates the possibilities in shift of wealth accumulation in the coming years. Chances are, regions such as Europe and North America will accommodate maximum number of ultra high net worth individual in the coming years. Factors such as business ownership and family education to manage wealthy acquired through legacy will remain the main growth drivers for trends amongst ultra high net worth individuals.
In the reports listed below, analysts have compiled valuable data about ultra high net worth individuals from around the world with their collective experience and extensive research done country wise. The reports detail important case studies and examples for readers to understand the net impact of these ultra high net worth individuals on the global economy in the years to come.