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APAC remains global leader in HNWI population and wealth

Samantha Chiew Published on Mon, Nov 06, 2017 / 3:56 PM GMT+8

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SINGAPORE (Nov 6): Asia-Pacific (APAC) has maintained its top spot as the global leader in high net worth individuals (HNWI) population and wealth, outperforming all other regions.

However, APAC’s pace slowed slightly in 2016 with population and wealth increasing 7.4% and 8.2% respectively, down from 9.4% and 9.9% in 2015.

Previously, China and Japan powered APAC’s HNWI population growth, together accounting for 73% of APAC’s HNWI population and 68% of HNWI financial wealth, but their 2016 slowdown affected the overall region.

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