Global Changes in Ultra Wealthy Population (2014-2024)

The chart illustrates the projected changes in the ultra-wealthy population (UHNWIs) across various countries from 2014 to 2024. Notably, Vietnam is expected to experience a staggering 430% increase, highlighting its rapid economic growth and emerging status as a hub for wealth accumulation. In contrast, Argentina is the only country projected to see a decline, with an 18% decrease in its ultra-wealthy population, possibly reflecting economic challenges. Other significant increases are anticipated in Kenya (200%) and Tanzania (187%), indicating a burgeoning wealth class in parts of Africa. Meanwhile, traditional economic powerhouses like the U.S. and China are also set to see substantial growth, at 67% and 136% respectively, underscoring their continued dominance in global wealth creation. European countries show varied growth, with Sweden leading at 64% and Italy lagging at 18%. This data suggests a dynamic shift in global wealth distribution, with emerging markets playing an increasingly pivotal role. The diverse growth rates across regions highlight the complex interplay of economic, political, and social factors influencing wealth accumulation worldwide.

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