Wealth-X Announces Combined Wealth Of UK UHNW Tops US$ 1.3 Trillion
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Wealth-X Announces Combined Wealth Of UK UHNW Tops US$ 1.3 Trillion

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Wealth-X Announces Combined Wealth Of UK
UHNW Tops US$ 1.3 Trillion
PR Newswire
SINGAPORE, June 19, 2012
- UK Added An Average of One UHNWI per day
SINGAPORE
,
June 19, 2012
/PRNewswire/ -- Wealth-X, the UHNW client
development solution for bankers, marketers and fundraisers, has released a
report on the ultra high net worth (UHNW) population in the
United Kingdom
.
Wealth-X estimates that there are 10,760 individuals resident in the
United
Kingdom
worth
US$30 million
or more, with at least 310 new individuals joining
the ranks of the ultra wealthy. On average, the
United Kingdom
added an
average of one UHNWI per day since the release of the World Ultra Wealth
Report 2011. The combined wealth of the UHNW segment in the
United
Kingdom
stands at an estimated
US$ 1.3 trillion
.
Mr David Lincoln, Director of Research at Wealth-X, commented on the report.
"The wealth composition of the
United Kingdom
,
London
in particular, is
diverse. This is reflected in our data showing that 31% of the UHNW population
in the
United Kingdom
is considered Non-Dom or non-domiciled, with Non-
Resident Indians (NRIs) and Middle East UHNWIs making up a significant
proportion of these," he said.
Wealth-X CEO, Mr Mykolas D. Rambus said, "We expect our research data to be
of significant interest to the professionals in the banking, luxury and fundraising
communities, both within the
United Kingdom
and beyond. The opportunity to
understand the UNHW population and create appropriate strategies based on
this knowledge is invaluable."
For more information and to download a copy of the report, please
visit:
http://www.wealthx.com/articles/2012/united-kingdom-intelligence-
report/
About Wealth-X
Wealth-X provides its members with qualified prospects and intelligence on
ultra high net worth (UHNW) individuals, along with the privately held-
companies they control. We work with 8 of the top 10 global private banks,
leading educational institutions, not-for-profits and luxury brands. Our firm's
online business development solution profiles individuals who represent US
$10.7 trillion
of the world's net wealth. The Wealth-X database additionally
offers exclusive details on ultra wealthy individuals, including their wealth,
income, passions, philanthropic interests, affiliations, politics, advisors, families
and biographies. Wealth-X is the global leader on UHNW individuals and the
worldwide standard for professionals working with the ultra affluent.
Headquartered in
Singapore
, the company has offices in
Beirut
,
Budapest
,
Guangzhou
,
Hong Kong
,
Kuala Lumpur
,
London
, Lugano,
Madrid
,
Mumbai
,
New
York
,
Sydney
.