Singapore’s UHNWI population rose from 4,642 in 2021 to 7,171 in 2026, up 55%. This group is forecast to reach 10,495 in 2031, according to Knight Frank, or a 46% increase between now and then.
The world added 162,000 ultra-high-net-worth individuals (UHNWI) between 2021 and 2026 — the equivalent of 89 new UHNWIs every single day, according to the 20th edition of Knight Frank’s annual wealth report, released April 23. These well-heeled individuals each have a net worth of US$30 million ($38.19 million) or more.
Of the world’s 3,110 billionaires, Asia Pacific hosts the largest share, at 1,116 billionaires, ahead of North America’s 965. Nearly 31% of that global UHNWI population now sits in this region.
