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China saw number of ultra-wealthy individuals rise the fastest globally in 2020, Knight Frank study finds

Summary:
[unable to retrieve full-text content]The world’s super-rich have weathered the Covid-19 pandemic, their numbers increasing last year, particularly in China which saw the fastest gain, according to the latest Wealth Report by property consultancy Knight Frank.The elite club of people whose net worth exceeds US million excluding their primary residence swelled by 16 per cent in China in 2020. Sweden, in second place, saw the number of ultra-wealthy residents grow by 11 per cent, just ahead of Singapore on 10 per cent, said the…

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[unable to retrieve full-text content]
The world’s super-rich have weathered the Covid-19 pandemic, their numbers increasing last year, particularly in China which saw the fastest gain, according to the latest Wealth Report by property consultancy Knight Frank.The elite club of people whose net worth exceeds US$30 million excluding their primary residence swelled by 16 per cent in China in 2020. Sweden, in second place, saw the number of ultra-wealthy residents grow by 11 per cent, just ahead of Singapore on 10 per cent, said the…

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