Saudi Arabia was ranked 19th in Wealth-X report for 2016 on the world’s ultra-high net worth (UHNW) population, or those with $30m or more in net worth.
The Kingdom topped the list of Arab countries with UHNW, with 2,640 extremely wealthy Saudis who have the total fortune of $427 billion as of 2016, the report said.
UAE was ranked 28th world-wide and the second Arab country with 1,120 wealthy people who own a combined wealth of $272 billion.
Globally, the United States was ranked first with 73,100 extremely wealthy Americans with the total fortune of $8.7 trillion, representing third of the total world’s wealth.
Last year the number of wealthy people rose 3.5 percent to 226,450 individuals while their total wealth rose 1.5 percent to $27 trillion.
The following table shows the top 30 countries on the world’s Wealth-X report:
|
World’s Wealth-X |
|||
|
Rank |
Country |
UHNW |
Total Fortunes (bln) |
|
1 |
USA |
73110 |
8719 |
|
2 |
Japan |
16740 |
1546 |
|
3 |
China |
16040 |
1950 |
|
4 |
Germany |
13420 |
1570 |
|
5 |
UK |
8860 |
994 |
|
6 |
France |
8630 |
924 |
|
7 |
Canada |
8590 |
914 |
|
8 |
Hong Kong |
7650 |
986 |
|
9 |
Switzerland |
5940 |
788 |
|
10 |
Italy |
5530 |
624 |
|
11 |
India |
4510 |
604 |
|
12 |
South Korea |
4230 |
409 |
|
13 |
Russia |
3780 |
666 |
|
14 |
Brazil |
3570 |
451 |
|
15 |
Spain |
3190 |
395 |
|
16 |
Taiwan |
3000 |
322 |
|
17 |
Netherland |
2860 |
345 |
|
18 |
Sweden |
2660 |
315 |
|
19 |
Saudi Arabia |
2640 |
427 |
|
20 |
Australia |
2470 |
240 |
|
21 |
Singapore |
2170 |
273 |
|
22 |
Indonesia |
1950 |
230 |
|
23 |
Denmark |
1440 |
149 |
|
24 |
Ireland |
1330 |
133 |
|
25 |
Belgium |
1320 |
122 |
|
26 |
Thailand |
1250 |
174 |
|
27 |
Turkey |
1190 |
150 |
|
28 |
UAE |
1120 |
272 |
|
29 |
Mexico |
1050 |
205 |
|
30 |
Iran |
950 |
190 |
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