A Statistical Profile of the Ultra-Wealthy

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According to the latest report from Wealth-X, a company that claims to be the global leader in wealth information, the wealthiest one-tenth of one percent of people in the world now control $32 trillion of all the money invested in public and private markets.

I'll drill down into who these people are, where they live, where they went to school and other characteristics. My purpose is to illustrate who makes up the elite of the global elite.

I make no value judgments about the issues of wealth inequality. I leave that up to you.

Unpacking the data from Wealth-X

Where they live

North America is home to the largest cohort of ultra-rich investors. But Asia, especially China, is getting ready to overtake it as the center of invested wealth in the world.

The tiers of wealth

Membership in the UHNW club is exclusive. Just to make it to the bottom rung of the ladder, you need a minimum of $30 million of invested wealth. That is “chump change” to the rest of the higher-ups.