Knight Frank Residential, the world’s premier and largest real estate consultant firm , in connection with its exclusive real estate partner Douglas Elliman Real Estate, has released the 2020 Wealth Report.
Top takeaways from the report include:
- There were 31,000 Ultra-High-Net-Worth Individuals (US $30M+) created around the world in 2010, a 6% increase YOY
- The global UHNWI population is forecast to rise 27% over the next five years to nearly 650,000
- 21% of UHNWIs are planning to purchase a home in 2020