{"id":74306,"date":"2014-12-07T00:05:38","date_gmt":"2014-12-06T22:05:38","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=74306"},"modified":"2014-12-05T16:41:29","modified_gmt":"2014-12-05T14:41:29","slug":"how-much-the-worlds-super-wealthy-are-worth","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/74306\/how-much-the-worlds-super-wealthy-are-worth\/","title":{"rendered":"How much the world’s super wealthy are worth"},"content":{"rendered":"

Less than half a percent of the world’s adult population – some 16.6 million individuals – have over 33% of the world’s total wealth, totalling US$77 trillion.<\/p>\n

This is one of the findings of the annual Ultra Wealth Report, compiled by Wealth-X and UBS World.<\/p>\n

As of 2014, Wealth-X tracked over 211,275 Ultra High Net Worth Individuals (UHNWIs) worth US$29.7 trillion – up from 199,235 individuals in 2013, worth US$27.77 trillion.<\/p>\n

UHNWIs are defined as people with a net worth over US$30 million, and in 2014 represented a miniscule 0.004% of the total global adult population of 4.9 billion people.<\/p>\n

Dollar millionaires and billionaires make up a total 0.33% of the world’s population, with the US$1 million – US$4.9 million bracket representing the greatest portion, with 14.9 million people.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n
Wealth tier
\n<\/strong><\/td>\n		Share of population
\n<\/strong><\/td>\n		Adult population
\n<\/strong><\/td>\n		Share of wealth
\n<\/strong><\/td>\n		Wealth (US$ trillion)
\n<\/strong><\/td>\n		Average wealth per person
\n<\/strong><\/td>\n<\/tr>\n
US$30 million+<\/td>\n0.004%<\/td>\n211,275<\/td>\n12.8%<\/td>\n29.7<\/td>\n$140 million<\/td>\n<\/tr>\n
US$10 million – US$29 million<\/td>\n0.01%<\/td>\n682,775<\/td>\n6.4%<\/td>\n14.9<\/td>\n$21.8 million<\/td>\n<\/tr>\n
US$5 million – US$9.9 million<\/td>\n0.02%<\/td>\n835,950<\/td>\n2.7%<\/td>\n6.2<\/td>\n$7.4 million<\/td>\n<\/tr>\n
US$1 million – US$4.9 million<\/td>\n0.3%<\/td>\n14,930,000<\/td>\n11.3%<\/td>\n26.2<\/td>\n$1.75 million<\/td>\n<\/tr>\n
US$100,000 – US$999,000<\/td>\n7.5%<\/td>\n336,340,000<\/td>\n45.3%<\/td>\n105.4<\/td>\n$313,373<\/td>\n<\/tr>\n
US$10,000 – US$99,000<\/td>\n25.8%<\/td>\n1,265,000,000<\/td>\n15.6%<\/td>\n36.3<\/td>\n$28,695<\/td>\n<\/tr>\n
Under US$10,000<\/td>\n66.3%<\/td>\n3,248,000,000<\/td>\n5.9%<\/td>\n13.8<\/td>\n$4,248<\/td>\n<\/tr>\n
Total<\/strong><\/td>\n100.0%<\/strong><\/td>\n4,896,000,000<\/strong><\/td>\n100.0%<\/strong><\/td>\n232.5<\/strong><\/td>\n$47,487<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

The largest portion of the adult world earn under $10,000, Wealth-X found, with 3.25 billion people falling into that range, worth only US$13.8 trillion.<\/p>\n

To highlight the disparity, the average UHNWI is worth US$140.6 million in the smallest bracket, with the average person in the largest bracket worth only US$4,248.<\/p>\n

The global average is US$47,487 according to Wealth-X’s data.<\/p>\n

UHNWI breakdown 2014<\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Wealth tier
\n<\/strong><\/td>\n		UHNW population
\n<\/strong><\/td>\n		UHNW wealth (US$ billion)
\n<\/strong><\/td>\n		Population change<\/strong><\/td>\nWealth change
\n<\/strong><\/td>\n<\/tr>\n
US$1 billion+<\/td>\n2,325<\/td>\n7,291<\/td>\n7.1%<\/td>\n11.9%<\/td>\n<\/tr>\n
US$750 million – US$999 million<\/td>\n1,295<\/td>\n1,075<\/td>\n19.9%<\/td>\n15.7%<\/td>\n<\/tr>\n
US$500 million – US$749 million<\/td>\n3,590<\/td>\n2,464<\/td>\n14.9%<\/td>\n12.6%<\/td>\n<\/tr>\n
US$250 million – US$499 million<\/td>\n9,335<\/td>\n3,530<\/td>\n7.4%<\/td>\n3.2%<\/td>\n<\/tr>\n
US$200 million – US$249 million<\/td>\n14,580<\/td>\n3,170<\/td>\n6.3%<\/td>\n4.9%<\/td>\n<\/tr>\n
US$100 million – US$199 million<\/td>\n25,400<\/td>\n3,660<\/td>\n6.6%<\/td>\n5.5%<\/td>\n<\/tr>\n
US$50 million – US$99 million<\/td>\n63,120<\/td>\n4,775<\/td>\n3.9%<\/td>\n1.2%<\/td>\n<\/tr>\n
US$30 million – US$49 million<\/td>\n91,630<\/td>\n3,760<\/td>\n6.7%<\/td>\n7.3%<\/td>\n<\/tr>\n
Total<\/strong><\/td>\n211,275<\/strong><\/td>\n29,725<\/strong><\/td>\n6.0%<\/strong><\/td>\n7.0%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

More on the super wealthy<\/h3>\n

SA dollar millionaires vs Africa<\/a><\/strong><\/p>\n

Top cities for South Africa\u2019s dollar millionaires<\/a><\/strong><\/p>\n

Where South Africa\u2019s multi-millionaires live<\/a><\/strong><\/p>\n

South African dollar millionaires hits 49,000<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Less than half a percent of the world’s adult population – some 16.6 million individuals – have over 33% of the world’s total wealth, totalling US$77 trillion.<\/p>\n","protected":false},"author":10,"featured_media":74326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,6441,7036],"class_list":["post-74306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline","tag-millionaires","tag-wealth-x"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/74306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=74306"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/74306\/revisions"}],"predecessor-version":[{"id":74322,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/74306\/revisions\/74322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/74326"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=74306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=74306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=74306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}