Asia-Pac now has world’s largest wealthy population
The region has surpassed North America for the first time, but while the global HNWI population rose last year, total wealth declined.
Asia-Pacific now boasts the largest population of high-net-worth individuals (HNWIs) of any region worldwide at 3.37 million, although North America still has the most wealth overall.
This region saw a 1.6% rise in its HNWI population last year, according to the World Wealth Report 2012, published by consultancy Capgemini and RBC Wealth Management. It comes after Asia-Pacific overtook Europe in the No2 spot by wealthy population in last year’s report.
But while the global HNWI p…
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