Hong Kong’s rich set for wealth transfer
A quarter of Hong Kong's ultra-high-net-worth population is over 70, pointing to a major transfer of wealth in the next 15-20 years, according to Wealth-X's profile of the city's super-rich.
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Ever wondered what your average high roller in Hong Kong is worth or what their background is likely to be? New data from Singapore-based research firm Wealth-X has shed some light.
The average ultra-high-net-worth individual in Hong Kong is 57 and has $150 million in net worth, with $34 million in liquid assets, according to Wealth-X, which puts the total UHNW net worth in the city at around $480 billion.
A quarter of these ultra-wealthy are over 70, with an average net worth o…
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