{"id":31333,"date":"2012-09-17T06:24:30","date_gmt":"2012-09-17T10:24:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31333"},"modified":"2012-09-17T06:45:01","modified_gmt":"2012-09-17T10:45:01","slug":"ultra-high-net-worth-individuals-wealth-surpass-combined-gdp-of-us-and-china","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2012\/ultra-high-net-worth-individuals-wealth-surpass-combined-gdp-of-us-and-china.html","title":{"rendered":"Ultra High Net Worth Individuals&#8217; Wealth Surpasses Combined GDP of US and China"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/09\/f.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-31337\" title=\"World Ultra Wealth \" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/09\/f-300x228.jpg\" alt=\"\" width=\"300\" height=\"228\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/09\/f-300x228.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/09\/f.jpg 420w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.Net) &#8211; \u00a0Hedge fund research\u00a0resource\u00a0Wealth-X has launched the latest edition of its World Ultra Wealth Report.<\/p>\n<p>Highlights include:<\/p>\n<ul type=\"disc\">\n<li>The world&#8217;s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach $25.8 trillion<\/li>\n<li>The world&#8217;s billionaire population grew by 9.4% to reach 2,160 individuals. Combined wealth attributable to billionaires grew by 14% to reach $6.2 trillion<\/li>\n<li>Asian ultra high net worth individuals\u00a0combined wealth is expected to overtake that of\u00a0the United States\u00a0by 2025, seven years earlier than previously expected<\/li>\n<li>Collectively, wealth attributable to global ultra high net worth individuals (UHNWIs) surpasses the combined GDP of the world&#8217;s two largest economies,\u00a0the United States\u00a0and\u00a0China.<\/li>\n<\/ul>\n<p>Reuters reports that although billionaires got richer, many millionaires lost ground.<\/p>\n<blockquote><p>&#8220;Hardest hit globally were those in the $200 million to $499 million range, whose numbers dropped 9.9 percent and whose fortunes shrank 11.4 percent&#8230;.. the really, really rich got even richer as the number of billionaires rose 9.4 percent to 2,160 people and their wealth grew 14 percent to $6.2 trillion.&#8221;<\/p><\/blockquote>\n<p>&#8220;Billionaires outperformed the markets while the rest of the world&#8217;s UHNWIs struggled to keep pace.&#8221;\u00a0Mykolas D. Rambus, CEO of Wealth-X, said of the report, &#8220;There are clear opportunities for advisers to replicate investment strategies of billionaires for their UHNW clients.&#8221;<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; \u00a0Hedge fund research\u00a0resource\u00a0Wealth-X has launched the latest edition of its World Ultra Wealth Report. Highlights include: The world&#8217;s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16042,3],"tags":[],"class_list":["post-31333","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-performance-2","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=31333"}],"version-history":[{"count":7,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31333\/revisions"}],"predecessor-version":[{"id":31335,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31333\/revisions\/31335"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}