There Were 8,366 UHNWIs in China in 2014

Date: 2015-08-27

“• There were 8,366 UHNWIs in China in 2014, with an average per capita wealth of US$180.3 million, making them a prime target group for wealth sector professionals. Of this total, there were 194 billionaires, 2,790 centimillionaires and 5,382 affluent millionaires.

• UHNWIs accounted for 0.6% of the total Chinese HNWI population in 2014, lower than the global average of 0.7%. The number of Chinese UHNWIs increased by 73.1% during the review period, going from 4,832 in 2010 to 8,366 in 2014. 

• There was a wide range of performance between the different UHNWI wealth bands; while the number of billionaires increased by 98.0%, the number of centimillionaires and affluent millionaires increased by 72.8% and 72.6% respectively. 

• WealthInsight expects the number of UHNWIs to increase by 50.6%, to reach 14,031 in 2019. This will include 285 billionaires, 4,585 centimillionaires and 9,161 affluent millionaires.”

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