UHNWIs Accounted for 0.9% of the Total Australian HNWI Population in 2013

Date: 2015-08-30

“• There were 2,740 UHNWIs in Australia in 2013, with an average per capita wealth of US$120.1 million, making them a prime target group for wealth sector professionals. Of this total, there were 26 billionaires, 585 centimillionaires and 2,129 affluent millionaires.

• UHNWIs accounted for 0.9% of the total Australian HNWI population in 2013; above the global average of 0.7%. The number of Australian UHNWIs increased by 90.8% during the review period, from 1,436 in 2009 to 2,740 in 2013. 

• There was a wide range of performance between the different UHNWI wealth bands: while the number of billionaires increased by 100.0%, the number of centimillionaires and affluent millionaires increased by just 90.6% and 90.6% respectively. 

• The number of UHNWIs is predicted to increase by 12.8%, to reach 3,167 in 2018. This will include 30 billionaires, 681 centimillionaires and 2,456 affluent millionaires.

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