There Were 625 UHNWIs in the UAE in 2013

Date: 2015-08-30

“• There were 625 UHNWIs in the UAE in 2013. These had an average wealth of US$160.7 million, making them a prime target group for wealth sector professionals. Of this total, there were 15 billionaires, 84 centimillionaires and 526 affluent millionaires.

• UHNWIs accounted for 1.3% of the total the UAE HNWI population in 2013; far higher than the global average of 0.7%. The number of UHNWIs in the UAE increased by 32.4% during the review period, rising from 472 in 2009 to 625 in 2013. 

• While the number of billionaires increased by 66.7%, the number of centimillionaires and affluent millionaires increased by 29.2% and 32.2% respectively. 

• WealthInsight expects the number of UHNWIs to increase by 12.0%, to reach 737 in 2018. This will include 19 billionaires, 99 centimillionaires and 619 affluent millionaires.

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