How much wealth gets you into the global top 1%?
Using the Knight Frank Wealth Sizing Model, we reveal how deep your pockets need to be to join the wealthiest 1% in selected countries and territories.
1 minute to read
Last updated: 16/05/2023
“The 1%” rose to totemic status during the global financial crisis – however the wealth needed to join their ranks varies sharply from country to country.
While “the 1%” might be thought of as the epitome of excess, the price of access to the club falls well short of our definition of a ultra-high-net-worth-individual (UHNWI) – somebody whose net wealth exceeds US$30 million.
The top five
Even in Monaco, which has the world’s densest population of super-rich individuals, the entry point for the principality’s 1% is US$12.4 million.
The level is still almost double that of second place Switzerland at US$6.6 million.
Australasia rounds off the top three with US$5.5 million with New Zealand and the US sitting in fourth and fifth place with US$5.2 million and US$5.1 million respectively required.
Asia top 1% of wealth
For Asia, Singapore has the highest threshold with US$3.5 million required to be in the top 1% ahead of Hong Kong’s US$3.4 million.
Middle East top 1% of wealth
For the UAE, Middle East’s highest entry, the level required is US$1.6 million.
Latin America top 1% of wealth
Brazil is top of our Latin American markets with a US$430,000 threshold.
At a glance
How much more wealth do you need to compete with the 0.1% of the world's richest? We investigate how deep do your pockets really need to be to get you into the very top wealth bracket in selected countries.
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