How many multi millionaires are there in Hong Kong?

Countries by number and percentage of millionaires

Country or subnational area	Number of millionaires (USD)	Share of global millionaires (USD) (%)
Hong Kong *	520,000	0.9
Belgium *	514,859	0.9
Austria *	346,172	0.6
Denmark *	306,823	0.5

How many millionaires are in HK?

As many as 515,000 people in Hong Kong were estimated to have HK$10 million (US$1.28 million) each in total assets last year, up from 413,000 in 2019, according to Citibank’s Hong Kong Affluent Study 2020, which was conducted between November last year and January this year.

How many multi millionaires are there?

There are approximately 584,000 US$ multimillionaires who have net assets of $10M+ worldwide in 2017. Roughly 1.5% of US$ millionaires are “ultra-high-net-worth individuals” (ultra-HNWIs), defined those with a net worth or wealth of $30 million or more.

How many multi millionaires are there in the world in 2020?

According to Credit Suisse, the global number of millionaires expanded by 5.2 million to reach 56.1 million in 2020. That’s a 9.8% increase in the number of millionaires since the pandemic began. As a result, an adult now needs more than $1 million to belong to the global top 1%.

Why are Hongkongers so rich?

Being an international finance centre, the city is able to generate more wealth for its residents, said Joseph Tsang, chairman of property agency JLL in Hong Kong. The equities market is apparently one of the main drivers of wealth for the affluent.

How many high net worth individuals are there in Hong Kong?

This statistic illustrates the number of high net worth individuals in Hong Kong in 2020, broken down by wealth range group. That year, there were 147 people in Hong Kong whose wealth exceeded 500 million U.S. dollars.

How much does Hong Kong earn?

Economy of Hong Kong

Statistics
GDP	$368.633 billion (nominal, 2021 est.) $472.395 billion (PPP, 2021)
GDP rank	— (nominal, 2021) — (PPP, 2021)
GDP growth	2.9% (2018) −1.2% (2019) −4.8% (2020e) 3.9% (2021e)
GDP per capita	$49,036 (nominal, 2021 est.) $62,839 (PPP, 2021 est.)

What qualifies as a multi millionaire?

A person who has 2.5 million in a given currency can be called a multimillionaire, and so can somebody who has 10 million. While the first one has ‘2.5 times a million,’ the second one has ’10 times a million,’ which is a sizable difference not well represented by the traditional net-worth categorizations.

How many 30 year old millionaires are there?

Only 7% among those aged 40-49 can boast a fortune of that size. About 6% of US millionaires by age group are under 29, while only 2% are aged 30-39. If you’ve ever wondered how many millionaires under 30 there are in America, it turns out about 8% is the right answer.

Which country has the most millionaires 2021?

According to the Hurun Global Rich List 2021, Greater China housed the most billionaires worldwide in 2021. In detail, Greater China topped the list with a billionaire population of 1,058 people.
The 20 countries with the most billionaires in 2021.

Characteristic	Number of billionaires
–	–

What percentile is 6 million worth?

Other points to note are that the 90th percentile (top decile) for household assets is approximately $1.3 million; the 99th percentile (top percentile) is approximately $6.5 million; and the 99.9 percentile (the top one-tenth of one percent) is $27.8 million.

How many millionaires are in Japan?

Countries by number and percentage of millionaires

Country or subnational area	Number of millionaires (USD)	Share of global millionaires (USD) (%)
United States *	21,951,202	39.1
China *	5,279,467	9.4
Japan *	3,662,407	6.5
Germany *	2,952,710	5.3

Which country has most number of millionaires?

Switzerland was the country with the highest rate of millionaires worldwide in 2020, with almost 15 percent of the adult population owning assets worth more than one million U.S. dollars.

Is Singapore richer than Hong Kong?

Singapore’s millionaire density – or percentage of millionaires in the total population – was 5.5 per cent in 2020, the second-highest in Asia after Hong Kong’s 8.3 per cent, the report said.Total wealth in Singapore grew to US$1.6 trillion last year, up from US$1.5 trillion in 2019.

How many billionaires live in HK?

Hong Kong had 111 billionaire residents, the second-largest such population among urban centres in the world, last year as the city added 15 more individuals with a net worth of at least US$1 billion each, according to the latest report by US-based Wealth-X.

Where does the rich live in Hong Kong?

“The Peak is generally regarded as Hong Kong’s most exclusive residential area, the top of the world literally (or at least the top of Hong Kong Island),” Miller explains. Prices are among the highest in Hong Kong and vary according to the size and type of property.

Who is the richest family in Hong Kong?

Sir Li Ka-shing
List

No.	Name	Source(s) of wealth
1	Sir Li Ka-shing	CK Hutchison Holdings
2	Lee Shau-kee	Henderson Land Development
3	Robin Zeng	CATL
4	Xu Hang	Mindray

Who is the richest in HK?

Founder of Tesla supplier CATL topples Li Ka-shing as Hong Kong’s richest man | South China Morning Post.

How rich is Li Ka-Shing?

As of June 2019, Li is the 30th richest person in the world, with an estimated net wealth of US$29.4 billion.
Li Ka-shing.

The Honourable Sir Ka-shing Li GBM KBE JP
Born	13 June 1928 Chao’an, Chaozhou, Guangdong, China
Nationality	Canada
Education	High school dropout

Who owns Hong Kong?

The People’s Republic of China
Hong Kong exists as a Special Administrative Region controlled by The People’s Republic of China and enjoys its own limited autonomy as defined by the Basic Law. The principle of “one country, two systems” allows for the coexistence of socialism and capitalism under “one country,” which is mainland China.

What is Hong Kong’s biggest export?

Hong Kong’s Top Exports

• Gold – $12.1 billion.
• Diamonds – $6.83 billion.
• Scrap copper – $1.4 billion.
• Silver – $1.37 billion.
• Precious stones – $1.2 billion.