Comment: Global Wealth Migration Patterns

We recently carried a series of pieces summarizing global wealth and global migration of the wealthy (click on the links for the original graphics/articles):



The Top-Heavy Wealth Spectrum

: Slightly less than 1% of the world’s adult population occupies the $1M+ wealth range. Despite their small numbers, this elite group collectively controls 46% of the world’s wealth, valued at approximately $129 trillion. 70% of ultra high net worth individuals (UHNWIs) – persons with investable assets of $30 million or more – reside in just ten cities around the world.



Cities with Ultra Rich Residents

: As of 2018, there is a grand total of 198,342 ultra high net worth individuals (UHNWIs) globally with assets over US$30 million.The article lists the current top cities with maximum number of UHNWIs, and also the top ten cities with fastest growth in the number of UHNWIs--all of the latter cities are in Asia.



Flight of Millionaires

: This article talks about the movement of millionaires--listing the top ten countries from which millionaires are fleeing, and top ten destination countries for millionaires.



All Countries Are Not Equal

: This is our takeaway from all the above--that the fundamentals to look for when choosing a country for an investment raise are the following: Population, GDP, GDP per Capita, Number of HNWIs in the country and Number of HNWIs leaving the country per year.

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Headline: The Trump Administration Just Furloughed 13,400 Immigration Workers Click here
Headline: ICE removes convicted alien smuggler wanted for homicide in Mexico Click here
Headline: Fact-check: How high is public support for ‘Dreamers’? Click here
Headline: View: Trump's H-1B visa suspension may have more to it than meets the eye Click here
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