Altrata-2023年世界超级财富报告（英）-2023-28页-WN9.pdf

Thought leadershipWorld Ultra Wealth Report 2023群内每日免费分享5份+最新资料 群内每日免费分享5份+最新资料 300T网盘资源+4040万份行业报告为您的创业、职场、商业、投资、亲子、网赚、艺术、健身、心理、个人成长 全面赋能！添加微信，备注“入群”立刻免费领取 立刻免费领取 200套知识地图+最新研报收钱文案、增长黑客、产品运营、品牌企划、营销战略、办公软件、会计财务、广告设计、摄影修图、视频剪辑、直播带货、电商运营、投资理财、汽车房产、餐饮烹饪、职场经验、演讲口才、风水命理、心理思维、恋爱情趣、美妆护肤、健身瘦身、格斗搏击、漫画手绘、声乐训练、自媒体打造、效率软件工具、游戏影音扫码先加好友，以备不时之需扫码先加好友，以备不时之需行业报告/思维导图/电子书/资讯情报行业报告/思维导图/电子书/资讯情报致终身学习者社群致终身学习者社群关注公众号获取更多资料关注公众号获取更多资料 Delinian Limited and its affiliated companies.September 2023.This publication is for your information only and is not intended as an offer,or a solicitation of an offer,to buy or sell any product or other specific service.All information and opinions indicated are subject to change without notice.James Lavell Chief Executive Officer Manuel Bianchi Senior Vice President and Global Head of Sales,Wealth SolutionsMichael Phillips Vice President,Marketing and CommunicationsAmanda Cifone Senior Marketing DirectorLead authors Maya Imberg Senior Director,Head of Thought Leadership and AnalyticsMaeen Shaban Director of Research and AnalyticsNikoletta Szabo Associate Analyst,Thought Leadership and AnalyticsDesignStephanie Warburton Director of Visual CommunicationsDawn Lastre Visual Communications SpecialistWorld Ultra Wealth Report 2023ContentsAltrata|World Ultra Wealth Report 202301 Executive summary 102 Introduction 203 The ultra wealthy in 2022 304 Regional,country and city performance 605 The view ahead 1306 UHNW entrepreneurs,executives and inheritors 1507 Connections to the ultra wealthy 2208 Methodology 2309 About Altrata 24Executive summaryIn 2022,the global ultra high net worth(UHNW)population fell by 5.4%to 395,070 individuals.This represents a sharp reversal from 2021 and the first downturn in UHNW numbers since 2018,although it only partially reversed the dynamic gains recorded in 2021.Wealth portfolios were hit by another turbulent year for the world economy.Following historical highs in recent years,combined net worth fell by 5.5%to$45.4trn.01Asias ultra wealthy population fell by 11%in 2022,the most of any region,to 108,370 individuals.Chinas strict Covid lockdown,fallout from the war in Ukraine,disrupted regional supply chains and depressed stocks all played a role.Despite recording a decline of 4%in 2022 to 142,990 individuals,North America the leading UHNW region saw its share of the global UHNW class rise slightly,to 36%,as both Asia and Europe experienced larger relative falls in population.All but one India of the worlds top 10 UHNW countries recorded falls in their ultra wealthy populations.Despite a 4%fall,the US consolidated its status as by far the worlds largest wealth market.Among the worlds premier UHNW cities,Hong Kong and New York retained their lead,with almost twice as many UHNW individuals as third and fourth ranked London and Los Angeles.Any rises in city UHNW numbers were generally modest but the outlier was Singapore,which enjoyed growth of 13%.The share of global private wealth held by the ultra wealthy will continue to increase.Despite recent volatility and continuing uncertainty,we remain cautiously optimistic about the opportunities for wealth generation we forecast the number of UHNW individuals to increase over the next five years from 395,070 to 528,100.Having overtaken Europe in 2019,Asias share of UHNW wealth will continue to grow(to 29%,up from 27%in 2022 and just 15%in 2004),while North America will remain the largest wealth market.UHNW entrepreneurs,corporate executives and sole inheritors are different when it comes to their characteristics,favored interests and approach to wealth.Among these ultra wealthy archetypes,entrepreneurs have the highest level of wealth,with 85%having entirely self-made fortunes.Corporate executives have the lowest proportion of female representation(8%),while sole inheritors have a far greater proportion(at almost 40%)and stand out for their particularly strong interest in philanthropy(it is the most common interest for all three archetypes).Corporate executives and entrepreneurs are almost equally the most frequent UHNW owners of yachts,but the former dominate when it comes to private jets.Executives account for 62 of every 100 UHNW private jet owners but,among valuable art collectors,entrepreneurs account for 42 out of every 100.Luxury car ownership shows a higher diversity of UHNW ownership.Altrata|World Ultra Wealth Report 2023|1 02IntroductionThe latest edition of the World Ultra Wealth Report the second to be published by Altrata and the 11th powered by Wealth-X data provides unique and detailed analysis of the global ultra high net worth(UHNW)population.This exclusive group of wealthy individuals,each with a net worth in excess of$30m,has grown steadily in size and influence over the past decade to now hold immense collective wealth of more than$45trn.In what was another turbulent year for the world economy,we assess the changes and impact felt by the global UHNW class in 2022 as wealth markets responded to a diminishing global pandemic,a new war in Europe,a generational spike in inflation and the most aggressive monetary tightening cycle in decades.We explore the main drivers and regional trends of global wealth,and highlight key developments in our rankings of the leading UHNW countries and cities.The report then moves to examine key facets of the global UHNW population through an analysis of three specific ultra wealthy archetypes:entrepreneurs,executives and inheritors.Together,these mutually exclusive groups encompass more than three-quarters of the ultra wealthy population.We highlight their different characteristics,demographics,luxury asset ownership trends,wealth holdings and personal interests,providing valuable insights for companies and organizations that engage with and target the ultra rich.Using insights from RelSci(another Altrata company),we conclude by detailing the surprisingly high number of professional connections that university deans and vice-deans have to the ultra wealthy,showcasing the power of leveraging ones direct and second-degree links.Wealth-Xs comprehensive database and detailed Wealth and Investable Assets Model provide unrivaled insight into the worlds UHNW population,its characteristics and the constantly changing landscape of wealth creation,making it an essential read for any organization looking to prospect for and engage with individuals in this exclusive demographic.Key definitionsUltra high net worth(UHNW)individualsThose with a net worth of$30m+(also referred to as the“ultra wealthy”).Very high net worth(VHNW)individualsThose with a net worth of$5m to$30m.Altrata|World Ultra Wealth Report 2023|2 End of an era but only a partial reset of UHNW wealthIn 2022,the global UHNW population fell by 5.4%to 395,070 individuals.This was the first annual decline in four years and the largest contraction since 2015,although it only partially reversed the dynamic gains recorded in 2021.Even by recent standards,2022 was a year of extreme volatility,as the fallout from a new war in Europe,soaring commodity prices,a pandemic lockdown in China and heightened geopolitical tensions disrupted wealth markets around the world.A generational surge in inflation triggered aggressive monetary policy tightening for the first time in more than a decade,prompting a major reassessment of capital market risk and returns.Bond markets slumped and most leading stock market indices posted double-digit falls.Whether by chance or design,this turbulent backdrop provided wealth-creation opportunities for some among the ultra wealthy class.The exit of many economies from pandemic restrictions spurred activity in shipping,aerospace,construction and tourism,while the conflict in Ukraine drove net worth gains in the energy and defense industries.For most,however,heightened“risk-off”sentiment and weakened asset markets shifted the focus to wealth preservation,which ultimately proved challenging.Portfolios strongly attached to the technology,“new economy”and healthcare sectors were among the hardest hit,with the total net worth of the UHNW population in 2022 declining by 5.5%to$45.4trn.This was the second-largest annual fall in the past decade,but also reflected only a partial correction from the rapid expansion of ultra wealth a year earlier.The ultra wealthy in 202203Select global indicators for 2022(year-on-year change)Sources:International Monetary Fund,World Economic Outlook,April 2023;Morgan Stanley Capital International(MSCI);PwC Global IPO Watch 2022;West Texas Intermediate Crude Oil.-18%US$termsMSCI world equity index39%Oil price(US$/barrel)-57%TransactionsIPO activity-72%Capital raised7.3%Advanced economiesConsumer price inflation9.8%Emerging and developing economies3.4%Real GDP growthThe global economy at a glanceAltrata|World Ultra Wealth Report 2023|3 EuropeGlobal UHNW wealth in 2022 of the worlds UHNW wealth%North America$16,470bn36.3%Latin America and the Caribbean$1,439bn3.2%Europe$11,730bn25.8%Middle East$2,702bn5.9%Africa$360bn0.8%Asia26.7%$12,130bnPacific$599bn1.3%Note:Data on the total or percentage of the worlds UHNW population and wealth may not add up exactly or total 100%owing to rounding.Source:Wealth-X,an Altrata company 2023$45,430bnTotal wealth -5.5%Change in wealthfrom 2021-4.3%13.0%13.8%-7.1%-10.6%-3.9%-4.2%of the worlds UHNW population%North America142,99036.2%Latin America and the Caribbean11,5602.9%Europe100,85025.5%Middle East21,6405.5%Africa3,0200.8%Asia108,37027.4%Pacific6,6401.7%Global UHNW population in 2022Ultra wealthy across the globe395,070Total UHNW population -5.4%Change in population from 2021-4.0%15.7%17.5%-7.1%-10.9%-4.4%-4.6%Altrata|World Ultra Wealth Report 2023|4 The ultra wealthy in 2022Wealth distribution In 2022,the global population of high net worth(HNW)individuals,each with wealth in excess of$1m,totaled an estimated 34.7 million.The ultra wealthy class is an exclusive segment within this group,representing just 1.1%of the HNW population.Its share of wealth is,however,substantially larger.In 2022,this combined ultra wealth of$45.5trn accounted for 33%of total wealth held by all HNW individuals,highlighting the extent to which millionaire wealth is distributed unevenly among the worlds richest people.Global population and wealth by major wealth tier in 2022Source:Wealth-X,an Altrata company 2023Population$57,308bnWealth tierUHNW($30m+)VHNW($5m-$30m)$1m-$5mWealth$36,200bn$45,430bn30,664,3703,649,680395,070The wealthy by tierWith median wealth at$51m(though average wealth is a much higher$115m),almost 80%of the global ultra wealthy population have a net worth below$100m,highlighting the trend of a large share of a cohorts population falling within the lower wealth tiers.Those individuals with a net worth of$100m-$1bn compose a fifth of the ultra wealthy population;and,right at the top of this group,the billionaire class represents under 1%of the global UHNW population yet it holds 24%of all ultra wealth1.Median wealth of an UHNW individual(global)Source:Wealth-X,an Altrata company 2023$51m1 See Altratas Billionaire Census 2023.Altrata|World Ultra Wealth Report 2023|5 The ultra wealthy in 202204Regional,country and city performanceAsias ultra wealthy population fell by 11%in 2022,the most of any region.North AmericaEquity slump takes toll on UHNW population and wealthThe UHNW population in the worlds leading ultra wealth region declined by 4%in 2022 to 142,990 individuals.This was the first contraction in four years and the biggest annual fall in a decade.The regions share of the global UHNW class nevertheless rose slightly,to 36%,as both Asia and Europe experienced larger relative falls in population.Wealth holdings in North America were hit primarily by a slump in capital markets.The US Federal Reserves most aggressive cycle of policy tightening since the 1980s brought an abrupt end to a decade-long bull market in risk assets.Heightened risk aversion saw returns on US equities fall sharply,with the S&P 500 closing the year down 18%and the tech-heavy NASDAQ Composite index down 32%.Many fixed-income assets entered correction territory,with falls of more than 10%.There were pockets of support from resilient energy stocks,firm consumer spending and the US dollar,which appreciated against most major currencies,but these only partially offset the broad downturn in regional asset markets.The collective wealth of North Americas UHNW population declined over the year by 4.3%to$16.5trn.AsiaLargest falls in UHNW population and wealth of any regionThe second-largest UHNW region lost ground to its peers in 2022,recording double-digit percentage falls in ultra wealthy numbers and cumulative wealth.Asias UHNW population declined by 10.9%to 108,370 individuals,a 27%global share,while total wealth fell by 10.6%,all but eroding the previous years gains.Chinas strict Covid lockdown(lifted in December)and“risk-off”fallout from the war in Ukraine inhibited exports and consumption,disrupted regional supply chains,and depressed stocks,particularly in tech-heavy markets such as South Korea and Taiwan.Wealth portfolios also came under strain as a result of the relative strengthening of the US dollar.This triggered volatility across Asian asset markets and tighter monetary conditions as regional central banks moved to support pressed currencies.Japanese stocks were among the more resilient,as the Bank of Japan held its highly dovish stance,but this weighed heavily on the yen.Tightened state control in the real estate and technology sectors continued to weigh on Chinese assets.Altrata|World Ultra Wealth Report 2023|6 EuropeWealth assets hit hard by inflationary spike and energy shocks from the Russia-Ukraine warThe third-largest ultra wealth region recorded a 7.1%fall in its UHNW population to 100,850 individuals.This was the second-worst regional performance after Asia,with combined net worth declining at a similar rate to$11.7trn.Initial optimism amid the lifting of pandemic lockdowns and a rebound in spending on travel and services was abruptly halted by Russias invasion of Ukraine.Equity losses over the year were generally not as severe as those in the US or Asia,given a smaller weighting of slumping“new economy”stocks in the regions indices:the MSCI Europe Index closed the year down 9%.However,the direct fallout from the conflict was substantial,as Russias weaponizing of energy supplies(on which Europe was heavily reliant)led to the rapid pass-through of inflationary shocks,disruption of supply chains,an economic downturn and heightened risk aversion.Wealth portfolios also came under pressure from a rapid tightening of monetary conditions,a slowdown in real estate markets and currency depreciation against the US dollar.Middle EastUHNW population and net worth bolstered by surge in commodities revenueIn contrast to developments in the three largest UHNW regions,the Middle East registered strong gains in ultra wealthy individuals and total net worth.Its UHNW population increased by 15.7%to 21,640 p