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Bangladesh top growing country for the rich: World Ultra Wealth Report 2018

Bangladesh has been ranked the fastest growing country with an increasing number of rich population in the world, according to the World Ultra Wealth Report 2018 by WEALTH-X.

Bangladesh has been ranked the fastest growing country with an increasing number of rich population in the world.

The ultra high net worth (UHNW) population in the country is now 17.3%, according to the World Ultra Wealth Report 2018 by WEALTH-X.

“Vietnam, Bangladesh and the powerhouse of India, are expanding at a faster pace and experiencing rapid urbanization, infrastructure investment and manufacturing growth,” the report released on Wednesday said.

Based in the US, WEALTH-X provides intelligence and market research on Ultra High Net Worth (UHNW) and High Net Worth (HNW) individuals.

The new World Ultra Wealth Report 2018 reveals that the combined net worth of the UHNW population increased by 16.3% to $31.5 trillion last year.

Among the top 10 fastest-growing UHNV countries within the years of 2012-2017, China grabs the second position with 13.4% in the race of the rich followed by Vietnam 12.7%, Kenya 11.7%, India 10.7%, Hong Kong 9.3%, Ireland 9.1%, Israel 8.6%, Pakistan 8.4% and United States 8.1%.

 

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