Connect with us

Datastream

The Top 20 Countries for Ultra High Net Worth Individuals

Published

on

Ultra High Net Worth Countries

Can I share this graphic?
Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist.
When do I need a license?
Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options.
Interested in this piece?
Click here to license this visualization.

The Briefing

  • The U.S. and China contain the most ultra high net worth (UHNW) individuals in the world
  • Asia is expected to see the fastest growth in UHNW population over the next five years

The Top 20 Countries for Ultra High Net Worth Individuals

Despite the global hardships of the COVID-19 pandemic, the world’s ultra high net worth (UHNW) population increased by 2.4% in 2020, reaching an all-time high of 521,653.

In this chart, we’ve used data from The Wealth Report 2021 by Knight Frank to list the 20 countries with the most UHNW individuals.

What is Considered Ultra High Net Worth?

To be considered an UHNW individual, one must have a net worth of at least $30 million.

Net worth is a measure of someone’s current financial position, and is calculated as the value of their assets minus their liabilities. The following table lists examples of each:

AssetsLiabilities
  • Primary residence
  • Investment portfolio (stocks, bonds, etc.)
  • Cars, boats, and other physical assets
  • Mortgages
  • Credit card balances
  • Loans

In short, assets are anything that can be sold for money, while liabilities are any debts or financial obligations that one may have.

The Top 20 Countries

Out of the 521,653 UHNW individuals in the world, 414,308 were located in the countries below. This means that almost 80% of the world’s UHNW individuals live in just 20 countries.

RankCountryNumber of Ultra WealthyGrowth Since 2015
#1🇺🇸 U.S.180,06016%
#2🇨🇳 China (Mainland)70,426137%
#3🇩🇪 Germany28,39643%
#4🇬🇧 UK16,370-8%
#5🇫🇷 France15,50322%
#6🇯🇵 Japan14,75536%
#7🇮🇹 Italy10,441-4%
#8🇨🇦 Canada10,02527%
#9🇷🇺 Russia8,01519%
#10🇨🇭 Switzerland7,55312%
#11🇰🇷 South Korea7,35416%
#12🇸🇦 Saudi Arabia7,020227%
#13🇮🇳 India6,88427%
#14🇪🇸 Spain5,9389%
#15🇸🇪 Sweden5,24327%
#16🇧🇷 Brazil5,140-9%
#17🇭🇰 Hong Kong SAR5,04248%
#18🇸🇬 Singapore3,73237%
#19🇲🇽 Mexico3,287-4%
#20🇦🇺 Australia3,12457%

With just over 180,000 UHNW individuals within its borders, the U.S. continues to be the long-standing leader in this metric. Its five-year growth rate of 16%, however, falls far behind the Chinese Mainland’s impressive 137%.

Whether China can overtake the U.S. as the leader in UHNW population remains to be seen, but momentum appears to be in the Asian nation’s favor. Recently, China became the world’s dominant trading partner, and was one of few countries to report positive GDP growth for 2020.

»Like this? Then you might enjoy this article on the world’s richest families.

Where does this data come from?

Source: Knight Frank
Note: Knight Frank’s dataset lists Hong Kong separately from China

Subscribe to Visual Capitalist

Thank you!
Given email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.
Click for Comments

Datastream

Olympics 2021: Comparing Every Sports Ball

Here are the different sizes and weights of each Olympic sports ball used in the Tokyo Olympics.

Published

on

Olympics 2021 Comparing Every Sports Ball Preview

The Briefing

  • Table tennis has the smallest sports ball used in the Tokyo Olympics at just 4cm in diameter and 2.7g in weight.
  • The biggest by size is the basketball at 24.35cm in diameter, but the shot is more than 10 times heavier at 7.26kg.

Olympics 2021: Comparing Every Sports Ball

It might be strange having the Olympics in 2021 (an odd year), but 2020 was anything but normal.

After facing a 12-month delay due to the COVID-19 pandemic, the 2020 Summer Olympics in Tokyo are set to kick off from July 23 to August 8.

In addition to hosting traditional sports like running and aquatics, some sports are being introduced for the first time (karate, skateboarding) or returning after an absence (baseball).

One thing that many Olympic sports share in common? There are 17 different sports that use balls or spheres of some sort, ranging in size and weight. Here are the different balls used in the Tokyo Olympics.

Olympic Sports Balls by Size and Weight

The 2021 Olympics, which are still officially called the 2020 Olympics to keep the four-year cycle and branding consistent, are hosting 339 events across 33 different sports.

17 of those sports use balls or spheres. The official sizes and weights vary from a small diameter of 4cm for table tennis to the largest ball, a basketball with a diameter of 24.35cm.

SportDiameterWeight
Table Tennis4.00cm2.7g
Golf4.27cm45.93g
Tennis6.70cm57.7g
Field Hockey7.48cm163g
Baseball7.50cm149g
Softball9.55cm177g
Shot Put12.00cm7,260g
Handball (Women’s)17.51cm350g
Handball (Men’s)18.78cm450g
Rhythmic Gymnastics19.00cm400g
Volleyball21.01cm270g
Water Polo (Women’s)21.01cm425g
Beach Volleyball21.33cm270g
Soccer21.96cm432.5g
Water Polo (Men’s)22.28cm425g
Basketball (Women’s)23.24cm538g
Basketball (Men’s)24.35cm608g

Even within the same categories of sports, balls have different size and weight rules based on event or gender. Water polo, handball, and basketball all have slight variations of a few centimeters in diameter and up to 100g in weight for different gender events.

But sorting the balls by weight shows that the shot is far and away the heaviest. At 7.26kg, the shot is more than 10 times heavier than a basketball. That’s because while most sporting balls are made of light material filled with air, shots are typically constructed entirely of metal.

Where does this data come from?

Source: Wired, Official Sport Rulebooks.

Continue Reading

Datastream

Top 50 Companies Proportion of World GDP

The world’s top 50 companies are becoming more valuable, especially compared to global GDP.

Published

on

The Briefing

  • The combined market cap of the world’s top 50 companies was proportional to 27.6% of global GDP in 2020, up from just 4.7% of global GDP in 1990
  • Tech’s role continues to grow, now accounting for 21 of the top 50 companies

Top 50 Companies Proportion of World GDP

The world’s top 50 companies have become increasingly more valuable, and more powerful, over time.

As global GDP has grown over the last four decades, from $23.6 trillion in 1990 to $84.5 trillion in 2020, the proportional share of the world’s top companies by market capitalization has grown over five-fold.

YearGlobal GDPTop 50 Companies Market Cap as a % of GDP
1990$23.6T4.7%
2000$34.0T22.1%
2010$66.2T12.7%
2020$84.5T27.6%

Though the world’s top 50 companies change year-to-year, there’s also a lot of overlap.

Which Companies Dominated Each Decade?

2020’s largest company by market cap, Apple at $2.26 trillion, was the third largest company in 2010. Likewise, 2010’s largest company was Exxon Mobil, which was the second largest company in both 1990 and 2000 (but has since fallen off).

The top 50 companies in the world also highlight the increasing role of tech in the modern market. 1990’s largest company IBM was just one of three tech companies that made the ranking that year. Even in 2000, when the world’s largest company was GE, tech companies like Cisco and Microsoft only made up three of the top 10 companies by market cap.

Fast forward to 2020, and tech accounted for 42% of the top 50 companies in the world. It also plays a more prominent role on the high end of the spectrum, as six of 2020’s seven largest companies were tech-based, with only oil giant Saudi Aramco the odd one out.

Though digitization is a primary driver of current economic growth, will these trends remain steady in 10 or more years from now? Or will companies from other booming industries such as green energy take over the leaderboard?

>>Like this? You might find this article interesting, 23 Years of Shifting Tech Market Caps

Where does this data come from?

Source: Bloomberg, IMF.

Continue Reading

Subscribe

Join the 250,000+ subscribers who receive our daily email

Thank you!
Given email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.

Popular