The world’s high-net-worth (HNW) market today totals approximately 12.4 million individuals, all of whom have investable assets of more than US$1 million. Asia Pacific comprises 4.3 million of those individuals, or more than one-third of the total.
Since 2000, the tremendous wealth developed in the Asia Pacific region via entrepreneurial ventures has launched it into the higher levels of the globe’s fast-growing high-net-worth (HNW) market, with both mature and developing economies contributing to this rising wealth.This article examines the current landscape.
Reprinted with permission of The Asia Insurance Review (AIR) www.asiainsurancereview.com.
