
The super-rich are getting richer, and the global wealth map is being redrawn. Altrataโs new World Ultra Wealth Report 2026 reveals where fortunes are being made, whoโs joining the billionaire class and how wealth creation is changing.
Altrata is a data intelligence company focused on โwealthy individuals, executives and their networks.โย
The company claims to have profiles of over 100 million individuals (!), noting the report โleverages Altrataโs unique and proprietary database, the worldโs most extensive collection of curated research and intelligence on the wealthy.โ
Measuring global wealth is not straightforward. Private banks and luxury reports use slightly different methodologies, so their estimates often vary. A striking example is the size of the global UHNW population: Altrata puts it at 556,850, while Knight Frankโs recent Wealth Report estimates 713,626.
Regardless, there are interesting insights within the numbers, and the report is a useful reminder of the makeup and rapid growth in the worldโs wealthy over the last two decades.ย
Figures are all built around high-net-worth-individuals (HNWIs) as those with over $1 million in assets, and ultra-high-net-worth-individuals (UHNWIs) as having $30 million or more.
Letโs dive inโฆย
Populationย
The report shows that in 2025 there were just over 50 million HNWIs worldwide, not excessive when considering the worldโs population is +8 billion.
Of those 50 million, the worldโs UHNWIs make up just 556,850, or 1.1%. This sub-group of the worldโs wealthiest includes the growing number of billionaires out there, and accounts for 32% of larger groups wealth, with $63.8 trillion in assets.
Perhaps most notable though is the rate of growth: UHNWIs have grown at a rate of 255% in last 20 years, and grew 14.4% last year alone.

Regional
Wealth is concentrated in global hubs, but itโs perhaps even more concentrated than youโd think. Three-quarters of the global UHNW population reside in just ten countries, and the United States leads these by some way, home to 37% of the global UHNW population.ย Itโs followed by China and Germany, but with significant differences.ย ย
As expected based on total growth, all ten top UHNW countries reflected growth in the last year, with Hong Hong showing the highest growth. The United Kingdom even reflected 16% growth, despite the headlines on an ongoing wealth exodus.ย
When it comes to the most UHNW-populated cities, New York wins and is also the city home to the most billionaires as well as the most millionaires. Hong Kong and Los Angeles take second and third. Worth noting that billionaire hotspot cities like Beijing or Shanghai donโt feature in top 10.

Projectionsย
Altrata research suggests the global UHNW population is expected to reach 746,570 by 2030, with Asia expected to account for the largest growth. This is driven by India, South Korea and Taiwan as well as Indonesia and Vietnam.ย
The Middle East has the lowest projected growth of all global regions up to 2030, an outlook that is based predominately around security risks.
Cities projected to grow the fastest in terms of UHNW population in this time are quite scattered: Delhi (as a commercial hub), Stockholm (technology) and Wuhan (manufacturing).

Global connectivity
Further proof of how international the worldโs wealthy have become: 17% of the ultra wealthy have an ownership stake in a business entity headquartered outside their primary country of residence.ย
And 19.6% of the global ultra wealthy are foreign born, emphasizing the role of wealth hubs and major countries in attracting migration and driving innovation.ย
It could be said youth is wasted on the youth, but then is wealth wasted on the elderly? The average age of North Americaโs ultra wealthy class is 68. And just 8% of the UHNW population are under 50 years old, with more than half aged 50-70.ย
The worldโs UHNWIs are still heavily male dominated, with women comprising just 12%, but this number is rising across all regions.

Source of wealthย
When it comes to source of wealth, self-made absolutely dominates. North America as a region has largest share of self-made wealthy individuals at 80.4% - but when it comes to an individual country, China leads at 92%. And the US has lowest inherited wealth level at 14% compared to 27% and 28.1% for Europe and Asia respectively.

Interests and hobbiesย
Sport tops the list of interests amongst the worldโs wealthiest across regions. More than just leisure, itโs become an extremely attractive investment class for the worldโs wealthy, as weโve recently covered, as all sports continue to professionalize and expand their reach through broader media rights, alongside the +$120 billion and growing sports betting market.

โ
The worldโs ultra-wealthy remain a tiny and highly concentrated group, but their numbers, fortunes and international reach are expanding rapidly. The names and locations may change, but one trend appears clear: the global wealth club is getting much bigger.
๐ highlights
Where to work
Three family office industry job opportunities posted this weekโฆ
What to read
Incorruptible by Eric Ries is an original look at how companies should be built. He describes how good governance can lead to bad outcomes, how founders do not always shape company culture and how the market is not always right. Itโs not a family office book, but its lessons on ownership, governance and long-term stewardship are directly relevant.

What to listen to
The Billion Dollar PDF - in this episode of Invest Like the Best, host Patrick OโShaughnessy interviews Jeremy Giffon of Octave about private markets, funding, story telling and his conversations with hundreds of founders.
What to watch
A former professional ballet dancer turned institutional investor, Rob Wallace now oversees Stanford Universityโs ~$50 billion endowment. In this Bloomberg Wealth interview, he discusses his unconventional career path, the portfolio overhaul he led at Stanford, his views on AI and private markets, and the challenge of investing with future generations in mind.
And finallyโฆ
In Juneโs Wealthtech Monthly, we asked about tech budgets in family offices, here are the results:

Weโll be back on Monday with the best family office content of the week in the Buzz. Next week weโre taking a look at the Swiss family office scene.
Finally, if you know someone you think would benefit from this newsletter, sent them our way!
Right, thatโs all for this week.
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