Prime numbers

3.7 5 250trn 15% 28%

Expanding Portfolios

The average number of homes owned by UHNWIs globally in 2022, up from 2.9 the previous year. Middle Eastern and Asian UHNWIs own the most properties averaging 5.3 and 3.9 respectively.

Go West

In 2023, the top five overseas markets UHNWIs are most likely to invest in include the US, UK, Australia, Spain and France. The wealthy are targeting markets offering lifestyle benefits along with currency diversification, stable political governance and high levels of transparency.

NO. 1 ASSET CLASS

The estimated total value of homes worldwide in US dollars, the world’s biggest and most influential asset class, accounting for half of all wealth. By way of comparison, stock markets are worth a mere US$90 trillion.

Buyer Appetite

The percentage of UHNWIs who plan to buy a home in 2023, down from the 17% who purchased in 2022. Among UHNWIs in the Middle East, though, the figure rises well above the global average to 21%.

Overseas Assets

The share of residential property owned by UHNWIs outside their country of residence – but there are big regional variations. For Australasians the figure is 12%, jumping to 35% for those based in the Americas and 42% among Middle Eastern UHNWIs.