Indonesia Has the Second Highest Number of Ultra-High-Net-Worth Individuals in ASEAN
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Indonesia has the second-highest number of ultra-high-net-worth individuals (UHNWIs) in Southeast Asia, after Singapore. The 2022 Wealth Report by Knight Frank states that there were 1,403 UHNWIs in Indonesia in 2021.
UHNWIs are individuals with a net worth of at least US$30 million.
Indonesia's number of UHNWIs is second only to Singapore's in Southeast Asia. Singapore has 4,206 UHNWIs, an increase of 8.6% from 2020.
Indonesia's UHNWI population surpasses that of Thailand (1,271), Vietnam (1,234), Malaysia (702), and the Philippines (313).
Globally, the number of UHNWIs increased by 9.3% to 610,569 in 2021, up from 558,828 in 2020.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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