Asia to continue minting ultra-rich at fastest pace over next 10 years: Knight Frank

Singapore

THE pace at which individuals become ultra-rich in Asia is expected to surpass that of all other regions in the next 10 years, putting Asia within nipping distance of the US as a key hub for the super wealthy.

There has been a 121 per cent jump in the number of Asian ultra-high net worth individuals (UHNWIs) in the past decade, with this list now having 46,080 names.

It is projected that Asia will see another ri…