10 Stats About How People With Over $100 Million Invest

By admin on August 12, 2012

Banking, Wealthy, Privilege Banking, Shanghai, China, Asia, Yepoka Yeebo

High net-worth.individuals (HNWI) aren’t like most people. In fact, they’re not like most rich people.

The HNWI is defined as someone with over $ 100,000,000.00 in net assets. They have different needs and wants. They invest differently. And they see the world differently.

Here are some stats about the world’s HNWI from The Wealth Report 2012, published by Knight Frank and Citi Private Bank (via Frank Holmes).

16% already own a ski chalet, 12% are interested in owning one
40% already own beachfront property, 23% are interested in owning some
37% invest in wine, 22% are interested,
59% invest in fine art/collectables, 28% are interested
52% invest in jewellery, 25% are interested
20% invest in sports teams, 16% are interested
The US and UK are the most popular locations for a second home. Singapore is the fifth most popular. Asians favor the UK.
London and New York are the most important cities to the HNWI
27% believe “availability of luxury housing” is an attribute for a city to be “considered globally important
11% of wealth has been donated, 21% of US HNWI wealth

Here are some more findings from the survey:

32% feel optimistic about their future wealth prospects, 23% feel pessimistic
91% think global economic factors are the biggest threat to future wealth creation, 6% think terrorism
The average portfolio consists of real estate (23%), equities (21%), bonds (21%), cash (15%), gold (3%), currencies (3%), commodities (2%), other (12%).

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