Over the next five years, the number of ultra high net worth individuals (UHNWIs) — those whose wealth exceeds US$50 million — is expected to surge by 47% in the Asia-Pacific region, according to the ‘Global Wealth Report 2018’ published by Credit Suisse. The growth represents an additional 18,600 Asia-Pacific UHNWIs, totalling nearly 58,000 by 2023. According to the report,…
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