Proving that Asia isn’t after all immune to the ensuing global economic turmoil, a new report by Wealth-X finds Asia’s ultra-high net-worth (UHNW) wealth and population have decreased by 6.8% and 2.1%, respectively. Asia’s UHNW population in 2012 was 42,895 while total wealth was US$6.25 trillion. Hong Kong’s UHNW population fell 2% to 3,135 while total wealth dropped 11% to…
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