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Global UHNWI population falls 5.4pc in 2022: report

HNWIs are constantly looking for more time efficient ways to travel, with private flights quickly becoming the preferred option, with further increases in adoption expected by 2032. Image credit: JetSmarter According to data intelligence firm Altrata, the worldwide count of those worth $30 million or more fell by 5.4 percent last year. Image credit: JetSmarter

 

The global population of ultra-high-net-worth individuals (UHNWIs) has shrunk, marking the first annual decline in four years and the most substantial contraction since 2015.