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Very-high-net-worth population grew 10pc last year

Top 10 very high net worth countries. Image courtesy of Wealth-X Top 10 very-high-net-worth countries. Image courtesy of Wealth-X

 

The population of very-high-net-worth (VHNW) individuals – those with a net worth of $5 million to $30 million – rose 10 percent in 2019 to 2.7 million to a combined net worth of $26.6 trillion, suggesting that affluent consumers are gaining income at a faster rate than in previous years.