LONDON, March 19, 2013 /PRNewswire/ -- Wealth-X, the ultra high net worth (UHNW) business development solution for Global Private Banks, Luxury Brands, Educational Institutions and Non-Profits, is proud to be featured in The Wealth Report 2013, produced by Knight Frank, the world's leading independent property consultant.
The 5% rise in ultra high net worth populations in 2012 despite the pervasive economic gloom was one of many data points that enriched The Wealth Report.
Report editor Andrew Shirley said, "Wealth-X data forecasting 50% growth in HNWI numbers over the decade is particularly relevant to wealth professionals, especially as the figure will be much higher in markets such as Asia, Latin America and Africa."
Commenting on working with Wealth-X on the report, Knight Frank's Global Head of Residential Research, Liam Bailey, said, "Every year we try to make the report more comprehensive and this year, we have 10-year wealth forecasts for over 80 countries and cities, provided by Wealth-X research.""Despite the difficulties some developed economies are facing, our wealth data shows there are still opportunities for professionals and institutions who wish to engage with the ultra wealthy in many markets around the world, particularly if they are able to adopt a more global and long term outlook," noted Mykolas Rambus, CEO of Wealth-X. Mr. Rambus added, "Wealth-X is proud to be the provider of UHNW intelligence and analysis for The Knight Frank Wealth Report 2013, we certainly look forward to providing more insight in the years to come." To download the full report, please visit: www.knightfrank.com/wealthreport About Wealth-X Wealth-X provides detailed intelligence on ultra high net worth (UHNW) individuals globally. The firm's Wealth-X Professional solution is the standard for banking, marketing and not-for-profit professionals working with the ultra affluent. Wealth-X is headquartered in Singapore with offices in all major financial centres. For more information about Wealth-X, please visit: www.wealthx.com SOURCE Wealth-X