Wealth-X Announces Combined Wealth Of UK UHNW Tops US$ 1.3 Trillion

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Wealth-X Announces Combined Wealth Of UK

UHNW Tops US$ 1.3 Trillion

PR Newswire

SINGAPORE, June 19, 2012

- UK Added An Average of One UHNWI per day

SINGAPORE

,

June 19, 2012

/PRNewswire/ -- Wealth-X, the UHNW client

development solution for bankers, marketers and fundraisers, has released a

report on the ultra high net worth (UHNW) population in the

United Kingdom

.

Wealth-X estimates that there are 10,760 individuals resident in the

United

Kingdom

worth

US$30 million

or more, with at least 310 new individuals joining

the ranks of the ultra wealthy. On average, the

United Kingdom

added an

average of one UHNWI per day since the release of the World Ultra Wealth

Report 2011. The combined wealth of the UHNW segment in the

United

Kingdom

stands at an estimated

US$ 1.3 trillion

.

Mr David Lincoln, Director of Research at Wealth-X, commented on the report.

"The wealth composition of the

United Kingdom

,

London

in particular, is

diverse. This is reflected in our data showing that 31% of the UHNW population

in the

United Kingdom

is considered Non-Dom or non-domiciled, with Non-

Resident Indians (NRIs) and Middle East UHNWIs making up a significant

proportion of these," he said.

Wealth-X CEO, Mr Mykolas D. Rambus said, "We expect our research data to be

of significant interest to the professionals in the banking, luxury and fundraising

communities, both within the

United Kingdom

and beyond. The opportunity to

understand the UNHW population and create appropriate strategies based on

this knowledge is invaluable."

For more information and to download a copy of the report, please

visit:

http://www.wealthx.com/articles/2012/united-kingdom-intelligence-

report/

About Wealth-X

Wealth-X provides its members with qualified prospects and intelligence on

ultra high net worth (UHNW) individuals, along with the privately held-

companies they control. We work with 8 of the top 10 global private banks,

leading educational institutions, not-for-profits and luxury brands. Our firm's

online business development solution profiles individuals who represent US

$10.7 trillion

of the world's net wealth. The Wealth-X database additionally

offers exclusive details on ultra wealthy individuals, including their wealth,

income, passions, philanthropic interests, affiliations, politics, advisors, families

and biographies. Wealth-X is the global leader on UHNW individuals and the

worldwide standard for professionals working with the ultra affluent.

Headquartered in

Singapore

, the company has offices in

Beirut

,

Budapest

,

Guangzhou

,

Hong Kong

,

Kuala Lumpur

,

London

, Lugano,

Madrid

,

Mumbai

,

New

York

,

Sydney

.