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Attention, brokers: The world’s ultra-rich population is growing

Attention, brokers: The world’s ultra-rich population is growing

The world’s population of ultra-rich is growing, and their real estate investments are pushing up real estate prices in cities from New York to Guangzhou, China. According to Knight Frank’s 2018 wealth report, there were 2.5 million people with assets of $5 million or more last year — up 9 percent compared to 2016 and up 20 percent compared to five years earlier. As for those with $50 million or more? There were 129,730 in […]


Source: realdeal

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