Middle East UHNW wealth grows to $1.55 trillion in 2019

October 16, 2020

Albawaba has published an article referencing a recent Wealth-X World Ultra Wealth Report, highlighting that the number of Middle Eastern HNW investors grew 0.7% to 9,780 in 2019, with the total wealth of this population increasing by 1.9% to $1.55 trillion.  The article went on to state that the decline in wealth seen in early 2020 due to the Covid-19 pandemic has rebounded significantly, and at the end of Q3’20, had recovered to end-2019 levels.

Read the original article on Albawaba: Report: Number of Middle East’s “Ultra Rich” Soar to 9,780 In 2019