GCC UHNWIs population expected to boom by 2024

(Dubai)

In an article published by Banker Middle East, Knight Frank, a leading global property advisory firm has said that according to its projections, the number of UHNWIs in the GCC is expected to grow by 26% to reach a total of 9,100 by 2024, given the expansion of wealth and strong growth in many asset classes witnessed in 2019.

The article went on to note that the number of ultra-wealthy people is predicted to grow by 27 per cent in the next five years to 2024, taking the global population of UHNWIs to just under 650.000.

Read the original article on Banker Middle East: GCC UHNWIs population to grow by 26 per cent by 2024