UAE – Mubasher: The UAE topped the countries in MENA for housing the highest number of ultra-high-net-worth individuals by the end of June, according to New World Wealth, a company providing information on the global wealth sector.
The number of ultra-high-net-worth individuals in the UAE reached 82,763 with a net worth of $825 billion.
The UAE has 214 millionaires with at least $100 million in total assets and 3,410 millionaires with assets of a total value exceeding $10 million.
Dubai came on top of the cities in the region with ultra-high-net-worth individuals holding $491 billion in assets.
It is noteworthy to mention that in 2019, the UAE ranked first at the Arab level and second globally in attracting the ultra-rich by welcoming 1,300 ultra-rich.
