Number of super rich Malaysians slides


KUALA LUMPUR: The number Malaysia’s ultra-high net-worth individuals (UHNWIs) slid by 15% in 2015 compared with a global dip of 3% (about 6,000 people) since the 2008 global financial crisis, according to Knight Frank 10th edition of The Wealth Report 2016.

This is the largest drop on a percentage basis in a survey of 91 countries, which saw the number of super rich rise in 34 countries. The ultra-rich are defined as those with minimum US$30mil in investable assets.

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