“Henley & Partners”, which tracks wealth trends and investment migration around the world, expected the UAE to attract 4,500 new millionaires this year. The UAE ranked second after Australia, which is expected to attract the largest number of high-net-worth individuals globally at 5,200, according to Henley in the report, which focuses on the wealthy with net worths of $1 million or more. Singapore came in third; It is expected to attract 3,200 millionaires this year, followed by the United States in fourth place with 2,100 millionaires, while Switzerland is expected to attract up to 1,800 millionaires, which puts it in fifth place in the world.
Source (Alkhaleej Emirati Newspaper, Edited)