Data issued by "New World Wealth", a company specialized in wealth research, showed that the United Arab Emirates exports to the countries of the Middle East and North Africa, in terms of super high net worth individuals residing on its soil until the end of last June, Saudi Arabia ranked second in the Gulf with assets valued at $ 482 billion.
The number of super-wealthy people in the UAE reached 82,763, with a value of $ 825 billion. Noting that the owner of super wealth is someone who owns liquid financial assets other than his house in which he lives, whose value exceeds one million dollars.
There are 214 millionaires living in the UAE, each with assets of $ 100 million or more, 3410 millionaires, with assets exceeding $ 10 million, and 79,100 millionaires with assets exceeding one million. Dubai topped the region’s cities, with assets owned by residents of super-wealthy, as of the end of June, $ 491 billion. The super high net worth individuals in Dubai are distributed among 2,310 millionaires with total assets exceeding $ 10 million each, and 49,400 millionaires with assets exceeding one million each.
Source (Al-Rai Kuwaiti newspaper, Edited)
