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Vietnam Economy Lifestyle Society

Number of Ultra-Rich Grows in Vietnam

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The number of ultra-high-net-worth individuals (UHNWIs) in Vietnam with net assets of 30 million USD or more increased by 2.4% to 752 in 2023, according to Knight Frank’s Wealth Report 2024.

The report also predicts the UHNWIs population in Vietnam will grow to 978 in 2028, meaning an increase of around 30% in five years.

The number of UHNWIs globally rose 4.2% to 626,619 from 601,300 a year earlier, with nearly 70 very wealthy investors minted every day.

Growth was led by North America (up 7.2%) and the Middle East (6.2%), with only Latin America seeing its number of wealthy individuals fall.

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