Vietnam is a booming markets for centi-millionaires: Henley & Partners
(VOVWORLD) -The fastest growing market for centi-millionaires (with a wealth of over 100 million USD) over the next decade is forecast to be Vietnam, according to a report released on October 18 by London-based investment consulting firm Henley & Partners.
It predicts an astonishing 95% growth rate of centi-millionaires for Vietnam, an emerging Asian manufacturing hub, with strong growth expected in the real estate, technology, and financial services sectors.
According to the Centi-Millionaire report, the USA is home to an astonishing 38% (9,730) of global centi-millionaires, despite constituting only 4% of the world’s total human population.
The big emerging markets of China and India follow in 2nd and 3rd place, with populations of 2,021 and 1,132 centi-millionaires, respectively.
They rank significantly higher than the main European markets by this measure, with the UK in 4th place (with 968 centi-millionaires) followed very closely by Germany in 5th place (with 966).