Arab country at the forefront of settling super rich people with $ 825 billion



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Recent data showed that the UAE ranked first among countries in the Middle East and North Africa in terms of super-rich people residing on their soil until the end of last June.

The number of very wealthy people in the UAE has reached 82,763, worth $ 825 billion.

The owner of super wealth is someone who owns liquid financial assets other than his house in which he lives that is worth more than a million dollars, according to data from the research firm “New World Wealth”. heritage, according to the Emirati newspaper, Al Bayan.

There are 214 millionaires living in the UAE, each with assets of $ 100 million or more, 3,410 millionaires with assets over $ 10 million, and 79,100 millionaires with assets of over $ 1 million.

Israel comes second, with $ 744 billion in assets, followed by Saudi Arabia with $ 482 billion in assets.

The city of Dubai for cities in the region surpassed the value of wealth, with assets held by residents of the super-rich, at the end of last June, $ 491 billion.

The wealthy people of Dubai are divided between 2,310 millionaires with total assets exceeding $ 10 million each and 49,400 millionaires with assets exceeding $ 1 million each.

In a previous report, the UAE was ranked first in the Arab world and second in the world for attracting the ultra-rich in 2019, and last year it hosted 1,300 people of super-wealth, with growth of 2%.

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