Thailand’s population of high net worth individuals (HNMIs) grew by 9.2 percent last year and now stands at around 80,000 people, according to the Asia-Pacific Wealth Report 2014, by Capgemini and RBC Wealth Management.
The combined wealth of those 80,000 HNMIs was estimated at US$396 billion, according to the report.
Asia-Pacific is the home to most millionaires, the report noted, with the region’s number of individuals with investable assets of at least US$1 million growing by 17 percent to 4.3 million.
China and Japan are home to more than two-thirds of Asia-Pacific’s high-net-worth population.
Some 82 percent of HNWIs in the region are expecting most or all of their wealth management relationship to be conducted on digital channels within five years, the report discovered.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg