There are around 200 thousand of Ultra High Net Worth Individuals (UHNWIs) in the world, i.e. 1 per 35 thousand people. As it turned out, they prefer to keep 20% of their assets in real estate. European billionaires trust real estate market a bit more, and invest in properties about 31% of their capitals, according to ee24.com citing opp-connect.com.
Savills and Wealth-X have estimated the total value of real estate in the whole world, which amounted to €133 trillion. UHNWIs, which are only 0.003% of people in the world, own real estate that costs 3% of the overall value.
According to forecasts, in 4 years the number of ultra rich people will increase by 22%, i.e. to 244 thousand people. Their capitals will grow from €20.5 trillion to €26.6 trillion.