The Wealth Report is Knight Frank’s flagship thought-leadership publication. Now in its 19th edition, the report has become a highly anticipated document that is considered vital reading for UHNWIs across the globe and their advisors. Highlighting the issues that matter to UHNWIs, The Wealth Report is the ultimate guide to prime property markets, global wealth distribution, the threats and opportunities for wealth, commercial property investment opportunities, philanthropy and luxury spending trends.

 

How we chose the 2025 Report’s front cover

This year’s cover underscores the connections between global markets and the ability of investors to engage with opportunities anywhere in the world. By placing the globe inside a landscape, the illustration not only highlights our ability as advisors to bring the world to our clients but also emphasises the increasing importance of environmental considerations as the next generation begins to create and manage wealth portfolios. The illustration conveys the scale of both the uncertainty and the prospects that investors face. As we note in this edition, while volatility in economics and geopolitics appears to rise inexorably, the prospects for growth remain compelling for those brave enough to look beyond the risks.

Contacts

The core editorial team behind The Wealth Report is made up of some of the most experienced members of Knight Frank’s research team who, between them, have spent over 50 years analysing global property markets across wide-ranging geographies and asset classes.

 

For property enquiries
Liam Bailey
Joint Head of Private Office
For research enquiries
Liam Bailey
Partner, Global Head of Research
 
 

Methodologies

Knight Frank Wealth Sizing Model

Taking established wealth estimation models (Davies et al. (2017) as our starting point, we have estimated levels of net wealth on a location-by-location basis using balance sheet data, where available, on households’ financial and non-financial wealth. Where data was not available, estimates were generated using econometric techniques. Utilising estimated Gini coefficients, we then drew the wealth distribution curve for each location, calibrating this with our own data as well as other industry standard sources.

This allows us to estimate the number of individuals in each location in the following wealth bands:

• HNWIs – those with net wealth of US$1 million or more

• UHNWIs – those with net wealth of US$30 million or more, and

• Billionaires – those with net wealth of US$1 billion or more.

Press enquiries

Global
Emma Cotton
Emma Cotton
Head of Global Wealth PR
Contact
Middle East
Rebecca McLean
Acting Head of Marketing & Communications
Contact
APAC
Satya Rakappan
Residential Marketing Lead, Asia Pacific
Contact
The Knight Frank Private Office
Our Private Office advises high-net-worth clients, family offices and their advisors on residential and commercial property around the globe. Through four dedicated Private Office teams and our Ambassador network, we manage private client relationships across the world – including 9,000 personal relationships with UHNWIs – ensuring that clients benefit from one point of contact, high quality service and a long-term relationship that can span generations.
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