Malaysia to have more than 30,000 millionaires by 2018 - Spear's Magazine

Malaysia to have more than 30,000 millionaires by 2018

Malaysia has more than 26,000 High Net Worth Individuals (HNWIs) or millionaires, according to WealthInsight.

It stated that the wealth of HNWIs stood at RM527 billion (US$151 billion).

Kuala Lumpur had the most number of HNWIs at 13,800 last year, more than Abu Dhabi (12,500), Cape Town (8,753) and Birmingham (8,736).

The number of millionaires in Malaysia is expected to reach 30,054 by 2018.



 

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