| By PR Newswire |
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| November 20, 2012 03:37 AM EST |
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SINGAPORE, Nov. 20 2012 /PRNewswire/ -- Wealth-X, the ultra high net worth (UHNW) business development solution for Global Private Banks, Luxury Brands, Educational Institutions and Non-Profits, unveiled the list of the top 5 cities in Switzerland, ranked according to the number of ultra high net worth individuals (UHNWIs) in each city.
Home to 1,805 UHNWIs, Zurich maintains its hold on the top spot. Geneva follows with a UHNW population of 1,360. Basel, Lucerne and Zug complete the top five.
|
Rank
|
City
|
Number of UHNWIs
(>US$30 million)
|
|
1
|
Zurich
|
1,805
|
|
2
|
Geneva
|
1,360
|
|
3
|
Basel
|
625
|
|
4
|
Lucerne
|
365
|
|
5
|
Zug
|
255
|
There are a total of 4,410 UHNWIs in the top 5 cities, representing 78.8% of the total UHNW population in Switzerland.
Mykolas D. Rambus, CEO of Wealth-X, said, "The number of UHNWIs in Switzerland grew by 7.2% to 5,595, despite the ongoing Eurozone crisis. The equity markets in Switzerland have performed exceedingly well; the Swiss Exchange Swiss Performance Index (SPI) is up 14.4% year-to-date, which has led to wealth growth for UHNWIs."
For the full list and supplemental analysis, please visit: http://www.wealthx.com/articles/2012/top-5-swiss-cities/
About Wealth-X
Wealth-X provides detailed intelligence on ultra high net worth (UHNW) individuals globally. The firm's Wealth-X Professional solution is the standard for banking, marketing and not-for-profit professionals working with the ultra affluent. Wealth-X is headquartered in Singapore with offices in all major financial centres.
For more information about Wealth-X, please visit: www.wealthx.com
SOURCE Wealth-X
