U.S. Surges Ahead as World’s Top Hotspot for the Fabulously Rich

  • Number of $30 million-plus fortunes in U.S. rose 6% in 2019
  • China was second, followed by Japan, Knight Frank study finds
Photographer: Michael Nagle/Bloomberg

The U.S. is home to even more of the super-rich.

The country created the most individuals last year -- 13,443 -- with fortunes of $30 million or more, according to Knight Frank’s 2020 Wealth Report. China was second with 7,892 new ultra-high-net-worth individuals, while Japan was a distant third.