Seoul Home to 6,220 Ultra-High-Net-Worth Individuals with Over $30 Million, Highest Growth Rate

The number of ultra-high-net-worth individuals worldwide with a net worth exceeding $30 million (approximately 46 billion KRW) is surging.
This trend appears to be linked to the expansion of the artificial intelligence (AI) industry.
Asset data analysis firm Altrata estimated in its 'World Ultra Wealth Report 2026,' released on June 22 (local time), that the number of ultra-high-net-worth (UHNW) individuals with a net worth of $30 million or more globally increased by 14.4% over the past year, reaching 556,850 as of the end of last year.
This marks a significant growth rate since 2017.
Maya Imberg, Senior Director at Altrata, analyzed that "the number of ultra-high-net-worth individuals has been increasing steadily over the past decade, and the pace of growth has accelerated," attributing this to low inflation, robust corporate earnings, and the AI investment boom, which have contributed to the rise in both the number of these individuals and the value of their assets.
In particular, the number of individuals with a net worth exceeding $100 million grew at an even faster rate.
The report analyzed that these individuals increased their wealth by founding or investing in rapidly growing technology companies.
The report explained that Seoul ranked 12th among the world's top 12 cities with the most UHNW individuals holding over $30 million, with 6,220 such individuals.
The number of UHNW individuals in Seoul increased by 36.3% compared to the previous year, the highest growth rate among these 12 cities.
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.