Global wealth detaches from borders as 1 in 5 ultra wealthy are now foreign-born

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A new report from Altrata, sponsored by Arton Capital, investigating mobility trends among the global ultra wealthyA new report from Altrata, sponsored by Arton Capital, investigating mobility trends among the global ultra wealthy GNW

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  • Ultra High Net Worth (UHNW) population to reach 734,100 by 2030, a 33% increase
  • Combined net worth of the world’s richest will climb to $84tn by 2030
  • Nearly 79% are self-made, with just 5% solely inheriting their wealth

Financial Post

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MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) — Altrata’s latest report, Global Citizens: Entrepreneurship, Mobility and the Ultra Wealthy, sponsored by leading investment migration consultancy Arton Capital, has found that 1 in every 5 of the world’s UHNW individuals (UHNWI*) are foreign-born**, uncovering the increasingly international character of today’s ultra wealthy. The landmark report also found that the UHNW population is set to increase by a third (33%) to reach 734,100 by 2030.

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Ultra High Net Worth Population Set for Rapid Expansion

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The report forecasts a rapid increase in the net worth of global UHNW individuals. Their combined net worth is set to increase from $63tn in 2025 to $84tn by the end of the decade. By 2030, an estimated 7.7 million individuals will hold more than $5m in assets.

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Wealth Creation Dominated by Globally Minded, Self-Made Individuals

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Significantly, the research shows that foreign-born UHNW individuals are overwhelmingly ‘wealth creators’ rather than inheritors. Some 79% are self-made, compared to 16% who attribute their wealth to a combination of entrepreneurship and inheritance, and just 5% whose wealth is fully inherited.

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The findings point to a structural shift in how global wealth is created and managed. Personal wealth is becoming less tied to any single nation-state, with the world’s richest structuring their lives, assets, and businesses across multiple jurisdictions. This is reflected in how today’s UHNW individuals operate globally: 17% own or partially-own businesses headquartered outside their country of residence, while 34% have pursued higher education outside their birth country — underlining that cross-border mobility is not incidental, but embedded in how modern wealth is built.

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Taken together, the data reveals a clear relationship between mobility and entrepreneurialism. Internationally mobile individuals are more likely to build businesses, pursue opportunities across borders, and generate their own wealth – reflecting a cohort defined by ambition, risk appetite, and access to global markets. Mobility, in this context, is a key enabler of modern wealth creation.

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Cross-Border Lives Become the Norm for the Ultra Wealthy

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While wealth is increasingly cross-border, key global cities continue to dominate as primary hubs for UHNW individuals.

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London remains a prominent hub for UHNW individuals, particularly those in banking and finance, despite mounting headwinds including tighter tax regimes and trade constraints.

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At the same time, the US continues to dominate as the world’s leading wealth center, accounting for around 40% of the global UHNW population (205,000), underlining its enduring appeal even amid shifting political dynamics. However, evolving policy conditions may begin to influence future flows, with previous research by Arton Capital indicating that a third of American millionaires*** have considered leaving the USA due to the impact of Trump’s presidency.

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