Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity Net Worth 2026
What does it mean to be "ultra wealthy?" According to the Wealth-X's annual "World Ultra Wealth Report," it's anybody with a net worth of $30 million...
🌟 Public Figure · Updated: October 03, 2026 · 3 min read · FamsWorthHQ Financial Desk
Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity — Estimated Net Worth & Financial Dossier
Executive Summary:
What does it mean to be "ultra wealthy?" According to the Wealth-X's annual "World Ultra Wealth Report," it's anybody with a net worth of $30 million or more. In the past, the ultra wealthy of the world were most highly concentrated in New York City in greater numbers than to any other city in the world, but the most recent Ultra Wealth Report indicates that that's changing, and that for the first time Hong Kong has overtaken New York with an ultra wealthy population spike of 31 percent over the course of 2017.
The means 10,010 ultra wealthy individuals now call Hong Kong home. To put that 31 percent growth rate in perspective, New York City enjoyed a 7 percent increase in the same population over the same period, bring its total to 8,865. Why Hong Kong? For one, wealth in Hong Kong is somewhat advantaged due to its connection with the US dollar, which serves as the baseline currency for how wealth is calculated in studies like Wealth-X's. But Wealth-X Institute head Vincent White, one of the authors of the report, explains the main reason:
Verified Wealth Dossier
Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity — Financial & Wealth Report PDF
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💰 Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity Financial Profile OverviewVerified Benchmark
Estimated Net Worth
$233.6 Million
Annual Salary / Earnings
$20.3 Million / year
Monthly Income
~$1.7 Million / month
Primary Wealth Sources
Various Income Streams, Investments, Brand Partnerships
Known Assets & Portfolio
Real Estate, Luxury Vehicles, Business Investments
Nationality / Origin
American
Industry / Category
🌟 Public Figure
Data Last Updated
November 2026
Biography & Early Wealth Journey
"Hong Kong's rise in terms of the number of ultra-high-net-worth individuals is mainly because of its trade and investment links to China's mainland, where new, self-made wealth is growing at the fastest pace."
ANDREW CABALLERO-REYNOLDS/AFP/Getty Images
It might bear clarifying that an ultra wealthy population boom in Hong Kong doesn't come from the rich deciding to move there, but from new ultra wealthy individuals being generated through the economy. In fact, all seven of the major regions covered by the report saw their ultra wealthy populations expand in 2017, with the overall global expansion coming to 18.5 percent to a total of 68,970 ultra-wealthy individuals worldwide. And as for their combined wealth, that went up too: $8.4 trillion, a growth of 26.7 percent.
Primary Income Streams & Multi-Million Contracts
If you're feeling any patriotic loss of pride upon reading some of these numbers, don't worry: The USA is still home to more ultra wealthy people than any other country, with 79,595, or 31 percent of the global ultra wealthy population.
What is Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity's net worth in 2026?
As of 2026, Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity's estimated net worth is $233.6 Million.
How does Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity make money?
Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity generates income primarily through Various Income Streams, Investments, Brand Partnerships.
What are Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity's biggest assets?
They maintain a diverse portfolio including Real Estate, Luxury Vehicles, and Business Investments.
How much does Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity earn per year?
Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity brings in approximately $20.3 Million in annual earnings.
Is Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity a millionaire or billionaire?
Yes, Hong Kong Beats Out New York City In Number Of "ultra Wealthy" Residents | Celebrity is a millionaire.
Financial Valuation Disclaimer: All net worth figures, annual salaries, and asset estimates presented on FamsWorthHQ are formulated using publicly accessible data, corporate filings, industry contract disclosures, and proprietary statistical modeling. Unless explicitly designated, figures represent estimated calculations and should be referenced for informational and comparative entertainment purposes.
