KUALA LUMPUR (March 14): Malaysia has come third among selected Asian countries to witness significant growth in its population of ultra-high-net-worth individuals — those with a net worth of US$30 million (RM140.43 million) or more — from 2023 to 2028, according to global real estate consultancy Knight Frank.
Based on Knight Frank’s wealth sizing model, Malaysia is projected for a substantial 34.6% growth in the population of ultra-high-net-worth individuals. India has led the list with 50.1%, followed closely by China at 47%.
Other Southeast Asian regional peers which are included…
