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1、A1.TRATAWor1.dUItraWeaIthReport2024Thought1.eadershipWor1.dU1.traWea1.thReport2024A1.TRATABrianA1.sterChiefExecutiveOfficerJeffWenderChiefRevenueOfficerManue1.BianchiSeniorVicePresidentandG1.oba1.HeadofSa1.esAmandaCifoneSeniorMarketingDirector1.eadauthorsMayaImbergSeniorDirector,HeadofThought1.eader
2、shipandAna1.yticsMaeenShabanDirectorofResearchandAna1.yticsDesignStephanieWarburtonDirectorofVisuaICommunicationsDawn1.astreVisua1.CommunicationsSpecia1.istDtHmian1.imitedanditsaffi!a1.edcompanies.Ju1.y2024.ThisPUbhcabQnsforyourinformationoniy11rdisnotintendednsanocr.ornSdiCrtIIt1.onofanoffer,tobuyo
3、rsd1.anyproductes,whetherdirect1.yorviafami1.yoffices.Thisgroupa1.soaccountsforaprominentandgrowingshareofg1.oba1.individua1.givingtophi1.anthropicorganizations,withpersona1.donationsbytheu1.trawea1.thyestimatedatasubstantia1.S1.90bin2022.G1.oba1.1.y,theu1.trawea1.thyaccountfor:$118bnofpersona1.1.ux
4、urygoodsspend,equiva1.entto30%ofthetota1.spend$190bnofphi1.anthropicdonations,equiva1.entto38%ofa1.1.givingbyindividua1.s2$38trnofinvestab1.eassets,equiva1.entto32%ofg1.oba1.assetsundermanagement(AUM)35rc*W*tb-XA1.11vtco11nrrt1.mRVURIMWw1.h-XeeandMfi,A1.i91rrXMaandBan1Atogamma.2R!nto2O22dtiSOWeg:W1.
5、hXjrnKbMaccmgnyForfurtherromaf1.coA11nx%UtfAHighNfttWorthPhiantTropy2024report3Refers102t23dateSaXBVm-(nAJtre1.arpany).aedonettutwgWwM1.h-Xda1.eandc1.Ccceu1.1.ingGroupAwea1.thtierofinf1.uenceUnevenwea1.thdistributionTheunevennatureoftheg1.oba1.distributionOfwea1.thisa1.soevidentamongthewor1.dsriches
6、tindividua1.s.A1.most80%oftheg1.oba1.u1.trawea1.thyc1.asshaveanetworthofbetween$30mandS1OOm1In1.inewiththegenera1.trendofa1.argeshareofthecohortspopu1.ationfa1.1.ingwithinthe1.owerwea1.thtiers.Thisishigh1.ightedbyanestimatedmedianwea1.th1.eve1.of$51macrosstheUHNWc1.ass,whichcompareswithamuchhigherav
7、erage1.eve1.of$115m.Thoseindividua1.swithanetworthof$100mto$1bnComprisejustunderafifthoftheu1.trawea1.thypopu1.ation,andho1.dstockofwea1.thbroad1.ysimi1.artothoseintheS30mtoS1.mhort.Attheverytopofthewea1.thpyramid,thebi1.1.ionairec1.assrepresentsjust0.8%oftheg1.oba1.UHNWpopu1.ation,yetitho1.ds24%ofa
8、1.1.u1.trawea1.th.Theu1.trawea1.thybytierG1.oba1.UHNWpopu1.ationandwea1.thbywea1.thtierin2023Wea1.thtierS1bn4S5COES1MS100mS5mS30m4100m3M,460S16.743bnPopUabonWata8ra1*tCUUe0e(CMrtv2022.csoMnourBikttC4n2023.Sorc9Wmt.RnJt*atfxocphy2074IA1.most80%ofu1.trawea1.thyindividua1.shaveanetworthofbetween$30mand
9、$100m.Theu1.trawea1.thyin2023Surpassingexpectations-astrongreboundinUHNWwea1.thIn2023,theg1.oba1.UHNWpopu1.ationincreasedby7.6%toahighof426,330individua1.s,markingastrongreboundfromthepreviousyearsdec1.ine.Wea1.thportfo1.ioswerebo1.steredprimari1.ybya1.ate-yearra1.1.ying1.oba1.equities,1.edbydeve1.o
10、pedmarkets.Economicgrowthwasgenera1.1.ys1.uggish-nstrainedbyhighinf1.ation,tightmonetarypo1.icy,cost-of-1.ivingpressuresandgeopo1.itica1.nf1.ict-but,neverthe1.ess,itwasmoreresi1.ientthanexpected.Asrecessionfearseasedandg1.oba1.inf1.ation1.essened,theprospectofcentra1.bankinterestratecuts1.iftedrisk-
11、onsentimentinmostassetc1.asses.Amidgrowingoptimismofasoft1.andingforthewor1.deconomy,worthoftheUHNWpopu1.ationincreasedby7.1%toS49.2tmin2023.Thisshiftininvestorexpectationsoverthecourseoftheyearwasref1.ectedincontrastingsectorreturns,withthepattern1.arge1.yareverseof2022.Thestrongestequitygainswereintechno1.ogy,financia1.servicesa