Singapore has the highest number of ultra-high-net-worth individuals (UHNWI) in Southeast Asia, data from Knight Frank Wealth Report of 2024 reveals. Hong Kong SAR, the other major city-state in the neighbourhood, has 5,957 UNHWIs, pushing her into the upper echelons as a country with the most high net worth individuals for 2024.

While Singapore occupies the 17th place overall among countries and territories in the world with the highest number of ultra wealthy individuals, Hong Kong SAR is placed one rank above at 16th.