2017
11th Edition
The global perspective on prime property and investment
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20THE WEALTH REPORT
1 | KNIGHTFRANK
The Wealth
Report 2017
COMMISSIONED BY
Lord Andrew Hay
WRITTEN BY
Knight Frank Research
DESIGNED BY
Knight Frank Creative
PRINTED BY
Optichrome
Knight Frank
EDITOR
Andrew Shirley
GLOBAL HEAD OF RESEARCH
Liam Bailey
RESEARCH
Gr¨￠inne Gilmore
Anthony Duggan
Kate Everett-Allen
James Roberts
BUSINESS DEVELOPMENT
Sarah May-Brown
GROUP HEAD OF MARKETING,
COMMUNICATIONS AND DIGITAL
Fiona OˉKeefe
GLOBAL PUBLICATIONS MANAGER
Holly Harvey
HEAD OF CORPORATE
COMMUNICATIONS
Alice Mitchell
HEAD OF RESIDENTIAL PR
Daisy Ziegler
CREATIVE DESIGN LEAD
Christopher Agius
DESIGNER
Mia Birchall
ALL KNIGHT FRANK CONTACTS:
frstname.familyname@knightfrank
Defnitions
UHNWI
Ultra-high-net-worth individual
¨C someone with a net worth of
over US$30m excluding their
primary residence
HNWI
High-net-worth individual ¨C
someone with a net worth of
over US$1m excluding their
primary residence
PRIME PROPERTY
The most desirable and most
expensive property in a given
location, generally defined as
the top 5% of each market
by value. Prime markets
often have a significant
international bias in terms
of buyer profile
Sub-editor
Louise Bell, Sunny Creative
Photography
Portraits of Lord Andrew Hay,
Liam Bailey and Andrew Shirley
by John Wright
Calvin Klein Villa by Bruce Weber
Georgio Armani Yacht by Frederike Helwig
Selected images by Getty
Illustration
Benjamin Flouw
Infographics
Nicholas Felton
CatalogTree
Quiddity Media
Now Available
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The Wealth Report
and properties
from around the world on your device today.
KnightFrank/WealthReport
THE WEALTH REPORT
R
eading the 11th edition of
The Wealth Report
and looking
ahead to the rest of 2017, there is no doubt that the world
is at a crossroads.
As the report enters its second decade, the global
milestones of 2017 will include the frst year of Donald Trumpˉs
presidency, the opening overtures of the UKˉs Brexit negotiations,
pivotal German and French elections and a critical succession
of power in China. All have the potential to be as far reaching
and infuential on wealth creation and wealth fows as the global
fnancial crisis, which defned the frst decade of
The Wealth Report
.
In this time of rapid change and volatility, Knight Frank remains
independent and committed to matching people and property
perfectly, identifying and understanding residential and commercial
property opportunities in key global markets, and working increasingly
closely with our clients, both new and long standing. To achieve this,
we have three unwavering points of focus:
deepest insight
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