Wealth-X Expands Global Database with Over 735,000 New Profiles on Wealthy Individuals
The Wealth-X Data Strategy team examined relationships between these new records and identified around 8,500 family relationship entries to 4,200 profiles using a relationship scoring algorithm.
- The Wealth-X Data Strategy team examined relationships between these new records and identified around 8,500 family relationship entries to 4,200 profiles using a relationship scoring algorithm.
- As a result, over 700,000 new Wealth-X profiles were created, including 61,816 new UHNW profiles, 207,090 new VHNW profiles, and 440,203 new Potentially Wealthy profiles.
- In total, over 760,000 private company stakes worth a total of US$1.97 trillion were added to the new profiles' valuations.
- Wealth-X also updated the values of private company stakes in more than 215,000 previously existing profiles.