VietNamNet Bridge - The average age of the group of people who own assets of over US$10 million in Vietnam is 48, younger than those in China (52), America (56) and the UK (57), according to the Prosperity Report 2016 recently announced by the research firm Knight Frank.

The number of US millionaires in Vietnam by the end of 2015 was approximately 12,100 people, up from 11,200 at the end of 2014. This figure is predicted to rise to 29,000 people by 2025.

In particular, the individuals with assets above $30 million (the super rich group) is approximately 168 people, a slight increase from 156 in 2014. The number is forecasted to increase to 403 people after 10 years.

The group of people who have property of more than $100 million in Vietnam is estimated at 18 at the end of 2015, an increase of one person compared with 2014. 1 It is expected that after one decade, this group will have 43 members.

Vietnam has only one dollar billionaire – the boss of Vingroup Pham Nhat Vuong. Knight Frank predicted that by 2025, Vietnam will have two dollar billionaires.

In total, the group of super-rich people in Vietnam rose by 8% in number after one year and the rate is estimated at 140% in the next 10 years, the world's highest rate.

Vietnam’s largest city – HCM City - is expected to dominate the list of cities with the fastest growth in the number of rich people in the world, at 145% in 10 years.

Following HCM City are Maputo City of Mozambique with 135%, Port Louis of Mauritius at 130%, and Lusaka of Zambia at 120%.

Naming Vietnam among the three bright spots for investment in the world, Knight Frank said that the structural reform by the Vietnamese government had put Vietnam ahead of other emerging markets.

Many new rules were set up in 2015, opening up the real estate market for foreign investors.

Although many countries in Asia - Pacific approached the peak of the cycle, Vietnam, the Philippines and possibly Japan will continue to grow rapidly in 2016, said Nicholas Holt - leader of the research team of Knight Frank in Asia - Pacific.

Globally, the number of super-rich people decreased by 3%, to 187,500 people by the end of 2015. This is the first time this figure has decreased since the financial crisis occurred.

This group's total assets also fell to $19,300 billion, compared to $22,000 billion of the previous year due to the plunge of global stock markets, falling commodity prices and reduction of economic growth in China and many other countries last year.

However, the number of world's super-rich people by 2025 is expected to rise 42% to more than 263,000 people, mainly in the US, China and India.

Linh Nhat