However, some of the results demonstrate that the growth of HNWIs is the Asia-Pacific is disproportionate.
The main difference was that areas that produced more HNWI, such as India and Hong Kong, have actually suffered serious slumps. Hong Kong lost 17.4% of its HNWIs, while India lost 18%.
The report says that these losses could be due to the sliding equity indices from 31 December 2010-31 December 2011. India equity prices dropped by 38% and Hong Kong dropped by 18.4%. The two countries had led HNWI growth for the previous two years.
Andrew Amoils, an analyst at WealthInisght said ndonesia strong performance came as little surprise as it has been the stand out country for HNWI growth for a few years now.
Indonesia showed positive equity indices growth 2010~2011 at 31.2%, but China indices dropped by 20.3% Thailand HNWI rose the most in the Southeast Asia at 12.8% in 2011.
Amoils added: e expect Indonesia to be the top performing country in the region over the next five years with HNWI growth of over 18% per annum up until 2016.
