---
title: "Indonesia’s ultra-wealth population ranks 2nd in Southeast Asia"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285801817.md"
description: "Indonesia ranks second in Southeast Asia for ultra-wealthy individuals, with 3,833 people holding US$30 million or more, a 37% increase since 2021. This number is projected to rise by 82% to 6,966 by 2031, marking the fastest growth globally. Singapore leads the region with 7,171 ultra-high net worth individuals, followed by Thailand, the Philippines, Malaysia, and Vietnam. The Asia-Pacific region comprises nearly 31% of the global ultra-high net worth population, trailing North America's 37%."
datetime: "2026-05-09T07:27:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285801817.md)
  - [en](https://longbridge.com/en/news/285801817.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285801817.md)
---

# Indonesia’s ultra-wealth population ranks 2nd in Southeast Asia

The country now has 3,833 individuals with ultra-high net worth, an increase of 37% from 2021, according to a recent study by London-based property consultancy Knight Frank.

By 2031, the figure is set to rise 82% to 6,966, the fastest expansion rate in the world.

Indonesia is among the "rapidly maturing economies" that are set to lead global ultra-high net worth population growth in the next five years, the report said.

In Southeast Asia, Singapore leads in ultra-high net worth population at 7,171. Thailand ranks third at 2,853, followed by the Philippines (1,910), Malaysia (1,566) and Vietnam (1,233).

The broader Asia-Pacific accounts for almost 31% of the world’s ultra-high net worth population, second only North America with 37%.

Globally, the U.S. and China lead, with more than 251,300 and 121,600 individuals, respectively.

The U.S. also dominates in terms of wealth creation, accounting for about 41% of newly minted ultra-wealthy people over the last five years.

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