14-02-2013, 10:09 PM
Wealth-X, the ultra high net worth (UHNW) business development solution for global private banks, luxury brands, educational institutions and non-profits, has released its Chinese zodiac special report on global UHNW individuals.
Based on findings from the report, the zodiac sign of the Rabbit has the largest UHNW population globally and in most regions except for the US.
Zodiac
% of total UHNWIs
Rabbit
9.5%
Monkey
8.7%
Goat
8.6%
Horse
8.5%
Dragon
8.4%
Ox
8.2%
Snake
8.2%
Rat
8.1%
Pig
8.0%
Tiger
8.0%
Rooster
8.0%
Dog
7.8%
According to a Shin Min report, the survey was conducted in 2012 and only included those whose wealth is more than $30 million; that amounted to 187,380 people.
The Shin Min report also stated who were the dominant wealthy zodiac signs in each country:
Country
Zodiac
Taiwan
Snake
Thailand
Dragon
India
Rat
Japan
Horse
China
Rabbit
South Korea
Rabbit
Singapore
Rooster
Malaysia
Ox
UHNWIs in the zodiac sign of the Goat have the highest average net worth at US$157.9 million (S$195 million) while those under the zodiac sign of the Dog have the lowest average net worth at US$104.6 million.
Contrary to traditional beliefs, UHNWIs in the zodiac sign of the Rabbit are the most decadent in terms of luxury spend and those in the zodiac sign of the Pig are the most conservative in their spending on luxury.
The Shin Min report also pointed out that those born in the year of the Rabbit earned alot and spent alot as well.
UHNWIs in the zodiac sign of the Monkey are most likely to be billionaires while the UHNWIs in the zodiac sign of the Dog are least likely to be billionaires.
Commenting on the report, Wealth-X CEO, Mykolas D. Rambus noted, "Our analysis clearly debunks popular beliefs that see the Dragon as the most prosperous zodiac sign."
"No particular zodiac sign offers a significant financial advantage over another nor acts as a predictive symbol of the propensity for wealth. However, this report does point to trends associated with certain zodiac signs, such as education and luxury spend, which could well prove useful to business development professionals," he added.
Based on findings from the report, the zodiac sign of the Rabbit has the largest UHNW population globally and in most regions except for the US.
Zodiac
% of total UHNWIs
Rabbit
9.5%
Monkey
8.7%
Goat
8.6%
Horse
8.5%
Dragon
8.4%
Ox
8.2%
Snake
8.2%
Rat
8.1%
Pig
8.0%
Tiger
8.0%
Rooster
8.0%
Dog
7.8%
According to a Shin Min report, the survey was conducted in 2012 and only included those whose wealth is more than $30 million; that amounted to 187,380 people.
The Shin Min report also stated who were the dominant wealthy zodiac signs in each country:
Country
Zodiac
Taiwan
Snake
Thailand
Dragon
India
Rat
Japan
Horse
China
Rabbit
South Korea
Rabbit
Singapore
Rooster
Malaysia
Ox
UHNWIs in the zodiac sign of the Goat have the highest average net worth at US$157.9 million (S$195 million) while those under the zodiac sign of the Dog have the lowest average net worth at US$104.6 million.
Contrary to traditional beliefs, UHNWIs in the zodiac sign of the Rabbit are the most decadent in terms of luxury spend and those in the zodiac sign of the Pig are the most conservative in their spending on luxury.
The Shin Min report also pointed out that those born in the year of the Rabbit earned alot and spent alot as well.
UHNWIs in the zodiac sign of the Monkey are most likely to be billionaires while the UHNWIs in the zodiac sign of the Dog are least likely to be billionaires.
Commenting on the report, Wealth-X CEO, Mykolas D. Rambus noted, "Our analysis clearly debunks popular beliefs that see the Dragon as the most prosperous zodiac sign."
"No particular zodiac sign offers a significant financial advantage over another nor acts as a predictive symbol of the propensity for wealth. However, this report does point to trends associated with certain zodiac signs, such as education and luxury spend, which could well prove useful to business development professionals," he added.