The number of multimillionaires in Hong Kong expanded last year at a faster clip than the global average, a trend that is likely to support demand for tokenisation and digital ownership of property, according to a Knight Frank survey.The pool of so-called ultra high-net-worth individuals (UHNWIs) in the city grew 11 per cent to 7,593, of which 30 per cent were under 40, the property consultancy said in its Wealth Report published on Tuesday.Globally, the size increased by 9.3 per cent to 610…
Source : South China Morning Post
Read more…Rich and under 40: growing rank of multimillionaires bodes well for digital ownership of property, Knight Frank report says
