According to projections, the number of core HNWIs in Mexico will grow by 47% and reach 209,500 by 2017

Friday 28 June 2013, Amsterdam

There were approximately 145,000 HNWIs in Mexico at the end of 2012 which, at a value of US$736 billion, equated to 43% of the total individual wealth held in the country. As well as this, Mexican HNWIs outperformed the worldwide HNWI average between 2007 and 2012 with the total number rising by 32% while worldwide HNWI volumes declined by 0.3%.

In 2012, Mexican HNWI numbers rose by 15.7%, following a moderate growth of 0.4% in 2011. This strong growth in HNWI wealth and volumes is expected to continue and grow by 47% to reach 213,000 in 2017. HNWI wealth will also see a larger percentage increase, growing by 54% to reach US$1.1 trillion.

At the end of 2012, there were just over 142,000 core millionaires in Mexico, with a combined wealth of US$371 billion, and an average wealth of US$ 2.6 million. The core number of core HNWIs increased by 32% from 107,721 in 2007 to 142,446 in 2012. According to projections, the number of core HNWIs in Mexico will grow by 47% and eventually reach 209,500 by 2017.

There was a wide range of performance between the different UHNWI wealth bands. The number of billionaires increased by 14%, while the number of centimillionaires and affluent millionaires rose by 24% and 19% respectively

Manufacturing is the most important industry from which Mexican UHNWIs acquired their wealth. It was the primary source of wealth for 17.4% of local UHNWIs. Other important industries include financial services (14.8% of UHNWIs) and diversified (9.1% of UHNWIs). The fastest growing sectors between 2007 and 2012 were basic materials, retail and transport & Logistics.


Reasons to buy

• Understand the figures surrounding individual wealth in Mexico.
• Identify the trends in HNWI wealth including information on Billionaires, Centimillionaires, Affluent Millionaires and Core HNWIs.
• Understand the distribution and volume of the different types of HNWIs and UHNWIs within Mexico.
• Receive an analysis of Mexican HNWI investments and a review of the competitive landscape within the wealth sector.

Target audience

• Companies interested in Wealth, Wealth Management and HNWI’s.
• Contractor research organizations.
• Anyone within the financial and wealth sector in Mexico and the surrounding countries.
• Trade body, academia or other industry observers
• Individuals interested in Wealth management.
• Banking and Accountancy companie