The Ultimate Growth Market
The primary factor behind the increasing size of superyachts is the growing wealth of the super-rich.
- The number of ultra-high-net-worth individuals, with net assets of at least $30m, rose by 61% between 2005 and 2015 to 187,468 worldwide
- Of these, Credit Suisse calculates that the number worth at least $100m rose from 30,000 in 2010 to 44,900 in 2015,
- while those with assets above $500m increased from 2,800 to 4,500 in the same period.
- an emergent younger super-wealthy class – from heirs to dotcom billionaires – “who want to chase an elusive experience”.