With an annual GDP of US$2.5 trillion in 2011, Brazil is the leader in the Latin American region with total individual wealth of US$3.3 trillion. Evident from the chart below, São Paulo is home to the largest portion of Brazil’s UHNWIs (32% or 1,310 UHNWIs).
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There are also sizable Brazilian UHNWI populations in Rio de Janeiro (550 UHNWIs), Belo Horizonte (330 UHNWIs) and Brasilia (321 UHNWIs). According to our research, Belo Horizonte is the top performing city for UHNWIs, with a volume growth of 56%. UHNWIs in the two largest cities, São Paulo and Rio de Janeiro, also fare relatively well. View more data or Buy full report
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