The Swiss bank's annual wealth survey released on Monday found 100 million Chinese ranked in the global top 10 percent as of the middle of this year versus 99 million in the United States.
The ranks of the world's millionaires have risen by 1.1 million to an estimated 46.8 million, collectively owning $158.3 trillion in net assets, 44 percent of the global total, the study found. A decline in average wealth in Australia -- largely due to exchange rates -- resulted in 124,000 fewer millionaires there, while Britain lost 27,000 and Turkey 24,000.
It forecast global wealth -- which increased 2.6 percent over the past year -- would rise by 27 percent over the next five years to $459 trillion by 2024. The number of millionaires would also grow over this period to almost 63 million.
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