Day: May 11, 2026

• Ultra High Net Worth (UHNW) population to reach 734,100 by 2030, a 33% increase
• Combined net worth of the world’s richest will climb to $84tn by 2030
• Nearly 79% are self-made, with just 5% solely inheriting their wealth

MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) — Altrata’s latest report, Global Citizens: Entrepreneurship, Mobility and the Ultra Wealthy, sponsored by leading investment migration consultancy Arton Capital, has found that 1 in every 5 of the world’s UHNW individuals (UHNWI*) are foreign-born**, uncovering the increasingly international character of today’s ultra wealthy. The landmark report also found that the UHNW population is set to increase by a third (33%) to reach 734,100 by 2030.

Ultra High Net Worth Population Set for Rapid Expansion

The report forecasts a rapid increase in the net worth of global UHNW individuals. Their combined net worth is set to increase from $63tn in 2025 to $84tn by the end of the decade. By 2030, an estimated 7.7 million individuals will hold more than $5m in assets.

Wealth Creation Dominated by Globally Minded, Self-Made Individuals

Significantly, the research shows that foreign-born UHNW individuals are overwhelmingly ‘wealth creators’ rather than inheritors. Some 79% are self-made, compared to 16% who attribute their wealth to a combination of entrepreneurship and inheritance, and just 5% whose wealth is fully inherited.

The findings point to a structural shift in how global wealth is created and managed. Personal wealth is becoming less tied to any single nation-state, with the world’s richest structuring their lives, assets, and businesses across multiple jurisdictions. This is reflected in how today’s UHNW individuals operate globally: 17% own or partially-own businesses headquartered outside their country of residence, while 34% have pursued higher education outside their birth country — underlining that cross-border mobility is not incidental, but embedded in how modern wealth is built.

Taken together, the data reveals a clear relationship between mobility and entrepreneurialism. Internationally mobile individuals are more likely to build businesses, pursue opportunities across borders, and generate their own wealth – reflecting a cohort defined by ambition, risk appetite, and access to global markets. Mobility, in this context, is a key enabler of modern wealth creation.

Cross-Border Lives Become the Norm for the Ultra Wealthy

While wealth is increasingly cross-border, key global cities continue to dominate as primary hubs for UHNW individuals.

London remains a prominent hub for UHNW individuals, particularly those in banking and finance, despite mounting headwinds including tighter tax regimes and trade constraints.

At the same time, the US continues to dominate as the world’s leading wealth center, accounting for around 40% of the global UHNW population (205,000), underlining its enduring appeal even amid shifting political dynamics. However, evolving policy conditions may begin to influence future flows, with previous research by Arton Capital indicating that a third of American millionaires*** have considered leaving the USA due to the impact of Trump’s presidency.

In the Gulf, Dubai cements its reputation as a “young wealth hub” for global elites, with nearly a fifth (19%) of foreign-born UHNW individuals in the city under 50 years old. Its status, despite ongoing geopolitical tensions in the Middle East, highlights a broader trend: UHNW individuals are not retreating from global movement, but becoming more strategic in how and where they deploy it.

Armand Arton, CEO of Arton Capital, commented: “Global mobility is no longer a byproduct of wealth creation – it is a strategic asset that underpins it. Today’s most successful individuals are not just building businesses – they are building access: to markets, talent, education, and long-term security across multiple jurisdictions.”

“What we are seeing is a decoupling of wealth from geography. The most successful individuals are structuring their lives and assets across multiple jurisdictions, reducing reliance on any single country. The next generation of UHNW individuals is thinking beyond single-country solutions, prioritizing flexibility, resilience, and optionality in how and where they live, invest, and grow their wealth. In an increasingly complex world, the ability to move seamlessly across borders is becoming one of the most powerful tools for preserving and creating wealth.”

Moira Boyle, Senior Director, Global Head of Luxury at Altrata, said: “What stands out in this research is the continued rise of entrepreneurial wealth creation at a global level. Nearly 80% of foreign-born ultra wealthy individuals are self-made, reinforcing that today’s wealth is increasingly driven by innovation, ambition, and business building.

“At the same time, the UHNW population is expanding rapidly, with total wealth and influence set to grow significantly through the end of the decade. For organizations, understanding who these individuals are and how their wealth is created is essential to identifying opportunity, building relationships, and staying competitive in a fast-evolving market.”

Notes to the Editor

^{*Ultra High Net Worth defined as individuals with more than $30m in net worth.}

^{**Foreign-born wealthy are defined as individuals with more than $30m in net worth who were born outside the country in which they now reside and where their primary business (if they have one) is based.}

^{***Between 9th January 2026 and 14th January 2026, Arton Capital surveyed 1,000 US residents aged 18-70 with a net worth of at least $1 million. 33% of those surveyed said they were more likely to leave the US than they were before the 2024 Presidential election.}

^{****Global citizens is a title term used interchangeably in the report with foreign-born wealthy}

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/85811040-92fb-42c9-bb5d-92088ad73e53

Contact: [email protected]

GlobeNewswire Distribution ID 9717494

• Ultra High Net Worth (UHNW) population to reach 734,100 by 2030, a 33% increase
• Combined net worth of the world’s richest will climb to $84tn by 2030
• Nearly 79% are self-made, with just 5% solely inheriting their wealth

MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) — Altrata’s latest report, Global Citizens: Entrepreneurship, Mobility and the Ultra Wealthy, sponsored by leading investment migration consultancy Arton Capital, has found that 1 in every 5 of the world’s UHNW individuals (UHNWI*) are foreign-born**, uncovering the increasingly international character of today’s ultra wealthy. The landmark report also found that the UHNW population is set to increase by a third (33%) to reach 734,100 by 2030.

Ultra High Net Worth Population Set for Rapid Expansion

The report forecasts a rapid increase in the net worth of global UHNW individuals. Their combined net worth is set to increase from $63tn in 2025 to $84tn by the end of the decade. By 2030, an estimated 7.7 million individuals will hold more than $5m in assets.

Wealth Creation Dominated by Globally Minded, Self-Made Individuals

Significantly, the research shows that foreign-born UHNW individuals are overwhelmingly ‘wealth creators’ rather than inheritors. Some 79% are self-made, compared to 16% who attribute their wealth to a combination of entrepreneurship and inheritance, and just 5% whose wealth is fully inherited.

The findings point to a structural shift in how global wealth is created and managed. Personal wealth is becoming less tied to any single nation-state, with the world’s richest structuring their lives, assets, and businesses across multiple jurisdictions. This is reflected in how today’s UHNW individuals operate globally: 17% own or partially-own businesses headquartered outside their country of residence, while 34% have pursued higher education outside their birth country — underlining that cross-border mobility is not incidental, but embedded in how modern wealth is built.

Taken together, the data reveals a clear relationship between mobility and entrepreneurialism. Internationally mobile individuals are more likely to build businesses, pursue opportunities across borders, and generate their own wealth – reflecting a cohort defined by ambition, risk appetite, and access to global markets. Mobility, in this context, is a key enabler of modern wealth creation.

Cross-Border Lives Become the Norm for the Ultra Wealthy

While wealth is increasingly cross-border, key global cities continue to dominate as primary hubs for UHNW individuals.

London remains a prominent hub for UHNW individuals, particularly those in banking and finance, despite mounting headwinds including tighter tax regimes and trade constraints.

At the same time, the US continues to dominate as the world’s leading wealth center, accounting for around 40% of the global UHNW population (205,000), underlining its enduring appeal even amid shifting political dynamics. However, evolving policy conditions may begin to influence future flows, with previous research by Arton Capital indicating that a third of American millionaires*** have considered leaving the USA due to the impact of Trump’s presidency.

In the Gulf, Dubai cements its reputation as a “young wealth hub” for global elites, with nearly a fifth (19%) of foreign-born UHNW individuals in the city under 50 years old. Its status, despite ongoing geopolitical tensions in the Middle East, highlights a broader trend: UHNW individuals are not retreating from global movement, but becoming more strategic in how and where they deploy it.

Armand Arton, CEO of Arton Capital, commented: “Global mobility is no longer a byproduct of wealth creation – it is a strategic asset that underpins it. Today’s most successful individuals are not just building businesses – they are building access: to markets, talent, education, and long-term security across multiple jurisdictions.”

“What we are seeing is a decoupling of wealth from geography. The most successful individuals are structuring their lives and assets across multiple jurisdictions, reducing reliance on any single country. The next generation of UHNW individuals is thinking beyond single-country solutions, prioritizing flexibility, resilience, and optionality in how and where they live, invest, and grow their wealth. In an increasingly complex world, the ability to move seamlessly across borders is becoming one of the most powerful tools for preserving and creating wealth.”

Moira Boyle, Senior Director, Global Head of Luxury at Altrata, said: “What stands out in this research is the continued rise of entrepreneurial wealth creation at a global level. Nearly 80% of foreign-born ultra wealthy individuals are self-made, reinforcing that today’s wealth is increasingly driven by innovation, ambition, and business building.

“At the same time, the UHNW population is expanding rapidly, with total wealth and influence set to grow significantly through the end of the decade. For organizations, understanding who these individuals are and how their wealth is created is essential to identifying opportunity, building relationships, and staying competitive in a fast-evolving market.”

Notes to the Editor

^{*Ultra High Net Worth defined as individuals with more than $30m in net worth.}

^{**Foreign-born wealthy are defined as individuals with more than $30m in net worth who were born outside the country in which they now reside and where their primary business (if they have one) is based.}

^{***Between 9th January 2026 and 14th January 2026, Arton Capital surveyed 1,000 US residents aged 18-70 with a net worth of at least $1 million. 33% of those surveyed said they were more likely to leave the US than they were before the 2024 Presidential election.}

^{****Global citizens is a title term used interchangeably in the report with foreign-born wealthy}

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/85811040-92fb-42c9-bb5d-92088ad73e53

Contact: [email protected]

GlobeNewswire Distribution ID 9717494

Bitget Cuts Futures Trading Fees to Deepen Liquidity Amidst the Tokenization Boom

VICTORIA, Seychelles, May 11, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), today announced a reduction in taker fees for institutional market makers trading stock, metal, commodity, and index futures, as the exchange moves to strengthen liquidity across its expanding multi-asset derivatives offering. The updated fee of 0.0065% will take effect from May 1 through June 30, 2026.

The adjustment comes as trading activity continues to expand beyond crypto-native assets into tokenized stocks, commodities, and indices. Tokenized assets have already surpassed $50 billion in value, with projections pointing toward a $16 trillion growth over the next decade. As institutional participation increases, liquidity and execution efficiency are becoming key factors in how capital is deployed across markets.

Under the updated structure, eligible futures market makers will benefit from reduced taker fees across selected contracts, including stock, metal, commodity, and index futures. The initiative is designed to support tighter spreads, improved order book depth, and more consistent pricing as institutional participation increases across these markets.

“Liquidity is what determines whether multi-asset trading works in practice,” said Gracy Chen, CEO of Bitget. “As more institutions move across crypto, equities, and commodities, the focus shifts to execution quality and cost efficiency. This adjustment is aimed at strengthening those conditions as activity scales.”

The move builds on Bitget’s broader expansion into multi-asset trading under the UEX framework, where users can access crypto, derivatives, and traditional market exposure within a single account. The platform has seen growing traction in this segment, with stock-linked derivatives and commodity products contributing an increasing share of overall trading activity.

As competition for institutional flow intensifies across global venues, fee efficiency and liquidity depth are becoming key factors in where capital is deployed. By refining its fee structure across stock, commodity, and index futures, Bitget is positioning itself to capture a larger share of institutional trading activity in markets that increasingly sit at the intersection of crypto and traditional finance.

To find out more about the fee reduction, visit here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d2c06fe2-408d-42e1-aba0-f6bfd576363e

GlobeNewswire Distribution ID 1001181166

Bitget Enables Scan to Pay for Instant Payments via USDT

VICTORIA, Seychelles, May 11, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has introduced its Scan to Pay feature on Bitget Pay, enabling users to spend USDT directly at offline merchants by scanning QR codes through the Bitget App.

The feature is now live across selected markets across Southeast Asia and Latin America at launch, where QR-based payments are widely adopted but access to traditional banking infrastructure remains uneven. By integrating with existing local payment networks, Scan to Pay allows users to complete transactions without changing merchant systems or relying on bank intermediaries.

The launch comes as crypto adoption continues to expand beyond trading into real-world use cases. Emerging markets across Southeast Asia and Latin America have seen some of the fastest growth in digital asset usage over the past year, driven in part by demand for stable, accessible financial tools. At the same time, billions of adults globally remain underbanked despite widespread access to mobile payment systems, creating a gap between financial access and financial usability that new payment models are beginning to address.

Scan to Pay is designed around this intersection. Users can set a payment PIN, scan a merchant QR code, and complete transactions instantly, with USDT converted and settled in the background. The experience mirrors familiar local payment flows, while removing the need for manual off-ramping, bank transfers, or currency conversion steps.

“QR code payments have a strong real life usage with over 2.2 billion people using it globally. There’s no reason why crypto shouldn’t be a part of it. It naturally fits into how people live, and spend,” said Gracy Chen, CEO of Bitget.

For users in supported markets, the feature enables stablecoins to function as practical spending tools rather than passive holdings. For travelers and cross-border users, it offers a consistent payment experience across regions without reliance on local banking systems. For merchants, integration requires no change in infrastructure, while transactions are settled without exposure to crypto volatility.

The rollout reflects a broader shift in how digital assets are being positioned within financial systems. As stablecoins gain traction as a medium of exchange, their role is expanding from trading pairs to payment rails that can operate alongside existing networks.

Within Bitget’s UEX model, where trading, assets, and financial services are brought into a single environment, Scan to Pay extends crypto from portfolio management into daily life. As financial services converge, the distinction between holding assets and using them continues to narrow, moving digital assets closer to everyday money.

To learn more about Scan to Pay, please visit here.

Disclaimer: Scan To Pay is a technical interface provided by Bitget. Payment services are provided solely by third-party payment service providers. Bitget does not provide any payment or fiat transfer services, whether to users or merchants. Bitget is not responsible for any acts or omissions by any third party.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8dc2cb43-8503-4478-a8f9-78b2dd319a1d

GlobeNewswire Distribution ID 1001181161