Citibank Hong Kong released its latest Hong Kong Decamillionaire Survey Report 2022/23 on Oct. 11. The data shows, as of June 2023, the number of “decamillionaires” in Hong Kong, that is, those having net assets of HK$10 million (US$1.28 million) or more dropped slightly to 408,000, a drop of 0.5 percent from the previous year. This accounts for about 7 percent of Hong Kong’s population aged between 21 to 79. In other words, for every 14 Hong Kong people within this age group, there is one decamillionaire.
The survey was conducted via phone to more than 1,700 Hong Kong citizens aged between 21 and 79 in each of the two periods, October to December 2022 and April to June 2023, with more than 3,400 people being interviewed.