Indonesia Predicted to Have More Super-Rich Individuals, What Is the Minimum Asset Threshold?
Indonesia is predicted to become the country with the fastest growth of super-rich individuals, or Ultra-High-Net-Worth Individuals (UHNWI), in the world over the next few years. This forecast was published in The Wealth Report 2026 by Knight Frank, an annual report mapping global wealth trends and premium property markets.
The report projects that Indonesia will record a surge in its UHNWI population of more than 80 per cent by 2031. Should this projection materialise, Indonesia will claim the top spot globally, outpacing countries such as Saudi Arabia, Poland, Vietnam, and Australia in the growth of its super-rich population.
So, what are the criteria for being classified as super-rich?
Globally, wealth research institutions like Knight Frank use the term UHNWI to describe individuals with investable assets of at least US$30 million, equivalent to approximately Rp537 billion at an exchange rate of Rp17,900 per US dollar. This calculation strictly excludes the value of a primary residence, personal vehicles, or collectibles, focusing solely on assets that can be invested.
Here are the general characteristics of individuals who fall into the super-rich category:
- Possession of investable assets of at least Rp537 billion
This threshold is the most widely accepted standard in the global wealth management industry. The assets counted include stocks, bonds, cash, liquid business ownership, and other investment instruments. An individual’s status is therefore determined by the total value of their investable assets, not merely by their salary size.
- Wealth primarily derived from assets rather than salary
The majority of super-rich individuals generate their wealth from business ownership, investments, property, and financial portfolios. Income from a fixed salary typically constitutes only a small fraction of their total wealth. This model allows their wealth to grow through asset appreciation and investment returns, rather than relying solely on monthly earnings.
- Utilisation of specialised wealth management services
As the value of assets increases, so does the complexity of managing them. Consequently, many super-rich individuals employ family offices, international tax consultants, investment advisors, and estate planners to manage and protect their assets. This approach aims to preserve wealth and facilitate its transfer to future generations.