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Altrata’s World Ultra Wealth Report 2026 Reveals a $26 Trillion Investable Asset Opportunity as the Global Ultra Wealthy Population Hits an All-Time High

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The global UHNW population grew by 14.4% in 2025 to 556,850 individuals, with combined net worth surpassing $63.8 trillion, more than double the annual GDP of the United States

NEW YORK, June 23, 2026 /PRNewswire/ — Today Altrata, a leader in intelligence on the wealthy and well-connected, releases the World Ultra Wealth Report 2026, the 14th edition of its flagship annual analysis of the global ultra high net worth (UHNW) population, those with a net worth in excess of $30 million.

The report finds that the global UHNW population has reached a new all-time high of 556,850 individuals, growing by 14.4% in 2025, the strongest annual expansion since 2017. Over the past two years alone, the number of ultra wealthy individuals has grown by almost 30%, adding more than 120,000 new individuals. Their combined net worth now stands at $63.8 trillion, more than double the annual GDP of the United States. The ultra wealthy class holds an estimated $26 trillion of that in investable assets, equivalent to approximately 10% of the global investable asset stock.

For wealth managers, private bankers, and financial advisors, the opportunity has never been larger, and neither have the expectations of the clients they’re advising.

Key findings for wealth managers from the World Ultra Wealth Report 2026 

A rapidly expanding market opportunity. The global UHNW population is forecast to reach 746,570 individuals with combined wealth of $85 trillion by 2030, representing a substantial and growing pipeline of prospective clients for wealth management firms globally.North America registers the largest absolute increase. North America will add around 77,000 ultra wealthy individuals by 2030, raising the total to more than 300,000, retaining its position as the world’s dominant wealth market and the largest concentration of prospective clients.Entrepreneurial wealth dominates today, inherited wealth grows tomorrow. Four fifths of North America’s ultra wealthy class are entirely self-made, the highest share of any major region. With purely inherited wealth currently accounting for just 6% of the global ultra wealthy class, this share is set to rise as intergenerational transfers accelerate, particularly in China and Southeast Asia.The share of UHNW women is set to grow. Female UHNW representation stands at 12% globally but is forecast to reach 19% by 2040, a shift that forward-looking firms should already be preparing for.Asia leads regional growth. Asia recorded UHNW population growth of 15.8% in 2025 and is forecast to register the strongest growth of the three major regions to 2030, with India, China and Southeast Asian economies such as the Philippines, Indonesia and Malaysia among the primary engines of expansion.

The largest and fastest-growing opportunity in wealth management

The scale of the UHNW opportunity is difficult to overstate. At $26 trillion in investable assets, this population accounts for 10% of the global investable asset stock, concentrated among just 556,850 individuals. And that pool has been growing recently at its fastest pace in nearly a decade.

But the profile of individuals within this demographic is changing. The dominant profile across all regions is that of the entrepreneurial wealth builder, individuals who have built companies, led organizations, and often accumulated wealth across multiple jurisdictions. They expect their financial advisors to understand that complexity and to meet them with intelligence that reflects it.

The geographic distribution of this opportunity is also shifting. While North America remains the dominant wealth market, Asia is gaining share, and emerging hubs across Southeast Asia, the Nordics, and Africa are producing a new generation of ultra wealthy individuals that represent a new relationship opportunity. For wealth managers with a global outlook, the report provides a clear picture of where the next generation of clients is being created and where the opportunity is too significant to ignore.

Looking ahead, intergenerational wealth transfer is set to reshape the client base further. As an aging UHNW population begins transferring assets at an accelerating pace, wealth managers face the dual challenge of retaining existing relationships while building new ones with a younger, differently motivated cohort of inheritors and emerging wealth creators. With female representation expected to rise to 19% by 2040, investment priorities and financial planning needs will shift in ways that will define the next generation of client relationships. What will remain constant is the expectation that advisors understand the full picture of who their clients are. Philanthropy already rivals sport as a top interest among the global ultra wealthy, nearly matching it among North America’s UHNW class. Knowing what drives a client beyond their portfolio is no longer a nice-to-have. It is a prerequisite for earning the relationship in the first place.

“The global ultra wealthy landscape is evolving at a pace that demands a fundamentally different approach to client acquisition and relationship management. Data and relationships are now inseparable,” says Eden Willis, Global Head of Financial Services at Altrata. “The firms that will pull ahead are not those casting the widest net. They are those with the deepest intelligence on who these individuals are, what they care about, and how to meet them with the right advice at exactly the right moment.”

An essential resource for wealth managers

Altrata’s World Ultra Wealth Report 2026 and the data that underpins its findings continue to be a critical read for wealth managers, private bankers, and financial advisors seeking to engage and prospect the ultra wealthy across the globe. As this population grows in size, complexity, and global reach, the organizations best positioned to advise and engage with them will be those that understand them most deeply.

“The insights in this report are the foundation of every meaningful client conversation a wealth manager should be having right now,” says Eden Willis.

Access the complete findings now.

About Altrata

Altrata is a definitive leader in global wealth intelligence, professional relationship mapping, and affluent market dynamics. The company’s global dataset contains millions of individual profiles on the wealthy and well-connected senior decision makers, board members, and C-suite leaders. Leading financial services, commercial, philanthropic, and educational organizations depend on Altrata solutions to drive their growth objectives powered by our actionable, accurate, and comprehensive data maintained by a global team of in-house researchers committed to surfacing the right insight at the right time to drive positive business outcomes.

Altrata is a registered trademark of Delinian Limited and its affiliated companies.

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SOURCE Altrata Limited

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ITC Validates Again Voltage Energy’s Right to Supply Trunk Bus Solutions to U.S. Market

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Voltage Energy to Continue Serving Domestic Customers with Next-Generation Trunk Bus Solutions

CHAPEL HILL, N.C., June 25, 2026 /PRNewswire/ — Voltage Energy Group (“Voltage Energy”), a leading solar and clean energy solutions provider founded in North Carolina, today announced that the U.S. International Trade Commission (“ITC”) has issued a final determination confirming that its next-generation trunk bus solutions (“LYNX PLUS”) do not infringe the patents of Shoals Technologies Group, Inc. (“Shoals”) asserted in its second ITC case against Voltage Energy.   

This critical ruling allows Voltage Energy to continue serving domestic customers, including solar developers and EPCs, by ensuring uninterrupted access to its trunk bus solutions for projects nationwide. It also rejects Shoals’ efforts to exclude Voltage Energy’s trunk bus solutions from the market and stifle competition. 

“Today’s decision is a victory for Voltage Energy and reinforces fair competition and reliable access to innovative energy solutions for the domestic solar industry and its customers,” said Li Wang, CEO of Voltage Energy. “Voltage Energy independently developed its trunk bus solutions and will continue to innovate. The solar industry depends on open and fair competition, not efforts to eliminate competitors through litigation and unfair business practices.”

This latest ruling follows a series of favorable outcomes for Voltage Energy in related proceedings. Last January, the ITC found no violation and terminated Shoals’ first ITC investigation, which Shoals had initiated in May 2023 and in which it wrongly accused Voltage Energy’s products of infringing three patents. During that first ITC case, Shoals sought new patents, which were issued in June 2024 and were later asserted in Shoals’ second ITC case and district court complaint against Voltage Energy in January 2025.

Following a recent bench trial, the district court found that Shoals violated an agreement prohibiting its ITC counsel’s involvement in obtaining those new patents.

Voltage Energy appreciates the court’s validation of those concerns, as well as the Court’s recognition that Shoals should not unfairly benefit from that violation, which accelerated Shoals obtaining those patents.  Voltage Energy stands behind its trunk bus solutions, which were independently developed before Shoals obtained the asserted patents, and will continue to defend its innovations, including its latest LYNX PLUS solution, which the ITC confirmed does not infringe the 375/376 patents.  

While related legal matters remain ongoing, Voltage Energy respects valid intellectual property rights and remains committed to competing with integrity, investing in innovation, and delivering dependable, forward-looking solutions to customers. 

About Voltage Energy Group

Founded in 2016, Voltage Energy Group (“Voltage Energy”) is a leading global provider of electrical balance of systems (EBOS) solutions for utility-scale solar projects, with global headquarters in Chapel Hill, North Carolina. Voltage Energy delivers innovative, value-engineered technologies and services that improve installation efficiency, enhance safety, and optimize long-term system performance.

We are a group of innovative people who sincerely care about the renewable industry. Learn more at the company’s new website, www.voltageenergy.com.

 

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SOURCE Voltage Energy Group

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Validar, Leader in Event-Technology Sector, Secures Debt-Funding Package from Decathlon Capital Partners

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Seattle-based company to expand platform, boost customer-support and sales initiatives

SEATTLE, June 25, 2026 /PRNewswire/ — Validar, an innovative provider of event-technology solutions, will launch a significant expansion program after it reached agreement with Decathlon Capital Partners on a growth-funding investment. Validar is headquartered at Seattle.

The venture-debt funding will support expanded features on the Validar platform as well as expanded customer-support and sales-and-marketing initiatives. Financial details of the venture-debt transaction were not disclosed.

Victor Kippes, Founder and CEO of Validar, said the company has worked more than two decades to help marketers of B2B events better understand and articulate their value. At more than 1,000 events around the world, Validar products have enhanced ticketing and registration, provided real-time feedback on the effectiveness of content, and driven leads from the show floor into sales initiatives.

“This important growth-financing package is custom designed to meet the needs of our fast-growing company,” Kippes said. “It provides flexible amortization, doesn’t require any dilution of existing shareholders and doesn’t involve any changes in management control or governance.”

Validar will face no cost for undrawn capital in the transaction, which includes possible additional steps to support Validar’s growth beyond the current investment.

John Borchers, Managing Director of Decathlon Capital Partners, said Validar’s products provide high-value data to organizers of B2B events, allowing them to understand the ROI on the millions of dollars they spend to attract attendees to their events.

“Validar has worked closely with the B2B events industry since 2005. Victor Kippes and his team understand the requirements of event marketers, and they continue to develop technology solutions to meet the needs of their clients worldwide,” Borchers said. “Decathlon Capital Partners is pleased to support the continued growth of Validar.”

About Validar
Validar provides innovative event technology solutions that empower organizers to create engaging, efficient, and data-driven experiences. With a focus on streamlining registration, check-in, tracking attendee behavior, engagement tools, and event analytics, Validar serves a wide range of industries to enhance attendee satisfaction and measure event performance. Learn more at www.validar.com.

About Decathlon Capital Partners 
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized growth-debt financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is active across a wide range of sectors. Learn more at www.decathloncapital.com.

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SOURCE Validar

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PLS Logistics Services Acquires The AGL Group

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Acquisition expands PLS Logistics non-asset-based Service Portfolio

CRANBERRY, Pa., June 25, 2026 /PRNewswire/ — PLS Logistics Services (PLS), a leading third-party logistics provider, today announced the acquisition of The AGL Group, an international freight forwarder and supply chain company based in Weymouth, Massachusetts. The acquisition of AGL enhances PLS’s market position, diversifies its customer base, and expands its product portfolio.

For customers, PLS now offers international forwarding services, including drayage, ocean and customs brokerage, along with its world class domestic freight solutions, including truckload, LTL, TMS, and managed services.

Commenting on the acquisition, PLS Chairman and CEO Greg Burns remarked “The acquisition of the AGL Group brings a proven and reliable international service provider with strong presence in ocean and customs brokerage to the PLS client base. I’m excited that the AGL management team lead by CEO Steve Zambo will be joining the PLS family.”

Added Steve Zambo, CEO of the AGL Group, “The team at AGL is looking forward to further growth opportunities as part of a Billion dollar organization. PLS Logistics is known throughout the industry for its advance supply chain solutions, scaled operations, and outstanding market reputation. The combination will create new opportunities for AGL clients and employees alike.”

The AGL Group will operate as a wholly owned subsidiary of PLS Logistics, with Steve Zambo remaining CEO and reporting to PLS President Steven Bergan.

PLS President Steven Bergan commented; “The entire PLS Leadership team has been impressed with the customer and employee centric culture that Steve Zambo has built and we see this as an excellent culture fit with PLS. I look forward to working closely with Steve and his team to further growth opportunities ahead.”

Financial terms of the transaction were not disclosed.

ABOUT PLS LOGISTICS SERVICES
PLS Logistics Services is a leading third-party logistics provider specializing in managed transportation and end-to-end supply chain solutions across North America and beyond. Powered by people, process, and proprietary technology, PLS delivers Visibility, Capacity, and Confidence to businesses that depend on their supply chains to perform. For more information, visit www.plslogistics.com.

ABOUT THE AGL GROUP
The AGL Group is a full-service logistics company with more than 40 years of experience in domestic, import, and export freight solutions. With a team of 76 specialists and a global partner network of 600+ providers, AGL delivers comprehensive freight solutions built around one guiding principle: making lives easier. For more information, visit www.theaglgroup.com

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SOURCE PLS Logistics Services

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