Wealth-X Holds Commemorative Event to Mark Launch of London Office

LONDON, Feb. 21, 2012 /PRNewswire/ -- Wealth-X, the global UHNW prospecting, intelligence, and wealth due diligence firm has recently opened in London, to lead the company's expansion into the United Kingdom and beyond. A commemorative event followed by a private briefing was hosted at the newly-opened Mayfair office to celebrate the expansion. During the event, Mr. Rambus met with esteemed and selected members of the private banking, education, not-for-profit and luxury sectors as well as the media. The event marked an important milestone day for Wealth-X, formalizing a hub in a location where Wealth-X already serves many clients.

The office is Wealth-X's second in Europe, following after Lugano, Switzerland. London, host city for the Olympic Games this year, is also home to the largest population of ultra high net worth (UHNW) individuals among European cities, reports Wealth-X. The UK capital leads the European UHNWI numbers with 5,955 individuals - approximately 3 percent of the total UHNW population globally, leaving behind Paris with 2,850, and Zurich with 1,775.

"There are 5,955 ultra wealthy in London, far more than any other cities in Europe. Clearly there is a tremendous opportunity in London alone. Furthermore, the challenging economic environment in Europe is spurring banks, not-for-profits and luxury brands to find new ways to connect with the ultra wealthy because it's the super rich that are the greatest business opportunities,'' said Mykolas Rambus, CEO of Wealth-X.

For more information on Wealth-X, and the List of European Cities with the Most Ultra High Net Worth Individuals, visit www.wealthx.com

ABOUT WEALTH-X
Wealth-X provides its members with qualified prospects and intelligence on ultra high net worth (UHNW) individuals, along with the privately held-companies they control. We work with 8 of the top 10 global private banks, leading educational institutions, not-for-profits and luxury brands. Our firm's online business development solution profiles individuals who represent US$ 10.7 trillion of the world's net wealth. Wealth-X offers exclusive details on ultra wealthy individuals, including their wealth, income, passions, philanthropic interests, affiliations, politics, advisors, families and biographies. Wealth-X is the global leader on UHNW individuals and the worldwide standard for professionals working with the ultra affluent. Headquartered in Singapore, Wealth-X has offices in London, Lugano, New York, Hong Kong, Guangzhou, Mumbai, and Sydney.

SOURCE Wealth-X