Vietnam's number of ultra-high-net worth individuals (UHNWIs) - people who have 30 million USD or more in total assets - is set to double by 2024, according to the 2015 Wealth Report by Knight Frank.

Last year the population of UHNWIs in Vietnam grew to 116, six higher than in 2013. The country's rich population was deemed the quickest growing in the world. It's set to increase 159 per cent to about 300 by 2024. Vietnam is followed by Indonesia with 132 per cent and the Ivory Coast with 119 percent.

According to the report, the global UHNWI population last year was 172,850. Their wealth totalled 20.8 trillion USD.

The global UHNWI population will reach 230,000 by 2024, according to the report. London had more than 4,300 wealth residents – the highest in the world. New York in the US was ranked second.

About 1,180 people became centa-millionaires in 2014, taking the world's total population of those worth over 100 million USD to 38,280. At the top of the wealth tree, 53 individuals became billionaires last year, pushing global membership of this exclusive club to 1,844 – an 82 percent rise from the number recorded in 2004.-VNA