Peter, Michael, David Are Top Ultra Wealthy Boy's Names

-- Royal Baby Could Join The Ranks Of The World's Top UHNW By Name

LONDON, July 23, 2013 /PRNewswire/ -- The Duke and Duchess of Cambridge are celebrating the birth of their baby boy, but have so far remained silent about possible baby names. According to Wealth-X, if they opt for Peter, Michael or David, the baby will automatically gain nearly 600 ultra wealthy namesakes, equivalent to 5.2 percent of Europe's UHNW males.

Over 2 percent or 231 of Europe's ultra rich men are called Peter, the top name in Europe's ultra wealthy community. Wealthy Peters include UK-born Dragon's Den businessman, Peter Jones, with a net worth of at least US$620 million, and German-born investor-entrepreneur Peter Thiel, with US$1.4 billion in assets.

There are 192 UHNW Michaels, the name that ranks second on the list, or 1.74 percent of Europe's ultra wealthy. These include Irish-born founder of technology firm Autonomy, Michael Lynch, who is worth US$470 million. The name David comes in third, with 159 UHNW Davids or 1.44 percent of the list. John, Thomas, Martin, Alexander, Robert, Christian and Andreas are other top names for Europe's ultra wealthy.

Below are the top five names of UHNW European men:

Bookmakers in the UK have seen bets jump since Prince William's wife Kate went into labour early Monday morning. According to betting agent Ladbrokes, the public's current favourite name for the new prince is George, with odds of 4-1. James comes in second at 5-1, followed by Alexander at 8-1. Louis, Henry, Albert, Arthur and Phillip, are other favourites.

But the world may have to wait some time before learning the name of the third in line to the British throne. It is not uncommon for Buckingham Palace to wait for as long as a month before announcing the name of a new addition to the royal family.

For the full list please visit http://www.wealthx.com/articles/2013/royal-baby-could-join-the-ranks-of-the-world%E2%80%99s-top-uhnw-by-name/

About Wealth-X
Wealth-X provides detailed intelligence on ultra high net worth (UHNW) individuals globally, defined as those with assets of US$30m and above. The firm's Wealth-X Professional solution is the standard for banking, marketing and not-for-profit professionals working with the ultra affluent. (www.wealthx.com)