Category: Business
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Shanghai in slow lane as market crash accelerates slump in luxury car sales
Little interest in showrooms as deep discounts fail to drive in customers
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The world’s largest private foundations
Globally, there are over 5,000 UHNW-founded private foundations, according to Wealth-X. Collectively, these foundations have total assets of US $560 billion – equivalent to 19.4% of combined net worth of the UHNW individuals who established them. In the past year, these foundations gave out a total of US $45 billion, equal to 8% of their…
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Jane Birkin handbags Hermès – but can she get her name back?
The 1960s chanteuse wants to ‘debaptise’ the Birkin Croco bag, while an increasing number of celebrities are trademarking their names, lest fashion houses beat them to it
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Welcome to Astana, Kazakhstan: one of the strangest capital cities on Earth
The flashy buildings of Astana rise up implausibly from the flat plains of oil-rich Kazakhstan to form a city stuck between a Soviet past and an aspirational present
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Gates, Perez, and Koch families claim top spots in the top wealthiest couples list
Teamwork makes the dream work. The are 24 hours in a day…but this means nothing if you don’t know how to use it. Each of these 10 couples form a successuful team and climb the mountains together looking in the same direction. Bill and Melinda Gates claimed the top spot on a Wealth-X list of…
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Hermes second-quarter sales boosted by Japan
Wealthy Chinese shoppers have been taking advantage of exchange rate fluctuations to buy luxury goods at lower prices in Japan and Europe