India’s rich to quadruple wealth in four years as ranks of multimillionaires grow
A sixth more people are worth at least £2.2m than a year ago and demand for luxury goods is on the rise
A sixth more people are worth at least £2.2m than a year ago and demand for luxury goods is on the rise
Cristiano Ronaldo, Portugal’s forward and captain, as the wealthiest footballer competing in this year’s tournament in Brazil, according to Wealth-X Net Worth Valuation. “With an estimated net worth of US$230 million, Ronaldo’s personal fortune accounts for nearly one-quarter of the combined net worth of the 10 players in the Wealth-X World Cup Rich List, beating … Read more
Only a small fraction of the global UHNW population possess a high enough net worth to afford a 30-metre superyacht, which has an average price tag of US$10 million (before maintenance, fuel and other expenses), according to a special report released by Wealth-X ultra high net worth (UHNW) intelligence. Due to the high cost of … Read more
Businessman makes plea in People’s Daily for country to improve bad philanthropic record by investing in the poor
As part of its first installment of the Luxury Multichannel Engagement Index (LMEI) survey, the New York-based Luxury Institute asked wealthy consumers from households with minimum annual income of $150,000 to share opinions and rankings of online and in-store experiences at leading luxury retailers. Neiman Marcus earns the highest overall score and stands out for … Read more
Five-Year Trend Shows High Net Worth Population and Wealth Growth in Asia-Pacific Far Outpacing Other Regions. Asia-Pacific is poised to become largest wealth market as early as 2014, finds the Asia-Pacific Wealth Report 2013 (APWR), published byCapgemini and RBC Wealth Management. The population and wealth of Asia-Pacific’s high net worth individuals (HNWIs) increased at … Read more