First Global Census Shows Record of 2,170 Billionaires Worldwide. The global billionaire population reached a record 2,170 individuals in 2013 and total billionaire wealth in Asia surged nearly 13 percent, making it the fastest-growing region, according to the inaugural Wealth-X and UBS Billionaire Census 2013. At current growth rates, the Wealth-X and UBS Billionaire … Read more
Simplification of visitor paperwork could boost UK revenues generated by Chinese shoppers by an estimated £1.2bn – but who spends the most?
Norway has kept its 1st place on the overall Prosperity Index from 2009 to 2013. A unique insight into how prosperity is forming and changing across the world. Norway has been ranked the world’s most prosperous country for the fifth year in a row by the Legatum Prosperity Index, followed by Switzerland, and Canada. The … Read more
New York collector Dan Loeb’s bid to unseat auction house head highlights a new mood in the business
France’s luxury department store Galeries Lafayette returned to China after 15-year absence. Galeries Lafayette launched a new six-storey shop in Beijing targeting China’s growing middle class. The luxury department store has invested 42 million euros in the new joint venture with Hong Kong fashion distributor IT, and they are aiming to open around 15 outlets … Read more
Private Island Resort Experience Blending Seclusion, Sophistication and Unspoiled Natural Beauty. Reachable by boat, helicopter or plane through a private airstrip, Pearl Island at 45 miles south of Panama City is a virtually untouched paradise featuring an extensive private natural reserve with over half of the island undisturbed. Here the Ritz-Carlton Hotel Company chose to expand … Read more