London Luxury Home Prices Increase to Record as Foreigners Dominate Market London’s luxury-home values have accelerated this year as wealthy individuals seek a haven for their money in areas such as Belgravia, Knightsbridge and Mayfair. Values rose 1.1 percent in the fourth quarter compared with 5.5 percent in the first three months of the year, … Read more
Prince AlWalid bin Tala, Saudi media mogul and one of the world’s richest men invests $300m in Twitter Prince Alwaleed bin Talal, the chairman of Saudi Arabia’s Kingdom Holding Company (KHC) has invested $300m to buy a ‘strategic stake’ in popular social networking site Twitter. The Twitter deal had been the result of “several months … Read more
Invest in the submarine equivalent of luxury yachts Dutch firm targets super-rich Arabs with $1m submarines Buyers with extra cash to splash can even invest in the submarine equivalent of luxury yachts. Crafts can come with multiple rooms, luxury fittings and can remain submerged for days. Dutch company U-Boat Worx is targeting wealthiest clients with … Read more
Asprey premieres e-commerce jewellery site, a platfom that includes silver items, while the majority of jewellery products are diamond-set. The site will focus, according to Asprey “on offering both a beautiful and functional online experience” with insight into events, the brand’s heritage and its craftsmanship techniques. “This is an exciting move for Asprey into the … Read more
What Wealthy Women Really Want Both the amount of wealth controlled by women and the rate at which it is increasing are surprising — 95% of women will be their family’s primary financial decision maker at some point in their lives, says the Family Wealth Advisors Council, a network of independent wealth advisers in their … Read more
Luxury Brands Status Index for Japanese and Chinese shoppers European luxury brands are warmly received by wealthy shoppers throughout Asia. These are the findings of the new Luxury Institute‘s Luxury Brands Status Index surveys. The report offers the rankings of dozens of luxury brands by high net-worth consumers from Japan and China. Respondents were 21 … Read more