What Factors Drove the Unprecedented Global Wealth Decline? Insights from the World Wealth Report 2023

Much of the decline in wealth was driven by high inflation and the appreciation of the US dollar against many other currencies, says World Wealth Report. The latest Global Wealth Report predicts global wealth to reach USD 629 trillion by 2027, despite 2022 being the first year of wealth decline since 2008. The recently released … Read more

The Year of The Rabbit Tells The Story of Luck, Wealth, Happiness and Success

Each Lunar New Year brings a new opportunity to leave your mark, says Montblanc. Drawing on the spirit of the East Asian zodiac signs, Montblanc releases something new – The Legend of Zodiacs The Rabbit Limited Edition 512. This line embodies the spirit of the rabbit’s mythical sign – luck, happiness and success. This Lunar … Read more

How Real Estate is Still King for Passing Wealth Between Generations

New Report Explores the Resurgence of Cash Buyers, Real Estate in the Metaverse, and How Real Estate is Still King for Passing Wealth Between Generations. An inside-look into the biggest happenings in real estate. Sotheby’s International Realty published its 2023 Luxury Outlook report, an in-depth exploration into high-end real estate markets across the globe. Following … Read more

The wealth management market to double in size by 2030. Report

Bain & Company expects the wealth management market to double in size, exceeding $500 billion in revenues by 2030 Bain & Company released today a new study on the wealth management market, predicting customer demand for wealth management services to surge to more than $500 billion by 2030—double the size of the market in 2021. … Read more

The world is experiencing one of the most accelerated periods of wealth creation. Report

    Global Prime Property Prices Surged in 2021 Amid Soaring Asset Prices. The state of the prime property market. Report. Even if luxury homes were purchased initially as a vacation residence, HNWIs are increasingly using these homes for primary home purposes and for longer periods of time. These are the finding of Forbes Global … Read more

What Are Five Traits the Wealthy Have That You Need to Follow

When you wake up in the morning, do you feel like your day is already off to a good start or are you feeling anxious and worried about all of the things that need to be done? If so, it might be time for some self-reflection. The wealthy have traits in common that they work … Read more