Wealth creation at different ages: wealthiest person at each decade

Wealth-X released a list of the wealthiest person at each decade, from their 20s through their 90s, revealing insights into wealth creation at different ages. The list shows that: The wealthiest individual across all age groups is Bill Gates, Microsoft founder and the Bill & Melinda Foundation co- chairman, age 60, with a net worth … Read more

The United States is the most popular location for second homes among the ultra wealthy, followed by the United Kingdom and Switzerland

Gain insight into investment strategies of the UHNW population. Luxury home buying has become a truly global enterprise. An increasing number of ultra high net worth (UHNW) individuals are buying non-traditional homes outside their domiciles according to a new study by Wealth-X and the Sotheby’s International Realty. The Wealth-X and Sotheby’s International Realty reports look … Read more

The cost of living in luxury and wealth creation in Asia. Study

Some highlights of the Julius Baer Lifestyle Index 2015. Despite its maturing economy, China’s HNWI wealth is expected to increase to USD 8,249.6 billion in 2020, trebling the 2010 figure and making it one of the biggest wealth creation engines in the Asia region, says the 5th JULIUS BAER WEALTH REPORT: ASIA. China’s HNWI wealth … Read more

Billionaires have more connections than their wealthy brethren

Wealthy individuals move in specific circles, whether it is their professional circle with business partners and colleagues or their social network with friends and family. A recent study by Wealth-X digs deep into the social network of the world’s wealthy and reveals that the typical wealthy individual is connected to 7 other ultra high net worth … Read more

Eleven of the world’s top 20 wealthiest individuals in 2015 under the age of 35 are from the US

Top 20 wealthiest individuals under the age of 35. Facebook co-founder and chief executive Mark Zuckerberg and fellow Facebook co-founder Dustin Moskovitz top the Wealth-X list of the wealthiest individuals under the age of 35. Zuckerberg boasts a personal fortune of US$41.6 billion, while Dustin Moskovitz claimed second place on the list with an estimated … Read more

The travel destinations that attract and retain wealthy tourists the longest

A snapshot into the traveling habits of wealthy tourists. Seoul, South Korea — bustling metropolis, international business hub, and jumping-off point for many Asia-bound travelers — topped Switchfly’s 2015 Luxury Travel Index released by technology and booking company Switchfly. Although the majority of top luxury travel destinations are European, the top two luxury travel destinations … Read more