Search results for: “billionaires”
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Top 10 wealthiest Latin Americans
Mexican Billionaires Beat Brazilians In Wealth: Wealth-X Unveils Top 10 Wealthiest Latin Americans List With a net worth of US$78.9 billion, Carlos Slim remains at the top of the list of the Wealthiest Latin Americans. Coming in second is Jorge Lemann, co-founder of 3G Capital, with a net worth of US$19.2 billion. Alberto Bailleres…
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LVMH-owned Cheval Blanc gets eight new luxury suites
To start off the new winter season on December 21, LVMH-owned uber-luxurious Cheval Blanc Hotel in Coucheval ski resort introduces 8 new suites decorated by interior designer Sybille de Margerie. The alpine palace situated in resort billed “International billionaires club” extended also 6 of its other suites. Cheval Blanc offers thirty rooms and suites over…
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Trends in luxury consumption in China
Chinese luxury spend Set to accelerate Asian ultra high net worth (UHNW) individuals wealth is expected to grow by 7.9% annually for the next five years with China contributing to the bulk of this growth, according to the Wealth-X World Ultra Wealth Report 2012- 2013, a provider of detailed intelligence on ultra high net worth…
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The demand for classic cars is at an all-time high
“It’s simple, there are more billionaires in the world than there are Ferrari 250 GTOs” The big appetites for exotic, historic and vintage cars, vehicles seen like the only sure bet for investors, is leading to the situation when there will not be enough cars on a global scale to sate the passions. The…
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China’s rich list shrinks in 2012. China’s rich are getting poorer
The 2012 Hurun Rich List, the annual ranking of the 1000 richest individuals in China, reveals that China’s rich are getting poorer and the no. of billionaires is down after six years of growth. In a year when the Shanghai Stock Exchange fell 23%, 469 of the Hurun Top 1000 saw their wealth shrink,…
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The global ultra wealthy population loses US$480 billion
World UHNW Population Loses US$480 Billion: Wealth-X Released World Ultra Wealth Report 2012-2013 The world’s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach US$25.8 trillion, according to the latest edition of “World Ultra Wealth Report” released by Wealth-X, the ultra high net worth (UHNW) business…