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, … Read more
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 … Read more
France, Italy and Germany: Wealth Preservation report French and Italian UHNW Populations Lose at Least One UHNWI Every Three Days Since the Start of 2012 Wealth-X‘ latest intelligence report on ultra high net worth (UHNW) populations in France, Italy and Germany, estimates that there are 22,612 individuals resident in France, Italy and Germany worth … Read more
According to Forbes Middle East, Arab billionaires rankings, the total wealth of the region’s billionaires rose to $121.3bn from last year’s figure of $117.6bn. Saudi Arabia and Lebanon led the way on the list with eight billionaires each. Topping the ranking was Saudi Arabia’s Prince Alwaleed Bin Talal Al Saud with an estimated fortune of … Read more