Global stock market rout leaves world with 57 fewer billionaires

Big fall in wealth in China as combined fortunes of ultra-rich dips for first time since financial crisis, says UBS

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 … Read more