Sales volumes of second-home and resort lifestyle destinations grew by 19 percent, up from a seven percent annual decline in the prior year. Luxury Home Sales Grow 11 Percent Worldwide, says Christie’s International Real Estate Luxury Defined Report. Hong Kong ranked as the world’s most luxurious housing market, followed by New York and London. With … Read more
Study finds billionaire population grew in 2015, but total wealth of this group fell by nearly £250bn as economic growth stalled
Sales of super-yachts rose 40% last year despite number of millionaires and ultra rich falling, according to wealth report
With their discreet lobbies and Michelin-starred restaurants, the capital’s high-end hotels have become a new green zone of affluence, where the global super-rich book entire floors to do business away from prying eyes
Vast economic worth of world’s oceans includes fishing, tourism and shipping but is declining due to pollution, climate change and overfishing
Beijing has made clear that after initially cushioning the slowdown with a massive fiscal stimulus, it is now aiming to engineer a shift to a more sustainable growth model