Millionaires on the Move. In a world where wealth whispers, millionaires are packing their bags and shifting their fortunes across borders in unprecedented numbers. According to the Henley Private Wealth Migration Report 2024, this year is set to break records with an astonishing 128,000 high-net-worth individuals (HNWIs) expected to relocate globally. But where are they … Read more
The Concept of the ‘Second Home’ is Undergoing a Rapid Transformation. Pandemic lockdowns, dramatically reduced travel, changing work requirements—as well as a renewed focus on the value of ‘home’ – prompted many HNWIs to review their real estate priorities over the past 18 months. As a result, the concept of the ‘second home’ is undergoing … Read more
Over the past 18 months, homes have doubled as offices, workout spaces, schools, and entertaining spaces. The global pandemic has prompted many HNWIs to reassess the true value and purpose of “home,” and with it, the most important amenities to consider when buying a luxury home. According to Forbes Global Properties’ 2021 Year-End Market … Read more
Global Prime Property Prices Surged in 2021 Amid Soaring Asset Prices. The state of the prime property market. Report. Even if luxury homes were purchased initially as a vacation residence, HNWIs are increasingly using these homes for primary home purposes and for longer periods of time. These are the finding of Forbes Global … Read more
Five-Year Trend Shows High Net Worth Population and Wealth Growth in Asia-Pacific Far Outpacing Other Regions. Asia-Pacific is poised to become largest wealth market as early as 2014, finds the Asia-Pacific Wealth Report 2013 (APWR), published byCapgemini and RBC Wealth Management. The population and wealth of Asia-Pacific’s high net worth individuals (HNWIs) increased at … Read more
Global High Net Worth Population Increases Slightly as Their Investable Wealth Declines Asia-Pacific becomes region with the most HNWIs, while North America retains the most HNWI wealth Asia-Pacific surpasses all regions with the largest HNWI population, while North America retains the most HNWI wealth, finds Pacific, Capgemini and RBC Wealth Management’s “World Wealth Report“, a … Read more