Open all hours: Art Night to give Londoners their own nuit blanche
Inspired by the popular Paris events, audiences will be able to explore art in venues from tube stations to luxury flats for one entire night this summer
millionaires
India’s rich to quadruple wealth in four years as ranks of multimillionaires grow
A sixth more people are worth at least £2.2m than a year ago and demand for luxury goods is on the rise
Super rich shift their thrills from luxury goods to costly experiences
Gourmet dining, private flights, bespoke safaris, slimming clinics and art auctions emerging as top status symbols
The average spending of China’s high net worth individuals decreased by 15%
Hurun Report releases Chinese Luxury Consumer Survey 2014 and Hurun Best of the Best Awards 2014. According to Hurun Report Chinese Luxury Consumer Survey 2014, the average spending of China’s high net worth individuals has decreased by 15%, with spending on gift giving down by a dramatic 25%. HNWIs are busier than ever. They … Read more
Asia-Pacific millionaires outnumbered those in North America
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
Tax change chassed foreign millionaires from the home of Swiss banking
Foreign millionaires fled Zurich after tax change Two years after scrapping special tax breaks, the region of Zurich has lost nearly half its foreign millionaires. Of the 201 foreign residents who benefited from the tax breaks which the canton scrapped in early 2009, 97 have decamped to more favourable tax regimes, the region’s tax services … Read more