The past few years have seen a general uptick in philanthropic giving, particularly from UHNW individuals. Study. Wealth-X, an Altrata company, recently analyzed the giving habits of ultra high net worth (UHNW) individuals around the world to gain a better understanding of how philanthropy has evolved in recent years. In this context, UHNW individuals are … Read more
Most Ultra High Net Worth individuals (UHNWs) rely on trusted advisors for their major investment needs and feel they are well-served for the most part. They thoroughly understand economic cycles, risk profiles, and risk/return and asset diversification scenarios across generations. During this unfolding economic downturn, most UHNWs prioritize their spending and investments based on individual … Read more
New Billionaire Census reveals wealth accumulation far surpassed population growth in 2021. Altrata, a global leader in data-driven people intelligence, released the Billionaire Census 2022. Powered by Wealth-X data, the ninth edition of this report reveals the global billionaire population rose by 3.3% to 3,311 individuals in 2021, with total wealth surging by 17.8% to … Read more
London, New York and Tokyo Top List of World’s Leading Luxury Real Estate Markets. 10% of UHNW individuals own five properties or more, according to The 2017 Global Property Handbook unveiled by Wealth-X, Warburg and Barnes. The handbook detailing real estate investment habits of the world’s wealthiest people cites Cuba as a top emerging luxury … Read more
Wealthy individuals move in specific circles, whether it is their professional circle with business partners and colleagues or their social network with friends and family. A recent study by Wealth-X digs deep into the social network of the world’s wealthy and reveals that the typical wealthy individual is connected to 7 other ultra high net worth … Read more
Focus on the Caribbean. The Caribbean is an exciting and dynamic region that provides an attractive investment opportunity for UHNW individuals. The Caribbean ultra high net worth (UHNW) population increased by 2.1% last year on the strength of a resurgent regional economy and attractive luxury real estate property markets, which saw sales rising by over 11% globally, … Read more