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
Wealth-X Luxury Sentiment Survey Report. The Luxury Industry Sentiment Index (LISI) – which gauges the level of optimism among luxury industry professionals – has registered an 8% increase since the start of the year, recovering from a slump over the past two quarters, according to The quarterly Wealth-X Luxury Sentiment Survey polls senior-level executives from … Read more
Only a small fraction of the global UHNW population possess a high enough net worth to afford a 30-metre superyacht, which has an average price tag of US$10 million (before maintenance, fuel and other expenses), according to a special report released by Wealth-X ultra high net worth (UHNW) intelligence. Due to the high cost of … Read more
First Global Census Shows Record of 2,170 Billionaires Worldwide. The global billionaire population reached a record 2,170 individuals in 2013 and total billionaire wealth in Asia surged nearly 13 percent, making it the fastest-growing region, according to the inaugural Wealth-X and UBS Billionaire Census 2013. At current growth rates, the Wealth-X and UBS Billionaire … Read more
London and Paris are Europe’s UHNW Cities. Nearly Half of Top 10 UHNW Cities Are in America. New York, Los Angeles and San Francisco are among the top 5 in Wealth-X‘s list of the world’s cities with the highest concentration of ultra high net worth (UHNW) individuals, defined as those with total net assets … Read more
World’s ultra wealthy population reaches all-time record. During the past year, the world’s UHNW population reached an all-time high of 199,235 individuals and a combined wealth of US$27.8 trillion, according to latest Wealth-X and UBS World Ultra Wealth Report dedicated to the most commercially significant segment today – the ultra wealthy. The total wealth … Read more