Michele Ferrero, Leonardo Del Vecchio and Giorgio Armani top the list of Italian billionaires Top 10 Wealthiest Italians The collective wealth of the top 10 wealthiest Italians stands at US$88 billion, which comprises 40% of the combined net worth of the Italian UHNW population. In particular, fashion moguls constitute half the list and represent … Read more
Year Of The Snake Predictions For China’s Ultra Wealthy China’s ultra high net worth (UHNW) population is expected to increase by 9% to 12,250 in 2013 while the combined net worth of these UHNWIs will rise by 8% to reach US$1.7 trillion. The most significant increase is expected to be in the number of Chinese private … Read more
List Of Top 10 UHNW British Executives Combined Net Worth Of Wealthiest British Executives Stands At US$50 Billion With an estimated net worth of US$15.8 billion, Lakshmi Mittal, chairman and CEO of ArcelorMittal, topped the list of Top 10 executives in the United Kingdom compiled by Wealth-X, a provider of detailed intelligence on ultra high … Read more
Top 10 Wealth Density Countries Monaco Tops First Ultra High Net Worth Wealth Density List While 60% of the top 10 Wealth Density Countries are in Europe, a surprising 30% are located in Asia. Traditional wealth centres dominated as Monaco took top spot with 55 UHNWIs to be found per 10,000 citizens. The dominance continued … Read more
Chinese luxury spend Set to accelerate Asian ultra high net worth (UHNW) individuals wealth is expected to grow by 7.9% annually for the next five years with China contributing to the bulk of this growth, according to the Wealth-X World Ultra Wealth Report 2012- 2013, a provider of detailed intelligence on ultra high net worth … Read more
World UHNW Population Loses US$480 Billion: Wealth-X Released World Ultra Wealth Report 2012-2013 The world’s ultra wealthy population grew by 0.6% to reach 187,380 and their combined wealth shrank by 1.8% to reach US$25.8 trillion, according to the latest edition of “World Ultra Wealth Report” released by Wealth-X, the ultra high net worth (UHNW) business … Read more