The super-rich: another 31,000 people join the ultra-wealthy elite
Ranks of those worth over $30m swell to 513,000 despite global growth slowdown
UHNWI
‘A pool in the basement is a clear marker of wealth’: how the super-rich are digging down
In London’s richest boroughs vast subterranean enclaves are being carved out over several floors to house cars, wine, saunas and private nightclubs. How did underground living – once associated with poverty and disease – become an investment scheme for the uber-wealthy?
London to remain a ‘magnet for global superrich despite Brexit’
UK capital will continue to pull millionaires and billionaires from Asia and Middle East, says report by property consultants
The global market of new boats. Italy is the second largest boat producer in the world. Study.
The market of sailing boats is worth 2.1 billion euro, 74% of the value is represented by the boats in between 12 and 30 m. The global market of new boats has a value of 19 billion Euro, according to estimates made by Deloitte and Altagamma for the year 2015, with about 800 thousands boats sold … Read more
A rapidly changing face of luxury: The world’s ultra wealthy and the luxury yachting sector. Report
A superyacht is the ultimate platform of luxury. How the shifting sands of wealth and luxury affect trends in yachting. With an average price tag of US$10 million, a superyacht is a luxury item owned and enjoyed by the ultra wealthy. A new, younger generation of Ultra High Net Worth Individuals (UHNWI) is increasingly focused … Read more
What objects of desire UHNWIs around the world are buying
Investments of passion performance and global luxury spending trends. Luxury is getting a makeover, all at the speed of social media. The consumer of “luxury” is increasingly digitally-savvy, time-sensitive, socially aware, and more and more concerned about sustainability. The industry surpassed €1 trillion in retail sales value in 2015 and delivered healthy growth of 5% … Read more