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
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
Trends driving buying decisions of ultra-high net worth individuals around the world. As the wealth of UHNWI grows, so will their investment fueled by various motivations. Buying a second or third home is a popular activity for ultra high net worth (UHNW) individuals – 79% own at least two homes, and 53% own three or … Read more
Opportunities for wealth creation: First-hand investment perspectives. Big fans of properties and luxury goods, the extra 5,200 ultra high-net-worth individuals (UHNWIs) gained last year on an international scale, translates into plans to buy more high-end items and uber-investments. Political and economic fluctuations, growing wealth in emerging markets and the sophistication of clients intervene in the … Read more
The combined fortune of the ultra-wealthy has doubled since 2009, and their property portfolio typically includes a £22m London home
Statistical Profile of the Hong Kong UHNWI Against the backdrop of a red hot premium property market, Hong Kong‘s ultra wealthy population holds US$43 billion worth of real estate assets, representing 9% of the total net worth of its UHNW population, according to the lastest study released by Wealth-X, a provider of detailed intelligence on … Read more