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
A missile silo converted into a 15-storey luxury subterranean apartment complex could be a taste of what lies in store in cities around the world
The billionaire boom of the past five years has now undergone a natural correction. Report. Billionaires are transforming the business of global philanthropy. Billionaire-controlled companies have returned almost twice the average market performance over the past 15 years. This is one of the findings of the annual UBS and PwC Billionaires Insights report, … Read more
Big fall in wealth in China as combined fortunes of ultra-rich dips for first time since financial crisis, says UBS