Party on the helipad! My day sipping champagne with the superyacht set
Basketball courts, recording studios, deep-sea submarines, helipad party decks … our writer gets a taste of the latest must-have accessories in superyacht design
ultra high net worth individuals
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
The United States is the most popular location for second homes among the ultra wealthy, followed by the United Kingdom and Switzerland
Gain insight into investment strategies of the UHNW population. Luxury home buying has become a truly global enterprise. An increasing number of ultra high net worth (UHNW) individuals are buying non-traditional homes outside their domiciles according to a new study by Wealth-X and the Sotheby’s International Realty. The Wealth-X and Sotheby’s International Realty reports look … Read more
Billionaires have more connections than their wealthy brethren
Wealthy individuals move in specific circles, whether it is their professional circle with business partners and colleagues or their social network with friends and family. A recent study by Wealth-X digs deep into the social network of the world’s wealthy and reveals that the typical wealthy individual is connected to 7 other ultra high net worth … Read more
Luxury residential properties are seen as ‘Opportunity Gateways,’ says UHNW Luxury Real Estate Report
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