The typical Middle Eastern UHNWI is not an oil baron

Statistical Profile of the Middle Eastern UHNWI For most ultra high net worth individuals (UHNWIs) in the Middle East, the oil sector is not the source of their wealth, says Wealth-X’s “Profile of the Middle Eastern UHNWI”, a a statistical profile of the average Middle Eastern ultra high net worth individual (UHNWI) based on proprietary … Read more

Global Top 13 female self-made future billionaires

Chinese Online Gaming Co-Founder Most Likely To Become Next Female Billionaire Qianqian Luo , who is co-founder of Shanda Interactive Entertainment, is most likely to be the next female billionaire with a net worth of US$910 million, according to Wealth-X’ “Top 13 Female Self-Made Future Billionaires” list. Marissa Mayer , Silicon Valley’s golden girl and … Read more

Fashion moguls constitute half the list of top 10 Italian billionaires

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

Top 10 executives in the United Kingdom

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 countries with the highest density of ultra high net worth individuals

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

Trends in luxury consumption in China

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