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 capital is home to 1,000 ‘family offices’, made up of lawyers and financiers who service every need of the super-rich
Astronomic rents and zero public housing keep the haves and have-nots apart in the exclusive Uruguayan coastal city. So is this dystopian ‘paradise’ preempting the path on which other global cities are set?
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
The next 10 years in Wealth & Luxury. Where wealth is generated, spent and saved will shift. In the next 10 years, the way wealth is used by the newly wealthy will adapt and change in emerging markets. The rise in discernment among the world’s wealthy will not only affect the brands they buy, but … Read more
Working on a superyacht is the dream job for many young Britons. Their life below deck is surreal, funny and sometimes downright disturbing. Ed Cumming reports from Antibes