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  1. Sotheby’s, seeking to grow collector base, will turn wines and spirits festival global for sector dominance Open to all readers
  2. Singapore, Italy, Switzerland, Greece, Hong Kong and New Zealand top list of attractive destinations for global mobile wealthy: report
  3. Can luxury brands win at performance marketing without losing their mystique? Open to all readers
  4. How sustainable solutions, responding to market concerns, can protect long-term yacht value
  5. 6 forces shaping commercial real estate in mid-2026: analysis
  6. India’s most valuable family businesses are now worth $1.46 trillion: report
  7. Understanding UHNW at the level of behavioral psychology
  8. Philanthropic priorities will change as women on track to overtake men in charitable giving
  9. Luxury, after analyzing Q2 earnings, no longer faces a broad-based slowdown
  10. Market optimism up among wealthy despite inflation concerns: survey
  1. Singapore, Italy, Switzerland, Greece, Hong Kong and New Zealand top list of attractive destinations for global mobile wealthy: report
  2. Sotheby’s, seeking to grow collector base, will turn wines and spirits festival global for sector dominance 
  3. North America takes lead for new luxury store openings, New York regains top spot: report
  4. Understanding AI’s role in a golden age of audio marketing creativity
  5. Podcast: How rapidly evolving luxury consumer behavior is impacting real estate 
  6. Growth that works today is not always the growth that builds tomorrow
  7. Longevity, accelerating wealth transfer making family finances more complex for HNW and UHNW US consumers: report
  8. In 2024, expect more of the same in China. Now is the time to optimize
  9. Canada’s Joseph Ribkoff pivots from wholesale-driven fashion biz to balanced omnichannel model 
  10. UAE still poised for growth in post-conflict era: report 
Comment

Wealth management

Global UHNWI number up 4.2pc, millennials to be richest gen ever in 20 years, art best-performing asset class in 2023: Wealth Report

February 28, 2024

Dubai is a consistent favorite of expats looking for a Western lifestyle without taxes, hence pushing up prices of luxury properties in the emirate Dubai is a consistent favorite of expats looking for a Western lifestyle without taxes, hence pushing up prices of luxury properties in the emirate

 

By Mickey Alam Khan

The number of ultra-high-net-worth individuals (UHNWIs) worldwide rose 4.2 percent in 2023 to 626,619 from 601,300 a year earlier, more than reversing the decline witnessed in 2022.

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MOST READ
  1. Singapore, Italy, Switzerland, Greece, Hong Kong and New Zealand top list of attractive destinations for global mobile wealthy: report
  2. Sotheby’s, seeking to grow collector base, will turn wines and spirits festival global for sector dominance 
  3. North America takes lead for new luxury store openings, New York regains top spot: report
  4. Understanding AI’s role in a golden age of audio marketing creativity
  5. Podcast: How rapidly evolving luxury consumer behavior is impacting real estate 
  6. Growth that works today is not always the growth that builds tomorrow
  7. Longevity, accelerating wealth transfer making family finances more complex for HNW and UHNW US consumers: report
  8. In 2024, expect more of the same in China. Now is the time to optimize
  9. Canada’s Joseph Ribkoff pivots from wholesale-driven fashion biz to balanced omnichannel model 
  10. UAE still poised for growth in post-conflict era: report 


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