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  1. Presentations + Sponsor Information from Luxury Roundtable and Luxury Marketer’s Luxury Real Estate and Design Summit 2026 October Open to all readers
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  3. Announcing Luxury Marketer’s Luxury Women Leaders to Watch 2027 Open to all readers
  4. Nearly 50pc of companies now generate value with AI: report
  5. Rise of experiential luxury in India Open to all readers
  6. Yachting: Sea of sameness?
  7. Gen Z, Millennial donors bring new approach to giving: report
  8. Only 2 weeks left! Register now for Luxury Real Estate and Design Summit New York Open to all readers
  9. Zurich, Tokyo have highest global housing bubble risk: report
  10. Two silent killers of luxury
  1. The Hyderabad Paradox: Where India’s fastest-growing luxury demand has run ahead of its infrastructure
  2. Questionable returns behavior becoming increasingly commonplace among US shoppers: report
  3. AI engines replacing search as starting point for affluent travel research: report 
  4. Marketing needs to catch up to consumer usage of AI
  5. Presentations + Sponsor Information from Luxury Roundtable and Luxury Marketer's Luxury Real Estate and Design Summit 2026 October 
  6. State of the art market: US remains No. 1 for transactions as global sales drop 4pc to $65B amid slowdown
  7. In 2024, expect more of the same in China. Now is the time to optimize
  8. Rise of experiential luxury in India 
  9. Canada’s Joseph Ribkoff pivots from wholesale-driven fashion biz to balanced omnichannel model 
  10. US luxury homes still moving faster than a year ago across every tier: 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. The Hyderabad Paradox: Where India’s fastest-growing luxury demand has run ahead of its infrastructure
  2. Questionable returns behavior becoming increasingly commonplace among US shoppers: report
  3. AI engines replacing search as starting point for affluent travel research: report 
  4. Marketing needs to catch up to consumer usage of AI
  5. Presentations + Sponsor Information from Luxury Roundtable and Luxury Marketer's Luxury Real Estate and Design Summit 2026 October 
  6. State of the art market: US remains No. 1 for transactions as global sales drop 4pc to $65B amid slowdown
  7. In 2024, expect more of the same in China. Now is the time to optimize
  8. Rise of experiential luxury in India 
  9. Canada’s Joseph Ribkoff pivots from wholesale-driven fashion biz to balanced omnichannel model 
  10. US luxury homes still moving faster than a year ago across every tier: report


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