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  1. Value of luxury must be clearly demonstrated, genuinely felt by wealthy to retain loyalty Open to all readers
  2. UAE still poised for growth in post-conflict era: report Open to all readers
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  6. How HNWIs are reshaping portfolios, providers and luxury adjacent spending in UK, US and China: report
  7. Price becomes primary battleground for this year
  8. L’Oreal closes transaction to buy House of Creed, Kering Beauté for $4.6B
  9. Which global cities are creating the best opportunities for investors, occupiers?
  10. British brokerage Savills to buy real estate bank Eastdil Secured for $1.1B
  1. Heading into 2025, 3 out of 5 luxury travelers are women
  2. Why brands missed the moment on social 
  3. British brokerage Savills to buy real estate bank Eastdil Secured for $1.1B
  4. Which global cities are creating the best opportunities for investors, occupiers?
  5. Global art sales up 4pc to $60B in 2025 after two years of decline: report
  6. Register now for the No. 1 luxury women leaders conference
  7. LVMH entices future talent in creative, craftsmanship and customer experience through maison exhibition
  8. Value of luxury must be clearly demonstrated, genuinely felt by wealthy to retain loyalty 
  9. 68pc of small business owners to up marketing budgets in 2026
  10. How HNWIs are reshaping portfolios, providers and luxury adjacent spending in UK, US and China: 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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  1. Heading into 2025, 3 out of 5 luxury travelers are women
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  5. Global art sales up 4pc to $60B in 2025 after two years of decline: report
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