China’s Shenzhen metropolis sees fastest growth in millionaires globally
In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth...
In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth...
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia-Pacific spending waned.
Last year, while combined public auction sales for Sotheby's, Christie's and Phillips fell by 19%, private sales rose.
With their large wealth and small staffs, family offices have become lucrative targets for hackers and cybercriminals, experts say.
The mass wealth migration to Florida from New York and other high-tax states has created record demand for household staff in elite Florida enclaves.
The list includes books on effective communication, AI, Formula One, whiskey, hidden vacation spots and the art collection of Alicia Keys and Swizz Beatz.
Aston Martin has overhauled manufacturing, shored up its financials and is now launching a fleet of new products defined by high performance.
America's millionaire population grew 7.3% in 2023 to 7.43 million people, according to a Capgemini report. Their combined fortunes grew to $26.1 trillion.
Investing directly allows them to contribute their expertise and management advice to the portfolio companies, as well as their capital.