Wealth

A recent UBS survey highlights intriguing findings about millionaire investors’ voting intentions and their perceptions of the economy as the U.S. heads towards important elections. The survey, which polled 971 individuals possessing a minimum of $1 million in investible assets, reveals a notable inclination towards Vice President Kamala Harris, with 57% indicating their intent to

Family offices, the private investment entities that serve affluent families, are displaying unprecedented optimism in the wake of shifting monetary policies. A recent survey conducted by Citi Private Bank indicates that these entities are ready to reinvest substantially into the market, particularly now that indications suggest the Federal Reserve may start easing interest rates. With

The affluent strata of society has been dramatically transformed over the past ten years, as revealed by recent findings from New World Wealth and investment migration experts Henley & Partners. A steep increase in the number of centimillionaires, individuals holding a staggering $100 million or more in investable assets, has redefined the landscape of wealth

As the political landscape in the United States becomes increasingly polarized, the implications for wealth transfer and estate planning are profound, particularly among high-net-worth individuals. The potential for a change in government—and consequently, tax policies—has prompted a flurry of activity among wealthy investors eager to optimize their financial legacies. With heightened concerns regarding the impending

The ultra-wealthy population in China, those individuals with a net worth of at least $30 million, is projected to increase by almost 50% in the coming years. Despite facing economic headwinds and slowing growth, the number of wealthy Chinese is expected to swell to 144,897 by 2028 from 98,551 in 2023, according to a recent

The United Kingdom is facing an alarming trend as a record number of millionaires are expected to leave the country this year, according to new research. The upcoming general election is predicted to further exacerbate this exodus, with significant implications for the country’s economy and overall wealth distribution. The Henley Private Wealth Migration Report highlights

In a surprising turn of events, Burberry Group, the British luxury fashion house, has dropped out of the U.K.’s FTSE 100 stock market index, marking the end of a 15-year tenure in the blue-chip index. This move comes amidst a series of management changes and plummeting sales, signaling significant challenges for the 168-year-old retailer. Burberry,

Back in 1916, newspapers around the United States were abuzz with news of the world’s first billionaire. It was a milestone that seemed unattainable until Standard Oil’s share price soared to $2,014, making John D. Rockefeller a likely candidate for billionaire status. Fast forward to the present day, and the world is now fixated on

As sports team values continue to soar into the billions, team owners are facing new challenges when it comes to succession planning. The average age of team owners is rising, with many owners in their 70s and beyond. This poses a critical issue for owners who are looking to pass down their assets to the

The world has witnessed a staggering 95% increase in the population of crypto millionaires over the past year. According to a report from New World Wealth and Henley & Partners, there are now 172,300 individuals worldwide who hold more than $1 million in crypto assets. This significant surge marks a substantial growth from the 88,200