Wealth

The projections in a recent Knight Frank wealth report suggest a significant rise in China’s ultra-wealthy population, reaching 144,897 individuals by 2028. This surge is occurring amidst a challenging economic landscape and slowed growth in the country. Where are these affluent individuals choosing to park their wealth? Wealth managers have noted a conservative approach among
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Recent research indicates that the United Kingdom is set to experience a record number of millionaires leaving the country in 2024. The Henley Private Wealth Migration Report predicts a net loss of 9,500 high-net-worth individuals, which is more than double the previous year’s figure. This trend of millionaires emigrating from the UK has been steadily
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The population of crypto millionaires has seen a staggering 95% increase over the past year, with a total of 172,300 individuals now holding more than $1 million in crypto assets. This surge in wealth can be attributed to the rise of bitcoin exchange-traded funds and other crypto assets, which have experienced significant growth in recent
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Bernard Arnault, founder and CEO of LVMH and the world’s fourth-richest person with a net worth of $184 billion, is making waves in the tech industry. Through his tech-focused venture firm and family office, Aglaé Ventures, Arnault has made significant investments in artificial intelligence (AI) companies. These investments, totaling more than $300 million, have caught
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In an ongoing family feud within the Murdoch family, Nevada has emerged as a significant player in the realm of family trusts and wealth protection. Legal industry rankings now place Nevada as the leading state in the country for asset-protection trusts, showcasing its allure as a hub for safeguarding substantial fortunes. Nevada boasts a unique
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