Despite uncertainties in economic conditions, the appetite for wealthy collectors remains robust as individuals turn to tangible investments such as cars and paintings, which are likely to appreciate in value, said an industry expert.
The number of ultra-high-net-worth individuals (UHNWIs) - those with $30 million or more in net assets - declined by 3 per cent worldwide last year (2015), a report said.
There are now around 187,500 UHNWIs around the world, down
The number of ultra high net worth individuals (UHNWIs) in Africa will increase by 53 per cent taking the total to 2,858 by 2023, a report said.
The number if multi-millionaires in Africa will grow at a faster rate than anywhere e
The number of ultra high net worth individuals (UHNWIs) in the Middle East is likely to increase 35 per cent in the next 10 years, a new study has said.
The region's UHNWI population, people who have more than $30 millio
Royal Penthouse Suite at the Hotel President Wilson Geneva, Switzerland is the world's most exclusive hotel suite for people with deep pockets, according to a recent study.
The study was conducted by Wealth-X, the world’