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5 mins read
Investing is an art and the ultra rich are showing us how
The art of investing lies in art itself. As per the latest KnightFrank report, the annual returns t…
2 mins read
India's super rich put 17% of investable wealth in luxury items says Knight Frank
The Indian ultra-rich allocate 17 per cent of their investable wealth towards luxury items, with ma…
PTI
3 mins read
9 in 10 super-rich Indians get richer in 2022, confident of minting money in 2023 too: Knight Frank
The report by Knight Frank found that around 35% of Indian UHNIs saw their total wealth grow by ove…
2 mins read
Here are the top ways the world's ultra-rich spent their money last year, including pouring $455 billion into commercial real estate
High-end collectors also jumped back into the luxury goods market, sparking more investments in rar…
Morgan Chittum
3 mins read
The Titan disaster has actually sparked more interest from the super-rich in extreme adventures, the founder of a luxury travel company says
Philippe Brown said that "most" of his company's ultra-wealthy clients included visiting the Titani…
Grace Dean
3 mins read
From buying sports teams to picking a hedge fund, here's how the uber rich take outsourcing wealth to a new level
These money managers fly under the radar, but their investment decisions range from buying sports t…
Aaron Weinman
4 mins read
Where the ultra-wealthy summer Hamptons set is heading after Labor Day this year
Typically, this is the time of year when the Hamptons empty out. But this year, overall, the post-L…
Alix Langone
3 mins read
Manhattan Condos Are The New Swiss Bank Accounts For The World's Super-Rich
... while New York real estate has significant drawbacks as an asset-it's illiquid and costly to ma…
Megan Willett
2 mins read
It's a great time to buy a Hong Kong mansion from the cash-strapped elite
Some upscale properties sold in the first half of the year for up to 50% off 2018's peak prices, pe…
Lian Kit Wee
2 mins read
Almost 630,000 people worldwide are now worth at least $30 million, Knight Frank says
Knight Frank's latest wealth report shows the global number of ultra-high-net-worth individuals inc…
Theron Mohamed
5 mins read
Wall Street is loving AI while Big Tech is warning employees about how they use it
In today's big story, we're looking at Wall Street's love affair with Nvidia (and AI) while Big Tec…
Dan DeFrancesco
2 mins read
OpenAI's 37-year-old CEO bet $180 million on a little-known biotech startup that's trying to help people live 10 years longer
OpenAI CEO Sam Altman is backing the mysterious longevity startup Retro Biosciences, according to M…
Yeji Jesse Lee
4 mins read
JPMorgan's Jamie Dimon just sounded off on what it takes to be a good CEO
JPMorgan's Jamie Dimon used a question about the bank's succession plans to talk about what makes f…
Dan DeFrancesco
3 mins read
Wealthy Americans are buying second passports as a 'plan B' for their families, citing the pandemic, climate change, and political turmoil
US billionaires, crypto investors, and celebrities are spending millions on European passports to s…
Hannah Towey
4 mins read
We mapped out the key cloud partnerships on Wall Street
We mapped out the key cloud partnerships between top financial firms and the biggest providers in t…
Dan DeFrancesco,Jordan Parker Erb
4 mins read
As energy experts come to grips with the 'black swan' coronavirus and plunging oil, 4 of them share their outlook for the struggling industry - and assess the economic fallout
Credit agencies are now cutting their ratings on energy companies, many of which are heavily indebt…
Rebecca Ungarino
6 mins read
Why material is an important factor when shopping for a rug
In addition to size and style, rug material is an important characteristic to consider. Get familia…
Wendy Vazquez
3 mins read
An investor who's collected art for 20 years shares his strategy that makes it 'very unlikely' you lose money - and explains how he's making masterpieces accessible starting at $20
It showed that art has a near-zero or negative correlation to most asset classes, meaning that its …
Akin Oyedele
5 mins read
AOC is right: Inflation is solved. That's why central banks are doing the unthinkable - cutting rates when we've got full employment and the Dow at 27,000.
"In countries with fiscal space, it should be used more forcefully to boost sustainable growth, esp…
Jim Edwards
5 mins read
Credit Suisse Refuses To Abandon Its Money Losing US Brokerage Business
Under Vasan, who spent much of the last decade dealing with hedge-fund tycoons and previously direc…