NEWS & ARTICLES TAGGED

MONEY

2013 Trends on Attitudes of the Ultra Affluent: Where, How & Why They Spend

Mar 12, 2013  |   Contributor: Susan Kime  |  1 Comment

As with any news of how ultra high net worth is being defined and distributed in the world, there is good news and challenging news—and the latest Knight Frank Wealth Report 2013 has both.... Read More

The Philosophy, Paradox, and Poetry of Affluence Research Data

Feb 14, 2013  |   Contributor: Susan Kime

On February 4 of this year, David Brooks, The New York Times columnist and NPR commentator, who spends a lot of his visual and verbal time discussing the actions of the President and Congress, wrote about something in our area, which was a surprise. Called The Philosophy Of Data, his essay discusses what he sees as "the rising philosophy of the day" which he calls data-ism. It is, in his words, "the assumption that everything that can be measured should be measured; that data is a transparent and reliable lens that allows us to filter out emotionalism and ideology; that data will help us do remarkable things—like foretell the future."... Read More

The Super Rich, Young Financiers Shaking Up the Film Industry

Jan 29, 2013  |   Contributor: James Rothaar  |  1 Comment

There is no business like show business, especially if you are extremely wealthy and want to be a deal-making executive producer. The studios are very receptive to qualified check-writers. It is a match made in Hollywood that appears to be working well for the studios, the filmmakers, and the young, new moguls. So far, they are picking some very good projects to invest in and, surprisingly, do much more than be "dumb money."... Read More

A New Economic Morning | Emerging Markets, Fiscal Cliffhangers & the Luxury Consumer

Jan 7, 2013  |   Contributor: Susan Kime  |  1 Comment

On December 23, 2012 while many were out doing last minute holiday crisis shopping, a Financial Times article was published that discussed the new, complex nature of the state of luxury fashion. The reason this article is so compelling is that, arguably, some of the concepts presented can be expanded to clarify issues regarding the state of our own economy, and how the luxury segment may be affected by the Fiscal Cliff.... Read More

Who is the Top Money Making Star of 2012?

Jan 3, 2013  |   Contributor: James Rothaar  |  1 Comment

Actor Denzel Washington was voted the Top Money-Making Star of 2012 in the 81st running of the Quigley Poll by the Quigley Publishing Company. The poll tallies votes from motion picture theater owners and film buyers to determine which actor was responsible for driving the most traffic to movie theaters for the year.... Read More

How to Tip on a Cruise

Dec 5, 2012  |   Contributor: Sally Farris

Most luxury cruises either automatically include gratuity on a passenger’s tab, or provide a suggested tip amount for each staff member. Prepaid tipping is also increasingly common on cruise ships, though passengers are usually allowed the option of freely adjusting their tipping percentage at the ship’s service desk. Altogether, the average suggested total gratuity ranges between $10 and $17 per passenger, per day, according to Frommer's.... Read More

Which Country is Most Densely Populated by Ultra High Net Worth Individuals?

Oct 31, 2012  |   Contributor: James Rothaar

Monaco is the country most densely populated by ultra high net worth individuals. Fifty-five of these super-wealthy types can be found per 10,000 citizens in the principality. The information stems from a report provided by Wealth-X, which cites the 10 countries with highest density of ultra high net worth individuals among a country’s citizenry.... Read More

The Survey Of Wealth and Affluence in America, Q4 | Holiday Forecasting

Oct 24, 2012  |   Contributor: Susan Kime

The Survey Of Wealth And Affluence has been in existence for seven years, and details the nuances of lifestyle and spending patterns of three groups of Americans. It is produced by American Express Publishing, and the Harrison Group, a YouGov company.... Read More

Billionaires Show Off Their Philanthropic Sides

Sep 28, 2012  |   Contributor: JustLuxe Team  |  1 Comment

Bill Gates has been seen as the archangel of billionaires over the years, donating $28 billion to date to deserving charities and organizations. But in between dropping serious cash on the necessities—flashy cars they don’t drive, houses they never live in and clothes they probably look ridiculous in—plenty of other billionaires around the world are throwing certain percentages of their earnings to those in need.... Read More

Checking in With America's Richest Techie Billionaires

Sep 26, 2012  |   Contributor: JustLuxe Team  |  1 Comment

I have some bad news: Mark Zuckerberg is only worth $9.4 billion now. And before you ask why that would ever be a bad thing, consider he lost just over $8 billion after making Facebook public in May. A moment of silence for his loss. Now that that’s behind us let’s talk about some more highlights from Forbes 400 richest Americans list.... Read More

Weird Billionaire Buys

Sep 25, 2012  |   Contributor: Tara Imperatore  |  1 Comment

The question is always being thrown around: “If you won the lottery, what is the first thing you would buy?” The normal answers: a house for my parents; a private jet to travel the world; my favorite professional sports team. The world’s billionaires didn’t make their heaps of cash playing scratch offs, but they certainly know how to indulge in some interesting guilty pleasures — because if money can’t buy extravagant, unnecessary nonsense, what is it good for?... Read More

Asia to Have Nearly 3 Million Millionaires by 2015

Sep 19, 2012  |   Contributor: JustLuxe Team  |  1 Comment

Though many in the States are suffering from the current economic crisis, not everyone around the world is feeling the same impact. A recent report stated that Asia continues to produce more and more millionaires, and will eventually result in the wealth of those high net worth persons with assets totaling $1 million or more to triple in by 2015.... Read More

Interview With Lynel Brown Berryhill, Vice President of Brown Safes

Sep 13, 2012  |   Contributor: Susan Kime  |  2 Comments

If there ever has been two complimentary instincts in humans, they are to acquire, then to protect the acquisition. Safes have been in existence for as long as people had products they felt needed protection. And, as the high-end acquired assets as the world was becoming more unstable, the luxury safe business grew. Today, it is booming.... Read More

Luxury Real Estate Prices Reach All New Heights

Sep 11, 2012  |   Contributor: Sophie Doran  |  1 Comment

When it comes to auctions, its not just post-war paintings that are setting new records. The luxury end of the property market is positively booming in London, New York, Hong Kong and Dubai.... Read More

The Art & Worth of the Residence | Another Dimension of Passion Investing?

Sep 7, 2012  |   Contributor: Susan Kime  |  2 Comments

In Alain de Bouton's exceptional book, The Architecture Of Happiness, he argues that the idea of home relates to our own prized internal song. The concept of home, or residence, can be anywhere, but it must serve as a refuge "to shore up our states of mind,” and we need rooms “to align us to desirable versions of ourselves, and keep alive the evanescent sides of us."

... Read More

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