An in-depth analysis of the evolution of HNWI in Brazil Fendi store Sao Paulo, Brazil Ledbury Research has released three new reports which explore the spending habits and trends of high net worth individuals in Brazil, and present a detailed analysis of opportunities, trends, and challenges for organizations involved with wealth management, retail, and services. A new generation of young entrepreneurs are leading Brazil’s wealth revolution. In the latest release of its Wealth Segment … [Read more...]
Google, Facebook challenge global banks, Lorre White
August 24, 2013 by
“The competitors of tomorrow will not be large scale banks, they will concentrate on the single aspects of retail banking – it is akin to guerilla warfare,” Farhad Irani, the head of retail banking at Middle Eastern Bank Mashreq, the largest private bank in the UAE, said. Photo: Reuters SHAUN DRUMMOND The chief threats to global banks’ business model come from internet giants like Google and Facebook seeking to capture customer transaction data, and telcos moving into the payments space, … [Read more...]
Lorre White celebrates the 5 most expensive sleeps on the planet!
July 12, 2013 by
5 of the most expensive places to stay in the world Have you ever wondered where the world’s most affluent people stay when they go on vacation? It’s no secret that an unlimited budget can take you anywhere in the world, but what are some of the world’s most exclusive accommodations? The following are 5 of the most luxurious places to stay in the world: Villa Bellissima VI, Tuscany Price: $19,570 per night This 800- year old farming village sits on a rural … [Read more...]
Lorre White celebrates 12 US ‘Badass’ Inventions that Changed History!
July 5, 2013 by
Yesterday America's 237th birthday -12 'Badass' American Inventions that Changed History! The United States of America has been pumping out badass technology since the 18th century. In honor of Independence Day and the land of opportunity's 237th birthday, we've gathered a small sampling of some of the most important, iconic and overall awesome American inventions throughout history. @ Max Knoblauch From rockets to Roombas the robot vacuum, swivel chairs to Macintosh computers, … [Read more...]
Hong Kong and India lead in growth of wealthy population, Lorre White
June 25, 2013 by
According to the World Wealth Report 2013, released by Capgemini and RBC Wealth Management, the investable wealth of the world’s high net worth individuals (HNWIs) rebounded in 2012, growing by 10 per cent to reach a record high of $46.2 trillion, after declining 1.7 per cent in 2011. As many as one million individuals joined the global HNWI population, which reached 12 million, reflecting an increase of 9.2 per cent. In 2012 North America’s population of 3.73 million HNWIs surpassed the … [Read more...]
Luxury goods in China Beyond bling, Lorre White
June 10, 2013 by
Luxury goods in China Beyond bling “IT WAS an amazing golden age,” reflects Guillaume Brochard of Qeelin, a Chinese jeweller. From 2007 to 2011 many luxury-goods firms enjoyed double-digit annual growth in China, which became their most important market. The first blows came last year, with an economic slowdown and jitters about the political transition. Now, a crackdown on corrupt gift-giving and a populist backlash against ostentation have added to the woes. The outlook for … [Read more...]
Lorre White, E-commerce of China, 2.8 Trillion RMB by 2016
June 7, 2013 by
E-COMMERCE IN CHINA WORTH 2.8 TRILLION RMB BY 2016 240,000 RMB (US$40,000) – this is how much Chinese online shoppers spend online per second. And this astronomical figure is still growing. More than any other country in the world, China has 242 million online shoppers already, or approximately 43% of total Internet users. This online consumer population is twice as big as that of Japan, and 75 million more than that of the US. Web agency Go-Global forecasts this population of … [Read more...]
Lorre White, Road to Riches: Tracking the Journey of Global Superwealthy
May 28, 2013 by
Road to Riches: Tracking the Journey of the Global Superwealthy How Rich is Rich? While nearly 1 in 2 people on this planet have a net worth of less than $10,000, a select few are worth more than a million dollars. And an even more select group is worth a billion or more. The editors at Best Value Schools decided to research the topic of: Composition of net worth around the world - >$1 million - 29,000,000 - $100,000-$1 million - 344,000,000 - $10,000-$100,000 - 1,035,000,000 - … [Read more...]
Lorre White celebrates 2013 Alpari World Match Racing Tour
May 18, 2013 by
Day two of Match Race Germany, the opening event of the 2013 Alpari World Match Racing Tour Lake Constance remained well behaved for day two of Match Race Germany, the opening event of the 2013 Alpari World Match Racing Tour. A light sub-10 knot northwesterly blowing down the lake allowed Rudi Magg’s race management team to hold eight flights, leaving all 12 teams having sailed nine races of this Qualifying stage of the event. The closeness of the competition off Langenargen is evident … [Read more...]
