WealthInsight in the News:
7 March 2013
With an increase in providers of high net worth insurance in recent years, wealthy customers have plenty to choose from. What can firms do to stand out from the crowd?
5 March 2013
Prince Alwaleed bin Talal Al Saud is annoyed.
26 Feb 2013
Speculation is rife in anticipation of this week’s Budget speech. Will Finance Minister Pravin Gordhan announce tax increases? Might the tax rate for personal income above R617 000 increase to 42 percent? Might it even return to 45 percent for the portion of income exceeding R1 million?
19 Feb 2013
WealthInsight has published a fascinating report on US UHNWs (net worth above $30 million). Based on a sample of 16,000, they have dissected the shape and size of their fortunes from 2007 to 2011.
15 Feb 2013
During the 1990s and early 2000s wealthy foreigners flooded into Cape Town, buying second homes in the big 5 holiday hotspots: Fresnaye, Bantry Bay, Llandudno, Clifton and Camps Bay, and pushing prices in these areas up to levels that made them unaffordable even for the wealthiest locals.
14 Feb 2013
Ever since I began tracking gift trends and ideas for Valentine's Day, I am yet to come across a person who has been given a home as a gift.
8 Feb 2013
In March 2010, Ibrahim Ibrahimov was on the three-hour Azerbaijan Airlines flight from Dubai to Baku when he had a vision. “I wanted to build a city, but I didn’t know how,” Ibrahimov recalled. “I closed my eyes, and I began to imagine this project.”
7 Feb 2013
The number of high-net worth individuals in Turkey is expected to increase strongly by 2017, according to Wealth Insight, as the country continues its strong economic performance relative to European peers.
5 Feb 2013
There are just over 94,000 HNWIs in Turkey in 2012. These HNWIs hold US$500 billion in wealth which equates to 43% of total individual wealth held in the country.
31 Jan 2013
Almost 40 years ago, in 1973, Liberty Life and its founder Donald Gordon (‘Donnie’) built what would become one of the most successful and innovative buildings in the world, a place that would set the standard for shopping worldwide, Sandton City.
WealthInsight Thought Leadership - White Paper 1:
WealthInsight will publish a series of white papers covering key topics in the wealth sector.
WealthInsight Press Team
+44 (0) 20 3220 0818
Press release: WealthInsight Top 10 global cities for millionaires:
• Tokyo tops the millionaire list
• London tops the multi-millionaire list
• New York tops the billionaire list
Which global cities contain the most US dollar millionaires?
It’s an elusive statistic that cannot be found in the public domain.
WealthInsight, a London based wealth consultancy, has changed this by releasing a comprehensive list of the top 20 cities for millionaires worldwide. An extract of this list is reflected below.
According the WealthInsight analyst Andrew Amoils:
“Tokyo tops our millionaire list and is surprisingly above New York. This is partly due to the fact that many wealthy New Yorkers live off the Island in cities such as Greenwich”
|Rank||City||Number of millionaires (000s)|
|2||New York City (Manhattan)||389|
Source: WealthInsight © WealthInsight
WealthInsight has also released a list of the top 20 cities for multi-millionaires (individuals with over US$30 million each) and top 20 cities for billionaires. The full briefing is available on request.
This briefing also includes a case study on the top 10 countries for millionaires in 2012 and 2020.
“Multi-millionaires” otherwise known as “ultra high net worth individuals” or “UHNWIs” are individuals with net assets of US$30 million or more excluding their primary residences.
“Millionaires” otherwise known as “high net worth individuals” or “HNWIs” refer to individuals with net assets of US$1 million or more excluding their primary residences.
For the purposes of this report, the phrase “review period” relates to the years 2007–2012 and the “forecast period” relates to the years 2012–2017.
WealthInsight provides detailed data and insightful analysis on the world's high-net-worth individuals (HNWI) and wealth sector. With decades of experience providing business information, WealthInsight helps organizations to make informed decisions and win new business.
At WealthInsight's core is our proprietary Dossiers of the world's wealthiest individuals. Around this database we have built a number of valuable research based products and services that make WealthInsight much more than just a rich contact list.
If you have any questions about this release, or would like more information, please contact us.
WealthInsight Press Team
+44 (0) 20 3220 0818