Luxury home sales in mainland China's top cities are increasing as wealthy tech beneficiaries improve their housing, but analysts warn this is insufficient to revive the broader struggling real estate sector.
Australian crypto brokerage Caleb & Brown has expanded into the UK to target high-net-worth clients, citing low domestic adoption rates as a major growth opportunity.
High-net-worth clients are increasingly using AI chatbots like ChatGPT and Claude for portfolio recommendations and tax advice, prompting financial advisors to adapt. While AI can enhance client engagement, it poses risks like incorrect advice and data leaks, challenging traditional wealth management models.
India's high-net-worth investors are increasingly diversifying portfolios beyond stocks, seeking alternative investments in private equity, real estate, and private credit. The ET Alpha Wealth Summit highlighted a structural shift towards deeper diversification across asset classes and geographies, with the AIF industry growing rapidly.
Germany ranks third globally with 1.78 million millionaires, a 11.1% increase last year, according to a Capgemini study. The US added the most millionaires, driven by AI enthusiasm, while European wealth grew 6.5%. Catholic states observe Fronleichnam holiday.
Several German states are observing Fronleichnam/Corpus Christi, a major Catholic holiday. Meanwhile, a new study reveals a record 25.3 million millionaires globally in 2025, with Germany ranking third.
As global markets are roiled by geopolitical uncertainty and the energy fallout from war in the Middle East, a tiny speck in Southeast Asia has emerged as an oasis of stability – at least in terms of where the well-heeled can park their money. Giig Tanaporn, CEO and founder of business and wealth consultancy Unique Prime Group, has observed that high-net-worth clients, especially from the Middle East and South Korea, have been increasingly choosing Singapore for its regulatory framework,...
The United States continues to dominate global high-net-worth individuals with over 18 million, far ahead of China's 5.5 million. France, Japan, and the UK cluster between 2.3-2.6 million, while Germany, Canada, Australia, and Italy round out the top 10. Emerging economies like India are showing faster wealth creation rates, reflecting digital growth and evolving business environments.
Hong Kong's ultra-high-net-worth individual population fell 3.3% to 6,788 in 2026 versus 2021, but is forecast to surge 25% to 8,485 by 2031. The city is gaining traction as a family office hub, benefiting from streamlined regulation, talent visa schemes, lower taxes and faster setup times. Globally, UHNWIs rose to 713,626 from 551,435, equivalent to 89 people daily crossing the $30 million threshold.
