Zhangkun | Moment | Getty ImagesLONDON โ A record number of millionaires is expected to leave the United Kingdom this year, according to new research, with this year's general election expected to further exacerbate the exodus.The Henley Private Wealth Migration Report indicates that Britain will experience a net loss of...
Category: Wealth
Ferrari CEO says all-electric model preserves the ’emotion’ of the famed supercars
Ferrari's all-electric model won't be launched for over a year, but early tests indicate it has all the driving traits and emotion of a true Ferrari, according to Ferrari CEO Benedetto Vigna."The final judge will be the client," Vigna told CNBC during the opening of the company's new E-Building in...
Gen X stands to gain the most wealth from the $84 trillion wealth transfer
Fg Trade | E+ | Getty ImagesGeneration X may be the biggest beneficiary from the $84 trillion Great Wealth Transfer in the next 10 years, according to a new study.While millennials and members of Generation Z are expecting the biggest inheritances in the coming years as baby boomers pass down...
The UAE is set to be the No. 1 ‘wealth magnet’ in the world, new report shows
The UAE expects to see a net inflow of 6,700 millionaires from around the world by the end of 2024, according to new research.Buena Vista Images | Stone | Getty ImagesThe United Arab Emirates is set to be the world's leading wealth magnet for the third year in a row.That's...
The U.S. added 500,000 new millionaires last year as AI fueled markets
B2m Productions | Digitalvision | Getty ImagesThe U.S. far outpaced the rest of the world in minting millionaires last year, adding 500,000 new millionaires and powering record fortunes at the top, according to a new study.America's millionaire population grew 7.3% in 2023 to 7.43 million people, according to a report...