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Wealth
admin June 26, 2024

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...

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Wealth
admin June 23, 2024

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...

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Wealth
admin June 20, 2024

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...

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Wealth
admin June 17, 2024

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...

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Wealth
admin June 15, 2024

Beatrice Advisors launches to serve millennial and Gen Z investors from diverse backgrounds

Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis.Cindy JohnsonChristina Lewis had her first asset allocation meeting with her wealth manager when she was 13.โ€œI remember the meeting well,โ€ Lewis said. โ€œIt was a turbulent time for my family. And [the...

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