The 2024 Global Wealth Report from UBS predicts a continuous rise in the number of global millionaires over the next five years. The report indicates that the number of adults owning $1 million or more is expected to increase in 52 out of 56 developed and developing economies surveyed between 2023 and 2028. Leading this
Wealth
The impending $90 trillion wealth transfer expected over the next two decades is set to position millennials as the wealthiest generation in history. However, the question remains – are they truly equipped to manage this significant influx of money? While projections suggest that millennials will inherit substantial assets from the silent generation and baby boomers,
Ferrari, known for its roaring combustion engines, is making a bold move towards electric vehicles with the launch of an all-electric model scheduled for the fourth quarter of 2025. CEO Benedetto Vigna emphasizes that the emotional experience of driving a Ferrari is paramount, even in the electric version. While traditional Ferrari engines are prized for
The latest research conducted by Henley Private Wealth Migration Report has shed light on the significant shifts in the global landscape of wealth and power. The report reveals that the United Arab Emirates is expected to maintain its position as the world’s top wealth magnet for the third consecutive year, attracting a staggering number of