July 17, 2025 – Robert Frank, CNBC Zohran Mamdani’s primary win in New York City’s mayoral race and proposal to raise taxes on millionaires have touched off fears of a new wave of wealth flight from the city. Yet so far, there is little evidence of a slowdown in high-end real estate or real wealth … Continued
New York Remains the World’s Top Hub for Ultra Wealthy Homeowners; Miami Tops Second-Home Rankings Globally
June 20, 2025 – HSBC In the space of just one month recently, we issued five ‘jumbo’ life insurance policies, worth a total sum insured of more than $420 million. Issued and fully underwritten by our insurance business HSBC Life, the policies were taken out by five ultra-high-net-worth clients in Hong Kong, Singapore and mainland … Continued
June 12, 2024 – PR Newswire More than a quarter of world’s wealthy worth $5m+ will pass on their fortunes in the next 10 years. Gen X as the primary beneficiaries. Today Altrata, a leader in people intelligence, releases Family Wealth Transfer 2024. This report forecasts a staggering global wealth transfer, as more than 1.2 million wealthy … Continued
June 4, 2025 – Desmond Efe-Khaese, MoneyDigest Back in 2017, according to Car and Driver, Rolls‑Royce then-CEO, Torsten Müller‑Ötvös, said that Phantom buyers were “almost exclusively” the ultra‑rich — people with at least $30 million in cash. At the time, the base price for the 2017 Rolls-Royce Phantom standard sedan was $417,825, while the Extended Wheelbase version was … Continued
May 27, 2025 – Michael S. Fischer, ThinkAdvisor The graduating class of a university represents one of the institution’s most important resources, from an academic, marketing, research, networking, knowledge transfer and fundraising perspective, according to a report released this month by Altrata, which provides intelligence on the wealthy and well-connected. Rich, influential alumni offer their … Continued
May 15, 2025 – Michael P. Norton, Daily Hampshire Gazette Surtax supporters have released data that they said pokes holes in the argument that the state’s new tax on high earners is causing higher-income residents to move out of Massachusetts. The report from a pair of progressive research groups found that the number of individuals … Continued
US universities dominate a global ranking by Altrata, led by Harvard with 18,000 ultra-rich alumni, or 4 per cent of the global total.
The report ranks universities across the globe on the number of ultra wealthy alumni. Altrata data also shows a 13% increase in the total ultra wealthy population from 2023 to 2024.
April 29, 2025 – Mike Deehan, Axios Massachusetts has seen a 38.6% jump in the number of millionaire residents since voters approved a 4% surtax on high earners in 2022. Why it matters: The uptick in super-wealthy Bay Staters contradicts predictions that rich residents would flee the state for lower-tax areas, like over the state line in income-tax-free … Continued
February 20, 2025, PR Newswire Altrata’s latest report highlights the evolution of PE portfolio talent, including the backgrounds and experience found in the leadership pool. Altrata, a leading provider of executive intelligence, is pleased to announce the release of its latest thought leadership report, Portfolio Company Talent 2025. This comprehensive study examines the shifting landscape of … Continued