Some Billionaires Pledged to Give Away Much of Their Wealth. Why They Haven’t. Published by: brinsullivan August 5, 2025 fundraising nonprofits News Read more
Is Saudi Arabia the next Dubai for Hong Kong and mainland Chinese property investors? Published by: brinsullivan August 4, 2025 Luxury Wealth-X A new law approved by the kingdom is set to give non-Saudis rights to buy homes in designated zones. Read more
How Flying on a Private Jet Became the No. 1 Marker of Real Wealth Published by: brinsullivan August 4, 2025 Luxury Wealth-X Demand is up for private aviation, the luxury that separates the 1% from the 0.1% Read more
New York City braces for wealth flight with Mamdani’s political rise Published by: brinsullivan July 17, 2025 High Net Worth Individuals HNWI News Read more
The global ultra wealthy population projected to surge by more than 33% over the next five years, expected to boost demand for luxury real estate Published by: Altrata July 16, 2025 Luxury Real Estate Wealth-X New York Remains the World’s Top Hub for Ultra Wealthy Homeowners; Miami Tops Second-Home Rankings Globally Read more
A bumper sale of ‘jumbo’ life insurance policies Published by: brinsullivan June 20, 2025 Financial Services UHNW UHNW individuals 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 Read more
Altrata Report Reveals $31 Trillion in Generational Wealth Transfers by 2033 Published by: brinsullivan June 12, 2025 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 Read more
The Average Net Worth Of People Who Own A Rolls-Royce Car Published by: brinsullivan June 4, 2025 Luxury UHNW UHNW individuals Wealth-X 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 Read more
15 U.S. Universities With the Most Ultra-Wealthy Alumni Published by: brinsullivan May 27, 2025 education UHNW UHNW individuals 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 Read more
Report: Mass. home to more millionaires despite new surtax Published by: brinsullivan May 15, 2025 UHNW UHNW individuals 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 Read more
Singapore’s NUS, China’s Tsinghua University among world’s top producers of rich alumni Published by: SCMP May 14, 2025 BoardEx RelSci Wealth-X 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. Read more
Self-Made, Under 50, and Giving Back: Altrata Reveals the Rise of the Next-Gen Donors in University Alumni Report 2025 Published by: PR Newswire May 14, 2025 BoardEx RelSci Wealth-X 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. Read more