New York Remains the World’s Top Hub for Ultra Wealthy Homeowners; Miami Tops Second-Home Rankings Globally
July 11, 2025 – E.B. Solomont, The Wall Street Journal As a property manager to the 1%, Sarah Korpela’s duties over the years have ranged from mundane to whimsical to downright bizarre. She has tuned bicycles and picked up takeout, planned parties and cleaned up parties. One Christmas Eve in Aspen, she bought a vintage … Continued
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
Decembe 12, 2024, PR Newswire A new Altrata study examines the background and characteristics of this emerging executive position. Today Altrata, the leader in intelligence on the wealthy and well-connected, released 2024 Executive Insight: Chief AI Officers, a look at the evolving role of Chief AI Officers. The study highlights the rapid increase in Chief AI Officer (CAIO) … Continued