Wealth

In a promising turn of events, LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury conglomerate, reported financial results for 2024 that exceeded market expectations. The company’s revenue reached 84.68 billion euros (approximately $88.27 billion), slightly edging out the analysts’ forecast of 84.38 billion euros. This performance reflects a marked increase of 1% over the
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Recently, shares of Richemont, the parent company of renowned brands such as Cartier, surged in value following the release of the group’s impressive fiscal third-quarter sales figures. The company reported a 10% growth compared to the previous year, achieving sales of 6.2 billion euros ($6.38 billion), a record high for a quarterly period ending December.
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The holiday season brings with it an air of excitement, indulgence, and renewal, especially among the affluent. J.P. Morgan Private Bank has recognized these sentiments, launching its “NextList2025,” a carefully curated collection of recommended books and experiences tailored for its wealthy clientele. This list serves not only as a guide to holiday offerings but also
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In recent years, the concept of family offices—private wealth management advisory firms that serve ultra-high-net-worth individuals—has gained remarkable traction. With the proliferation of such entities, there arises a pressing need for education and training dedicated to their operation and management. In response to this surge, esteemed institutions like the University of Chicago Booth School of
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In the midst of economic uncertainty and political scrutiny, Britain’s non-domiciled residents, commonly known as non-doms, are raising alarms over potential tax reforms that could significantly affect their financial status in the U.K. The growing pressure from policymakers to revise tax rules has prompted a group of ultra-wealthy non-doms and their advisors to propose a
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The global landscape of wealth is undergoing a significant transformation as women increasingly assert their presence within the billionaire class. A recent analysis from Altrata reveals that women now constitute 13% of the world’s billionaires, a figure that, while seemingly modest, is indicative of a slow but steady shift in wealth dynamics. This article delves
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