Wealth

Amid the political uncertainty leading into the upcoming election, the views of millionaire investors provide insightful, albeit complex, reflections on American economic priorities and political allegiances. A recent UBS survey of affluent individuals—those with investible assets exceeding $1 million—reveals that a majority of this group supports Vice President Kamala Harris against former President Donald Trump,
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In the world of high-net-worth investors, family offices are currently witnessing an unprecedented shift in sentiment towards investment. According to Citi Private Bank’s latest survey, these private entities are increasingly optimistic, with a significant majority anticipating positive returns in the coming year. After years of cash-hoarding and cautious stances during economic uncertainty, family offices are
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As the political climate tightens with the presidential race heating up, the ultra-wealthy are actively engaging in a frenzied wave of tax planning. In light of escalating concerns regarding an impending hike in estate taxes, affluent investors are scrambling to formulate strategies that could safeguard their wealth. This moment is further exacerbated by the impending
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Recent research indicates that the United Kingdom is expected to experience a significant departure of millionaires this year, with the general election further contributing to this exodus. The Henley Private Wealth Migration Report forecasts a net loss of 9,500 high-net-worth individuals in 2024, more than double the previous year’s figure. This represents a stark shift
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In the world of professional sports, team ownership has become a lucrative investment with soaring team values reaching into the billions. However, with the average age of team owners rising, new challenges around estate planning and taxes have emerged. The focus has shifted towards ensuring smooth ownership transitions to the next generation of buyers. The
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