ultra-rich

Today, China's ultra-rich desire luxury property built with bigger purpose and vision, offering well-being, sustainability, and genuine experiences. Read More

The Savigny Luxury Index, which tracks the stock prices of 19 publicly traded luxury companies, captured the up-and-down market trends throughout the year. Read More

Wealth-X’s newest “World Ultra Wealth Report” shows China’s individuals with a net worth of at least $US30 million are spread throughout the country, with only a small portion residing in Shanghai. Read More

This week, the newest Hurun Rich List finds that China not only has a new wealthiest man, it's becoming increasingly difficult for the country's business elite to make the top 50. Read More

With news that car sales in China jumped 81% in October and indications that the top-end luxury auto market in that country remains one of the few bright spots in a still sluggish global economic environment, it is perhaps no surprise that the most exclusive auto brands in the world continue to flock to China and other leading emerging economies. Read More

Although China remains one of the only bright spots in the world of luxury retailing at the moment, foreign luxury brands -- despite rapid growth in the mainland market -- often have difficulties convincing many of the country's highest-potential customers to buy their products within the mainland, because of the large luxury tax China levies on high-priced imported goods. Read More

An interesting blog post today at the Wall Street Journal, where Robert Frank points out that the global economic downturn has turned a new spotlight onto a once-unlikely savior -- the Chinese [ultrarich] luxury consumer. Read More