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WEALTH OF THE ULTRA RICH
Can money buy happiness? Bill Gates, once the world's richest man, reveals the real reason that made him happierBill Gates revealed that financial security, not extreme wealth, significantly boosts happiness by eliminating worries about healthcare and...
Why India’s next real estate cycle could be driven by retail investors and REITs, Sandipan Roy explainsIn an interaction with Sandipan Roy, Chief Investment Officer (CIO), at Motilal Oswal Private Wealth, he explains why India’s next real est...
Why luxury real estate remains a favourite among India’s rich despite macro & rate hike concernsIndia's luxury housing market defies global economic headwinds, driven by affluent buyers and NRIs seeking lifestyle upgrades and wealth pr...
The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
India ranks 6th globally in ultra-wealth population; billionaire count seen rising 51% by 2031India’s ultra-wealth population is expanding rapidly, with the country now ranking sixth globally with 19,877 ultra-high net worth individu...
From Corpus to Cash Flow: Picking the right mutual fund withdrawal strategyFinancial planners say there are two broad approaches. One is valuation-based, where investors redeem or book profits when markets appear e...
Why stock markets crashed today? Sensex tumbles 700 pts, Nifty ends below 23,850. 7 key factors explainedStock Market Crash Today: Indian stock markets experienced a significant decline, with Sensex and Nifty closing over 1% lower. This downtur...
Squeeze the super rich? Flight of 'Lakshmi' is the riskBillionaire Lakshmi Mittal's move from the UK to Switzerland and Dubai signals a broader European challenge in taxing the super-rich. His d...
Around 60% of India's uber-rich's wealth parked in real estate and gold: Bernstein ReportA new report reveals that a significant portion of India's Uber rich wealth remains invested in real estate and gold. The Uber Rich, a smal...
Ultra rich betting on unreal estate to preserve wealthIndian industrialists and family offices are investing in luxury real estate. They see it as a way to preserve wealth and build a legacy. H...
Goldman Sachs weighs sale for part of its wealth businessGoldman bought the registered investment adviser, formerly known as United Capital Financial Partners, for $750 million in 2019 when it man...
Ultra-rich Indians seek prenups to keep messy divorces at bayDrawing up such contracts hasn't been a common practice in India even among the wealthy, unlike in some foreign countries. But parents are ...
The secret lives of India's ultra rich you probably had no idea aboutIndia's ultra rich keep getting younger each year. About 60% of them surveyed were below the age of 40, compared with 47% last year.
ITR asset disclosure norm to affect 1.5 lakh ultra rich: Hasmukh Adhia"99.5 per cent taxpayers are not affected by this requirement. Only the ultra rich will have to give this information in their I-T Returns,...
Equity exposure increased, real estate marginally decreased: Kotak Wealth ManagementKotak Wealth Management believes increased attractiveness of equity markets also saw asset allocation moving to equity from debt.
Most stereotypes about super-rich not true: ReportOne of the common myths associated with this privileged segment of the society is that most ultra wealthy individuals inherit all their mon...
- Now, wealth services cover ultra rich families
After wealth management for the rich and private banking for the super rich, institutions are now targeting the ultra super rich with the l...