A top UK tax and immigration advisor, David Lesperance, helps high-net-worth individuals manage their money. However, the looming Labour tax hikes resulted in eight of his super-wealthy clients approaching him for help leaving the UK. Lesperance reportedly said the potential increases to capital gains, inheritance tax rates, and a new “exit levy” for wealthy people … Read more
Wealthy people often use the most commonly available banking and investment accounts to compound their wealth and avoid tax liabilities on future withdrawals. They love liquidity and tax benefits and generally maintain a frugal lifestyle. For these reasons, high-net-worth individuals often gravitate towards tax-advantaged accounts like 401(k), Roth IRAs, and brokerage accounts that offer them … Read more
Long-wheelbase or stretch luxury sedans of Mercedes-Benz, BMW and Audi among others are gaining traction among senior company executives and high net worth individuals, pushing automakers to increasingly roll out such vehicles. This reflects a rare bright spot in the Indian auto market where surging SUV sales have been eclipsing sedans for the past few … Read more
Multi-millionaire George Appling accumulated $1 million when he was 36. He has no plans to leave his wealth to his three kids as an inheritance but would rather pay for their college, car, and other life events. Appling’s decision to part with his wealth in ways that help their children in their formative years rather … Read more
Financial success is often viewed as a critical indicator of achievement, and understanding wealth benchmarks is a crucial tool for gaining valuable insights into economic stratification. Wondering how much net worth it takes to ascend into the upper echelons of America’s wealthiest is a very common thought. However, figuring out where you stand on the … Read more
Aside from the promise of worldwide excursions, the 12-deck ship has four restaurants, a fitness centre, a spa, two swimming pools, a theatre, a golf simulator and the only regulation-size tennis court in the world aboard a ship. Among the facilities on board The World are two swimming pools (the main pool is pictured above), … Read more
It has been a vintage year for the super rich AFP The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday. The number of “high net worth individuals” (HNWI) — defined as people with liquid … Read more
It has been a vintage year for the super rich AFP The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday. The number of “high net worth individuals” (HNWI) — defined as people with liquid … Read more
Alibaug, Maharashtra: Tata Motors-owned Jaguar Land Rover (JLR) plans to start assembling the flagship Range Rover model as well as the Range Rover Sport in India for the first time. They join other JLR models that are already assembled at its Pune plant—the Range Rover Velar, Range Rover Evoque, Jaguar F-PACE and Discovery Sport. The … Read more
