Latin America's largest economy might follow India's path, seeing an accelerated, consistent pace of growth
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Long synonymous with dripping diamonds, flashy Lamborghinis, and shiny Rolexes, rich people are being more discreet about their money.
The luxury travel market is broadly categorized six major types based on type of travel such as customized holiday travels, adventure & safari, cruise vacations, small-scale vacations, celebration & special events, and culinary travel & shoppi
Over the past few years, the next-gen focus generally has been on millennials, with the Gen-Xers ended up neglected.
The survey of 120 of Connection Capital’s private investor clients found that 25 per cent have a fifth or more of their portfolio allocated to alternative assets, including private equity, commercial property and hedge funds.
The clear-eyed math shows that if an ultra-wealthy family wanted to spend down half its wealth in a 20-year time frame, the family would need to donate more than 11% of its assets per year — a tenfold increase over average current levels of giving.
But in 2018, at a time when personal wealth in Asia is at an all-time high, new reports have suggested that the Asia region is lagging further behind than it should be.
Under the latest tax law, passed late last year, only those with more than $11.2 million in assets ($22.4 million for a married couple) are subject to federal estate taxes.