Managers of Wealth

LVMH Asian offshoot keeps an eye on Watches of Switzerland

L Capital, controlled by managing partner Ravi Thakran, is a fund set up to buy consumer and retail businesses that would fit with the Louis Vuitton to Moet Hennessy group

Swiss millionaire sells customised Mercedes for GBP7m

The Mercedes - transformed by a team of 35 workers, costing £3.5 million and taking a total of 30,000 man hours to complete - has now been renamed the 'Anliker McLaren SLR 999 Gold Dream'.

Rolls-Royce looks at better reach for growth in India

Rolls-Royce, which sells six models in India, also plans to expand its bespoke initiative here to design cars as per customer specifications.

Swiss luxury property market climbing

According to Knight Frank’s analysis nearly a quarter of the Swiss population will be millionaires by 2020, with only Hong Kong and Singapore having a higher density of millionaires.

Luxury Institute's Wealth and Luxury Trends 2012 and Beyond

China's Super Rich Are Getting A Taste For Luxury Yachts

Lure of luxury: does the watch maketh the man?

The world economy may be sitting in a ditch, but cashed-up collectors are still shelling out stratospheric sums for rare, vintage and collectable watches.

Earnings at Hermes flying as luxury market booms

Retailers fear spending cuts among wealthy

A week ago, Michael Heller was ready to drop thousands of dollars on a Jaeger-LeCoultre watch that he’d been coveting. But the recent stock market turmoil made him rethink the splurge.

Global firms eye Chinese art

Fortune 500 corporations and financial institutions have long collected art and antiquities and have invested hundred millions of dollars in recent decades to amass and display an impressive array of works by top artists.

Why the wealthy will stop spending

Cadillac Driving To Disrupt BMW-Mercedes U.S. Luxury Grip

The trickier part will be getting it to sell as well.