56% Indian entrepreneurs are likely to spend money on luxury goods and 44% on luxury experiences, compared to a global average of 40% and 35%, respectively.
Indians have suffered a dip in their global mobility this year, with India dropping from 80th to 82nd place on the Henley Passport Index between January and July, implying that Indian citizens have vi
The UAE remains a top destination, but the US is attracting millionaires with its booming tech sector and Florida's allure for retirees. Canada emerges as a surprising competitor.
Rich families are putting more money into safe investments like bonds because they expect interest rates to keep going up, making bonds a better way to earn money with less risk.
Australia has regained the top spot in New World Wealth's 2023 list of destinations forecast to enjoy the highest net inflows of high-net-worth individuals globally, replacing the UAE.
According to HSBC Holdings Plc. report in Bloomberg, Singapore will take over Australia and have Asia's highest share of millionaires in the adult population by 2030
