In a bid to engage and inspire affluent clients, J.P. Morgan Private Bank has released its annual curated selection of books and experiences known as the “NextList 2025.” The collection serves not merely as a nod to holiday indulgence but also reflects contemporary themes such as leadership and the significance of intergenerational wealth transfer. This
Wealth
The world of family offices is undergoing a significant transformation, amplified by the increasing complexity of wealth management. With the rise in the number of family offices and the capital they manage, universities are stepping in to equip the next generation with the necessary tools and knowledge. They are establishing initiatives and programs aimed at
The United Kingdom’s non-domicile (non-dom) tax status, a remnant of colonial tax law, has become a focal point of contention within political and economic circles. This special status allows individuals residing in the U.K. to avoid taxes on income and gains accrued abroad for up to 15 years, provided they maintain their domicile in another
As the global economic landscape evolves, a notable transformation is occurring within the ranks of the world’s wealthiest individuals. Recent data reveals that women are increasingly entering the billionaire class, marking a shift not only in numerical representation but also in financial priorities and philanthropic endeavors. According to the Altrata Billionaire Census, approximately 13% of
In an age where the lines between art, celebrity culture, and digital finance continue to blur, one recent investment stands as both a statement piece and a spectacle of excess. Crypto investor Justin Sun made headlines by purchasing a banana duct-taped to a wall for a staggering $6.2 million. This bizarre transaction, executed during a
The global art market is currently witnessing a stark downturn, predicted to mark its second consecutive year of decline. This downturn stems from a notable drop in demand for high-value artworks, coupled with the rise of a newer generation of collectors who are gravitating towards more affordable pieces. A recent survey conducted by Art Basel
In recent years, family offices have emerged as significant players within the venture capital landscape, especially in the realm of startup investments. According to a comprehensive analysis conducted by CNBC, in collaboration with Fintrx—a private wealth intelligence firm—it was revealed that the top 10 family offices made over 150 investments in private startups during 2024.
In recent years, the luxury fashion giant Burberry has been facing significant challenges that have affected its market performance and brand perception. With a 39% drop in stock value year-to-date, the company’s efforts to establish a strong identity have been overshadowed by a series of strategic missteps. However, a new strategic initiative, dubbed “Burberry Forward,”
The luxury goods sector, long viewed as a robust indicator of economic resilience, is undergoing a profound transformation. In a departure from its relentless upward trajectory, the market for personal luxury goods—spanning categories such as high-end clothing, accessories, and cosmetics—faces its first notable decline since the Global Financial Crisis. This trend is exacerbated by a
Family offices, once predominantly reliant on private equity funds for investment opportunities, are undergoing a significant transformation. Recent findings from a survey conducted by Bastiat Partners and Kharis Capital reveal that within the next two years, 50% of family offices intend to engage in “direct deals” — investments in private companies without the intermediary of