The Wealth Report 2013
The Wealth Report Is A Global Perspective On Prime Property and Wealth
Creating wealth, it seems, is hardwired into us as a species. The total number of High Net Worth Individuals around the world is increasing once more, despite the global economy still suffering from the aftershocks of the credit crunch and the ensuing financial crisis. Much of this wealth creation is taking place in the world’s new economic powerhouses, but London and New York are still considered the most important cities for the super-rich –
at least for now...
As a follow-up to the fantastic Wealth Inequality movie, the Wealth Report is produced by Knight Frank and it's now widely recognised as the leading annual commentary on prime global property markets, wealth distribution and the attitudes of the wealthy towards property and investments.
Since its launch in 2007, the global economy has provided a turbulent backdrop to each edition of the Wealth Report. 2012 was no different, and it's expected that 2013 will also have its share of uncertainty. Despite this, wealth continues to be created.
One of the most fascinating pieces of research in The Wealth Report is the annual update to Knight Frank’s unique Prime International Residential Index (PIRI). It shows how 80 of the world’s leading luxury property markets are performing. While some are still falling, others are benefiting from their safe haven status, as the wealthy seek a secure location for their assets.
This search for safety has also seen the popularity of art, fine wines and other “investments of passion” increase.
The report highlights the growing interest in commercial property among private investors, while the results of an 'Attitudes Survey' suggest that the wealthy are slowly but surely regaining their taste for risk.
London and New York are still the most influential cities, but the key Asian hubs are catching up fast.
Get Your Copy Of The Wealth Report 2013
Visit Knight Frank's website to download your copy of the Wealth Report 2013.
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