Over a third of the respondents quizzed as part of The Wealth Report’s Attitudes Survey expect their UHNWI clients to spend more on luxury goods in 2014.
Immigration is playing an increasingly influential role in determining how wealth moves around the globe.
The launch of sub-orbital space travel presents the opportunity to radically shift global property markets, according to Knight Frank’s Wealth Report.
Helping to answer the question, three-quarters of respondents to Knight Frank’s Attitudes Survey said the net worth of their clients increased in 2013.
Global investment in commercial property rose 17% in 2013 to $533bn, according to data in The Wealth Report 2014.
According to the results of Knight Frank’s Attitudes Survey, 28% of an UHNWI’s net worth is accounted for by their main house and any second homes, of which, on average, they own 2.4.