What is it that makes the super-rich turn to london?
Results point to the increasing influence of political as well as economic drivers
Three of Citi Private bank's experts provide insight into current thinking
A unique guide to the capital value of luxury homes
The Orient Express, Bernard Fornas, CEO and President, Cartier
Capitalist With A Conscience, John Caudwell, Philanthropist
Twenty Twenty Vision, Raj Kundra and Shilpa Shetty Kundra, Entrepreneurs
Knight Frank
thewealthreport@knightfrank.comwww.knightfrank.com+44 20 7629 8171
Citi Private Bank
www.citiprivatebank.com+44 20 7508 8000
Never before have wealth creation, economic risk and politics been so closely intertwined with the performance of prime residential and commercial property markets. Drawing on insight from Knight Frank, Citi Private Bank and other leading commentators, The Wealth Report 2012 pulls together all these strands and explains their connections and likely implications.
Using exclusive data and survey results, we uncover how the wealth being generated by the world’s fastest growing economies is an integral part of the equation, but also discover that economic growth alone is not enough to create cities considered genuinely important by the world’s wealthiest people.
We hope you find our annual update on prime property and wealth both interesting and useful. If Knight Frank or Citi Private Bank can be of further help please do get in touch.
HNWI For the purpose of The Wealth Report we use HNWI as an abbreviation for high-net-worth individual. Unless otherwise stated, we define this as someone having over $25m of investable assets.
PRIME PROPERTY A location's most desirable, and usually most expensive, property. Commonly, prime markets have a significant international bias.
Backed by Citi's powerful resources, the Private Bank provides global reach and local depth with personalized service
Intellectual leadership is demonstrated in the 2012 Outlook