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Alaska, Delaware, and West Virginia aren't home to any billionaires, Forbes reported. AdvertisementAlaska, Delaware, and West Virginia are the only states that still don't have a single billionaire resident, according to a new report by Forbes. Forbes estimates that the West Virginia resident, who's also the president of Marshall University, was worth about $900 million as of March. AdvertisementTo be clear, Alaska, Delaware, and West Virginia are among the least-populated states in the US. According to Census Bureau estimates for 2023, Alaska was the fourth-smallest state or district in the US by population, Delaware was seventh-smallest, and West Virginia was 13th-smallest.
Persons: Forbes, , Elon Musk, Mark Zuckerberg, Michael Bloomberg, Brad Smith —, who's, Elizabeth Snyder, Jonathan Rubini, Leonard Hyde, Hyde Organizations: Service, Forbes, New, Henley & Partners, Microsoft, Marshall University, Properties, Wall, Henley, Partners Locations: Alaska, Delaware, West Virginia, California, Alaska , Delaware, Texas, New York, Tex, Florida, . California, Austin, Scottsdale , Arizona, Palm Beach , Florida
Scottsdale has seen a 102% increase in millionaire residents over the past decade. The appeal of Scottsdale lies in its booming business scene and stunning desert landscapes. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. According to the USA Wealth Report by Henley & Partners, that's a 102% increase in millionaire residents over the past decade. From a booming business scene to breathtaking desert landscapes, here's what I found.
Persons: , that's Organizations: Service, AZ Central, USA, Henley & Partners Locations: Scottsdale , Arizona, Scottsdale
What it’s really like to live in Macao
  + stars: | 2024-04-25 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +9 min
Macao, the Chinese special administrative region (SAR) often twinned with Hong Kong, is known as the Las Vegas of Asia. But travelers who are willing to dig in a little deeper can explore Macanese culture, which mixes Portuguese, Chinese and Southeast Asian heritages. Macao is comprised of two islands – the north one, Macao itself, and its southern neighbor Taipa. “In Asia, [people] think that Macao is full of casinos, and I think they do not understand the other parts of Macao,” says Lai. That means that they can live in Macao without a work visa and do not need a company sponsoring them.
Persons: CNN — “, , Vivian Lai, Taipa, Lai, ” Marina Fernandes, Michael Maslan, , it’s, Uber, Fernandes, Eduardo Leal, Ricardo Balocas, Balocas, Don’t Organizations: CNN, Las, Macanese Association, Bloomberg, Macao International Airport, Joseph’s University, Macao, Henley Locations: Macao, Hong Kong, Las Vegas, Asia, China, Taipa, , , Europe, Portuguese, Zhuhai, Macao’s, Singapore, Jakarta, Hanoi, Bangkok, Beijing, North America, Shenzhen, Guangzhou, Bay Area, Portugal, Macao's, Lisbon, St, Philippines, ‘ Little Lisbon, it’s
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNew York is the millionaire capital of the world, but some of those who want to stay rich are fleeing to low-tax states like Florida and Texas. The state tax department has a solution: AI letters. It is sending hundreds of thousands of AI-generated letters, mostly to wealthy remote workers or those who require a change in tax residency, according to CNBC. There were 771,000 audits in New York in 2022, according to a recent report by the state Department of Taxation and Finance cited by CNBC.
Persons: , That's, Alexander Spatari, Mark Klein, Hodgson Russ LLP, it's, It's, Klein, Shakira Organizations: Service, CNBC, Business, of Taxation, New, Henley, Partners, , York's Department of Taxation, Finance Locations: Florida, Texas, New York, New York City, York, Bahamas, Spain
Wealthy U.S. families are increasingly applying for second citizenships and national residences as a way to hedge their financial risk, according to a leading law firm. The wealthy are building these "passport portfolios" — collections of second, and even third or fourth, citizenships — in case they need to flee their home country. "The U.S. is still a great country, it's still an amazing passport," said Dominic Volek, group head of private clients at Henley & Partners. Instead, many wealthy Americans are shopping around for an added visa or citizenship program to supplement their U.S. passport. According to Henley, the top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy.
Persons: Robert Frank, citizenships, Dominic Volek, Peter Thiel, Eric Schmidt, Volek, Henley, It's Organizations: Henley & Partners, ., Henley, Malta, Visa Locations: Wealthy, New Zealand, Cyprus, Portugal, Malta, Greece, Italy, Europe, European, Germany, France, U.S
Spain plans to end "golden visas" for non-EU citizens investing €500,000 in real estate. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSpain will no longer hand out "golden visas" to foreigners willing to pay big bucks for them. AdvertisementIn the last year, Ireland, the Netherlands, Portugal, and Greece have all shut down or tightened their golden visa programs for similar reasons. In 2018, New Zealand banned foreigners from buying existing homes following a housing affordability crisis, similar to Spain and Portugal's current situation.
Persons: , Pedro Sánchez, Sánchez, it's, Peter Thiel, Meghan Morris Organizations: EU, Service, European Union, Associated Press, OECD, Investment, Henley & Partners Locations: Spain, Portugal, Greece, Ireland, Netherlands, Barcelona, Madrid, Valencia, Europe, New Zealand
About 5.5 million millionaires live in the US, a wealth report by Henley & Partners said. AdvertisementInvestment-migration consultancy Henley & Partners recently released its annual report on wealth in the US — including a ranking of the US' wealthiest cities by the number of millionaire residents. The US has the world's biggest millionaire population, with about 5.5 million living there, the report said. Nearly 10,000 people worth more than $100 million and almost 800 billionaires live in the US, too, per the report. These are the 11 areas in the US with the biggest millionaire populations as listed in Henley & Partners' report, which uses data provided by wealth-intelligence firm New World Wealth.
Persons: It's, Organizations: Henley & Partners, Bay, West Palm Beach, Service, Henley, Partners, US Locations: New York City, LA, Austin, West Palm, West Palm Beach
The Henley Passport Index ranks the most powerful passports in the world for visa-free travel. Passports from 23 other countries provide more global access than a US passport. US passport holders can access 189 countries globally without a visa, putting it in sixth place among world passports on the global mobility spectrum, according to the 2024 Henley Passport Index. AdvertisementPassports from 23 other countries provide more global mobility than a US passport, seven more countries than 2023's ranking. Below are the countries with the most powerful passports, ranked by ascending number of visa-free travel options, based on the 2024 Henley Passport Index.
Persons: , it's Organizations: Service, International Air Transport Authority, US Locations: Japan, China, India, Venezuela, Finland, Sweden, South Korea, Netherlands, Canada, Poland, Czech Republic
Big-ticket travel experiences like those are indicative of the "quiet luxury" trend which began in the world of fashion, with timeless lines trumping brand-blaring outfits. Less limelight, more connectionJaclyn Sienna India, the founder of the ultra-luxury travel company Sienna Charles, said she considers herself a longtime quiet luxury disciple. Monaco has long been a playground for the elite, but wealthy travelers are increasingly opting for more remote locations, say luxury travel advisors. But another important aspect of the quiet luxury movement concerns security. For them, quiet luxury travel is about exclusivity and privacy, she said.
Persons: Jaclyn Sienna India, Sienna Charles, Vietnam's, Alexander Spatari, It's, Sean De Burca, George W, Bush, Erica, Erica Jackowitz, Jackowitz, Sienna India, Thomas Barwick, Roger Federer, Erica's Erica Jackowitz, Anastasiia Organizations: Monaco, Bank, Getty, Digitalvision, Henley, Partners Locations: Antarctica, Svalbard, Paris, Monaco, Chi Minh City, India, Brazil, Ethiopia, New York City, Africa
The U.S. has rapidly overwhelmed China as the world's top spot for millionaires and billionaires, according a new report. Over the past five years, the population of millionaires in the U.S. has grown 35%, nearly twice as fast as China's. The U.S. is now home to 37% of the world's millionaires, up from 35% in 2018. A net 13,500 Chinese millionaires left China in 2023, marking a new record. Luxury sales in the U.S. last year totaled $80 billion, to China’s $52 billion, Bain found.
Persons: Robert Frank, Dominic Volek, Henley, Bain, Volek Organizations: Henley & Partners, Henley, U.S, UBS, Art Basel, Bain, Luxury Locations: U.S, China, Asia, Europe
The top 10 richest cities in America
  + stars: | 2024-03-21 | by ( Robert Frank | ) www.cnbc.com   time to read: +2 min
A new report found that New York City is the No. With nearly 350,000 millionaires and 60 billionaires, the Big Apple is the richest city in America, according to the USA Wealth Report from Henley & Partners and New World Wealth. Despite all the headlines about the rich leaving the city, its millionaire population has grown 48% over the past decade. The San Francisco Bay Area ranks as the second richest city in America, despite topping New York for billionaires, with more than 305,000 millionaires and 68 billionaires. The Bay Area's growth rate over the past 10 years has been even more impressive, with its millionaire population soaring 82%.
Persons: Robert Frank, Andrew Amoils Organizations: U.S, Apple, USA, Henley & Partners, San Francisco Bay Area, New, New York City Locations: New York City, . New York, America, San Francisco, New York, Austin , Texas, Miami, U.S, Texas, Florida, Bay
The US is experiencing a "millionaire remix," as shown by a ranking of areas with the fastest-growing wealthy populations. The number of millionaires living in Austin more than doubled over the past decade, per a report by Henley & Partners. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. US migration patterns of the world's wealthiest people are changing as the country undergoes what investment-migration consultancy Henley & Partners dubs a "millionaire remix." This story is available exclusively to Business Insider subscribers.
Persons: , Organizations: Henley & Partners, Service, Business Locations: Austin, York City, Los Angeles, Scottsdale, Palm
An investment-migration consultancy says record numbers of rich Americans are enquiring about citizenship abroad. Portugal's golden visa program is the most popular option among Americans, Henley & Partners said. AdvertisementAn investment-migration consultancy says that it is seeing record numbers of wealthy Americans looking for ways to get residence rights abroad or additional citizenships. Programs offered by Malta, Spain, Greece, and Italy are also high on American citizens' lists, Henley & Partners said. The programs allow wealthy Americans to live in the USA as their primary residence but relocate "at any point," it said in the report.
Persons: , Mehdi Kadiri, Dominic Volek, Kadiri Organizations: Henley & Partners, Service, North America, EU Locations: North, Portugal, Malta, Spain, Greece, Italy, USA
NEW YORK (AP) — New York prosecutors abruptly dropped their criminal case midtrial Wednesday against three men who had been accused of conspiring to possess a cache of hand-drafted lyrics to “Hotel California” and other Eagles hits. The raft of communications emerged only when Eagles star Don Henley apparently decided last week to waive attorney-client privilege, after he and other prosecution witnesses had already testified. “Witnesses and their lawyers” used attorney-client privilege “to obfuscate and hide information that they believed would be damaging," Judge Curtis Farber said in dismissing the case. Through their lawyers, the men contended that they were rightful owners of pages that weren't stolen by anyone. In a letter to the court, Ginandes, the prosecutor, said the waiver of attorney-client privilege resulted in the belated production of about 6,000 pages of material.
Persons: Aaron Ginandes, Don Henley, hadn’t, “ Witnesses, , Curtis Farber, Glenn Horowitz, Craig Inciardi, Edward Kosinski, ” Jonathan Bach, Horowitz, Inciardi, , Scott Edelman, ” Edelman, Dan Petrocelli, Henley, ” Petrocelli, wasn't, hasn't, Ginandes Organizations: , , Eagles, Manhattan, Roll Hall of Fame, Prosecutors, Henley Locations: York, “ Hotel, U.S
Don Henley and Glenn Frey followed a routine while writing some of the most emblematic and enduring songs of the 1970s. The men, who co-founded the Eagles, would rent a house and bring in a piano and guitars. The two would rise in late morning — “musician time,” Mr. Henley testified in a Manhattan courtroom on Monday. They would make coffee, then have “philosophical” conversations and begin trying out riffs and discussing “song titles, subject matters, concepts,” he said. Mr. Henley paid particular attention to lyrics, crafting and refining them on legal pads.
Persons: Don Henley, Glenn Frey, ” Mr, Henley, , Glenn Horowitz Organizations: Eagles Locations: Manhattan, Malibu , Calif, New York, Town
What's more, child poverty surged from 2021 to 2022, rising to 25% of children living in poverty, the report found. The findings conjure a stark contrast with the ultrawealthy in New York City, which, as of 2023, had the highest concentration of millionaires worldwide, with 340,000 millionaires, according to the London-based firm Henley & Partners. Alarmingly, this year's annual Poverty Tracker report observes the sharpest one-year increase in poverty we've found since launching the study in 2012. Buery cited the expired pandemic-era financial supports, such as the expanded child tax credit, as examples of the city's progress in the past. "We know that fully refundable tax credits, housing vouchers, and childcare subsidies can move millions out of poverty and hardship.
Persons: Robin Hood, we've, Richard R, Buery Jr, Buery, it's Organizations: Columbia University's, Poverty, Bronx ,, Henley & Partners, US, Senate Locations: New York, Bronx, Bronx , Queens, Brooklyn, New York City, London, York City
Vietnam is set to see the sharpest spike in wealth growth over the next decade as it cements its status as a global manufacturing hub, according to a report by global wealth intelligence firm New World Wealth and investment migration advisors Henley & Partners. The Southeast Asian country is forecast to see a 125% increase in wealth over the next 10 years, Andrew Amoils, New World Wealth's analyst, told CNBC. This would be the largest expansion in wealth of any country in terms of GDP per capita and number of millionaires, according to the firm's analysis. "Vietnam is an increasingly popular manufacturing base for multinational tech, automotive, electronics, clothing and textile firms," Amoils said. India, which is set to become the world's third-largest economy by 2027, takes the second spot with an expected 110% growth in wealth, he added.
Persons: Andrew Amoils, Amoils Organizations: Wealth, Henley & Partners, CNBC Locations: Vietnam, Andrew Amoils ,, India, Asia, Pacific
In the late 1970s, a writer working on a book about the Eagles that would never be published obtained 100-odd pages of notes and lyrics related to the multiplatinum album “Hotel California.”The papers included handwritten drafts of lyrics by the band’s songwriter and drummer, Don Henley. Decades later, according to court documents, the writer, Ed Sanders, sold the trove to a prominent dealer in rare manuscripts who had placed the papers of Norman Mailer and Tom Wolfe in university libraries and had worked to sell Bob Dylan’s archive for a sum estimated at up to $20 million. In 2022, prosecutors in Manhattan said that the manuscript dealer, Glenn Horowitz, and two other men had been charged with conspiring to possess stolen property valued at over $1 million that included embryonic versions of hits like “Hotel California,” “New Kid in Town” and “Life in the Fast Lane.”On Wednesday, the three men are scheduled to go on trial in an unusual proceeding that may feature testimony from Mr. Henley, who told a grand jury the material was stolen. The trial will be decided by the judge, not a jury.
Persons: Don Henley, Ed Sanders, Norman Mailer, Tom Wolfe, Bob Dylan’s, Glenn Horowitz, Mr, Henley Organizations: Eagles, Locations: California, Manhattan, “ Hotel California,
Under Rule 3.3b (3) of the USGA Rules of Golf, the world No. “Rules are rules,” he added in his post on X, formerly known as Twitter. Spieth’s fellow pro Michael S. Kim labeled the rule “stupid,” even with “many safeguards,” while PGA Tour caddie Kip Henley lamented “another benchmark in the dumbest rule in all of sports.”“Seriously, why even have scorecards on the PGA Tour?” Henley asked in another post. USGA rules do not disqualify players for returning a score higher than their actual score, only those returned that are lower. The PGA Tour, in accordance with USGA guidelines, follows a multi-step process to check the scorecards of fields peaking at 156-strong.
Persons: Jordan Spieth, Spieth, , Hideki Matsuyama, Michael S, Kim, Kip Henley, , ” Henley, , Eddie Pepperell, Dylan Wu, Wu, Jared C, Tilton, Roberto De Vicenzo, Tommy Aaron, Vicenzo, Bob Goalby, Wyndham Clark, Carlota Ciganda, Rory McIlroy’s, we’re, , ” McIlroy, Ryan Kang, Xander Schauffele, ” “ Jordan, , ” Schauffele, It’s, Scottie Scheffler, – caddie, ” Scheffler, Ronald Martinez, Luke Kerr, Dineen, Kerr, Joel Beall, ain’t, “ Spieth, “ It’s, ” Beall Organizations: CNN, Riviera Country Club, USGA, Twitter, , Tour, Royal Liverpool Golf Club, Evian, CNN Sport, ” CNN, PGA, NBC Sports, , PGA Tour Locations: American, California, , Hoylake, England
BAFTA Award winners list
  + stars: | 2024-02-18 | by ( Alli Rosenbloom | Thomas Page | ) edition.cnn.com   time to read: +8 min
The Christopher Nolan-directed award season favorite led the nominees with 13 nods this year and won seven awards, including director, lead actor and the coveted best film award. “Poor Things” was the other stand-out winner of the ceremony with five wins, including Emma Stone’s award for lead actress. “The Holdovers” star Da’Vine Joy Randolph continues to dominate the supporting actress category through this award season cycle. Thanking her co-star Paul Giamatti while accepting her BAFTA, Randolph said, “Gosh, I cry every time I say your name. See below for a full list of BAFTA nominees and winners.
Persons: CNN — “ Oppenheimer ”, Christopher Nolan, Nolan, , Emma Stone’s, , Da’Vine Joy Randolph, Paul Giamatti, Randolph, “ Gosh, Jonathan Glazer, Barbie, Maestro ”, Martin Scorsese, Tom Cruise, Michael J, Fox, Prince William, Catherine , Princess of Wales, King Charles ., “ Oppenheimer ”, Napoleon ” “, Wonka, Cillian Murphy, Oppenheimer, Melinda Sue Gordon, Andrew Haigh, Justine Triet, Alexander Payne, ” Bradley Cooper, “ Maestro ” Christopher Nolan, Cord Jefferson, ” –, “ Oppenheimer, Tony McNamara, Arthur Harari, Greta Gerwig, Noah Baumbach, “ Barbie ” David Hemingson, Josh Singer, “ Maestro ” Celine Song, Barry Keoghan, Saltburn ” Bradley Cooper, “ Maestro ” Cillian Murphy, “ Oppenheimer ” –, Colman Domingo, “ Rustin ” Paul Giamatti, ” Teo Yoo, Emma Stone, Carey Mulligan, “ Maestro ” Emma Stone, Fantasia Barrino, Margot Robbie, “ Barbie ” Sandra Hüller, Vivian Oparah, Dominic Sessa, Jacob Elordi, Saltburn, Paul Mescal, Robert De Niro, Robert Downey Jr, Ryan Gosling, “ Barbie, Da'Vine Joy Randolph, Claire Foy, Danielle Brooks, Emily Blunt, Rosamund Pike, Sandra Hüller, Robbie Robertson, Ludwig Göransson, Jerskin Fendrix, ” Anthony Willis, “ Saltburn ” Daniel Pemberton, Jacqueline Durran, “ Barbie ” Jacqueline West, Dave Crossman, Janty Yates, “ Napoleon ” Ellen Mirojnick, Holly Waddington, Sarah Greenwood, Katie Spencer, Jack Fisk, Adam Willis, Ruth De Jong, Claire Kaufman, Shona Heath, James Price, Zsuzsa, Chris Oddy, Joanna Maria Kuś, Katarzyna Sikora, Jonathan Bullock, Charmaine Chan, Ian Comley, Jay Cooper, Theo Bialek, Stephane Ceretti, Alexis Wajsbrot, Guy Williams, Neil Corbould, Simone Coco, Jeff Sutherland, Alex Wuttke, Henry Badgett, Charley Henley, Ewen Martin, “ Napoleon, Tim, Simon Hughes, Dean Koonjul, Jane Paton, Hair Kay Georgiou, Thomas Nellen, Sian Grigg, Kay Georgiou, Kazu Hiro, Lori McCoy, Bell, “ Maestro ” Jana Carboni, Francesco Pegoretti, Satinder Chumber, Julia Vernon, “ Napoleon ” Luisa Abel, Jaime Leigh McIntosh, Jason Hamer, Ahou, Nadia Stacey, Mark Coulier, Josh Weston, Laurent Sénéchal, Thelma Schoonmaker, Jennifer Lame, Yorgos Mavropsaridis, ” Paul Watts, Rodrigo Prieto, Matthew Libatique, Maestro ” Hoyte van, Robbie Ryan, Kahleen Crawford, Susan Shopmaker, Isabella Odoffin, Ellen Lewis, Rene Haynes, Angelo Bonanni, Tony Lamberti, Andy Nelson, Lee Orloff, Bernard Weiser, “ Ferrari ” Richard King, Steve Morrow, Tom Ozanich, Jason Ruder, Dean Zupancic, Maestro ” Chris Burdon, James H, Mather, Chris Munro, Mark Taylor, Willie Burton, Richard King, Kevin O’Connell, Gary A, Rizzo, Johnnie Burn, ” “ Gorka, Phoebe Dynevor Ayo, Jacob Elordi Mia Mckenna, Bruce –, Sophie Wilde Organizations: CNN, Royal Festival Hall, Universal, BAFTA, Screen, Netflix, BBC, “ Society, Fox, Universal Pictures, Searchlight, “ Guardians, Locations: London, England, British,
Taste of JapanIn Takasago City, Japan, a brand of frozen Kobe beef croquettes is so popular that the waiting list is longer than most mortgages. Bakery chain Kimuraya is advancing that further by using AI to produce “romance bread” targeted at the nation’s love-averse youth. The Japanese island of Kyushu is where sugar was first introduced to the country by the Portuguese in the 16th century. The island retains a sweet tooth to this day and is home to Japan’s most beloved sweet treats. Try to squeeze in as many as you can on a trip to the region.
Persons: Linda Ford, they’ve Organizations: CNN, JFK, JFK Airport, Air, Manhattan, Apple, City, Henley, of Locations: Japan, Takasago City, Kobe, Kyushu, Portuguese, Turkey’s, Georgia, Rize, Tokyo, Odawara, New, Air France, Paris, France, City of, Europe, Asia, of Malta, Superior, Costa Rica
CNN —To file under the fantasy music collaborations category, Billy Joel has been toying with the idea of joining forces with some contemporary music greats. “I thought about putting together a band,” Joel retorted. “Me, Don Henley and Sting, and maybe John Mayer on guitar.”That roster would surely be a worthy update to the Wilburys, which was a supergroup team-up between the late Tom Petty, Roy Orbison and George Harrison, along with Jeff Lynne and Bob Dylan. Joel also said he talks to Paul McCartney “a lot,” but added that he doesn’t “have the nerve” to ask the former Beatle to band up. Joel humored Stern while he continued to fantasize about who would be in the supergroup, and said, “Ringo would be good.
Persons: Billy Joel, , Howard Stern, Joel, , ” Joel, Don Henley, John Mayer, Tom Petty, Roy Orbison, George Harrison, Jeff Lynne, Bob Dylan, Stern, hasn’t, we’ll, , Paul McCartney, Joel humored Stern, “ Ringo, Ringo, doesn’t, Freddy Wexler –, Justin Bieber, Ariana Grande, Pink — Arthur Bacon, Wayne Hector Organizations: CNN, Sting Locations:
CNBC Daily Open: A bumpy ride to beating inflation
  + stars: | 2024-02-15 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street reboundsU.S. stocks climbed on Wednesday as Wall Street rebounded modestly from the previous session when hotter-than-expected inflation data tanked stocks. [PRO] Berkshire Hathaway's secret betsWarren Buffett's Berkshire Hathaway once again asked regulators to keep its new stock buys a secret.
Persons: Jerome Powell, Dow, Andrew Amolis, that's, Warren Buffett's Berkshire Hathaway Organizations: Federal Reserve, New York Stock Exchange, CNBC, Nasdaq, Henley & Partners, Wealth, Cisco, Berkshire Hathaway's Locations: New York City, U.S, Omaha
CNBC Daily Open: Inflation fight may go down bumpy path
  + stars: | 2024-02-15 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Japan's nominal GDP in 2023 totaled 591.48 trillion yen ($4.2 trillion) while Germany's reached 4.12 trillion euros ($4.46 trillion) in the same period. "The 85% forecast for BRICS will be the highest wealth growth of any bloc or region globally," Andrew Amolis, wealth analyst at New World Wealth told CNBC. [PRO] Asia's top picksMorgan Stanley has some stock ideas for February which offer what the bank calls "alpha" opportunities.
Persons: Topix, Dow, Germany's, Andrew Amolis, Morgan Stanley Organizations: CNBC, Nikkei, Nasdaq, Henley & Partners, Wealth, Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, Alpha Locations: Asia, Japan, Germany
Millionaire count in the BRICS countries — which together hold $45 trillion in investable wealth — is forecast to rise by 85% over the next 10 years, the investment migration consultancy noted in its report published in partnership with global intelligence firm New World Wealth. The 85% forecast for BRICS will be the highest wealth growth of any bloc or region globally. "The 85% forecast for BRICS will be the highest wealth growth of any bloc or region globally," Andrew Amolis, wealth analyst at New World Wealth told CNBC. The UAE followed in third place with a 77% wealth growth. Other members in the BRICS coalition, such as South Africa and Iran, have seen a decline in their millionaire populations since 2013.
Persons: Michel Temer, Vladimir Putin, Xi Jinping, Jacob Zuma, Narendra Modi, Andrew Amolis, Dominic Volek Organizations: India's, United, Henley & Partners, Wealth, CNBC, Amolis, European Union, Henley, Partners, UAE Locations: South, Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, United Arab Emirates, Saudi Arabia, Canada, France, Japan, Italy, U.S, United Kingdom, Southeast Asia, UAE
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