Inside Wealth
The ‘20% rule’ behind Giorgos Tsetis’ blueprint for a new kind of family office
Family offices are built to be patient with their money. Giorgos Tsetis is not.
Monterey Car Week auctions could hit a record $500 million, with help from younger buyers
A new generation of millennials and Gen Zers is taking over the collecting market from baby boomers and bidding up modern supercars at Monterey Car Week.
Wealth managers face a new challenger: their clients’ AI chatbots
Large language models may give financial advisors a run for their money, but wealth management leaders say the human touch can’t be replaced.
Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say
The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever starts to the year.
Renting a yacht in the Mediterranean this summer just got cheaper
Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.
How big is the great wealth transfer? It could be over $100 trillion or $36 trillion
Two studies have raised new questions about the size and impact of the coming great wealth transfer.
T. rex sells for $50 million, becoming the most expensive dinosaur fossil ever auctioned
It passes a stegosaurus skeleton that billionaire hedge funder Ken Griffin bought for $44.6 million in 2024.
Private chef salaries reach $300,000 as the rich seek their own Michelin stars
Demand for chefs, personal assistants, butlers, nannies, housekeepers, chauffeurs and estate managers have reached records, according to Morgan & Mallet.
Manhattan luxury real estate sales hold firm despite fears of a ‘Mamdani effect’
A month after the passage of a tax on second homes in New York City, brokers and analysts said sales of luxury real estate remain strong.
Luxury spending now driven by experiences and ‘inheritourism’
While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.