Learn more about the efforts to promote gender equality, the concept of gender-lens wealth, and socially responsible investing.
In the exclusive world of high net worth individuals, holiday gift-giving takes on a unique meaning. From the art of selecting the perfect gift to the intricacies of maintaining business relationships through thoughtful gestures, the holiday season can be a delicate dance. Here are some answers to the questions that often arise in the minds of wealthy individuals when it comes to holiday gift-giving etiquette.
Controlling around a third of the world's wealth, women's total assets could be worth between $81 trillion and $93 trillion by 2023, according to a forecast by the Boston Consulting Group. After all, women make up half the population. They are largely responsible for their families’ financial decision-making and hold the majority of consumer spending power. The modern face of wealth is female.
The venture fund La Famiglia, which she founded, reminds us of a device that has been in demand for decades and is still reliable and equipped with the latest technology. That is precisely what Jeanette zu Fürstenberg, the investor of the year in 2022, according to German magazine Handelsblatt, is creating. Backed by corporations as well as leading entrepreneurs from the old and new economies, La Famiglia is providing precious early market access, impactful partnerships, and deep expertise for its portfolio companies.
It is the season of giving, and for wealth managers, the pressure is on to find the perfect gifts that reflect both the holiday spirit and the discerning tastes of their high net worth clients. As we step into the world of wealth and financial sophistication, let's unwrap the exclusive gifts that wealth managers are choosing to spread holiday cheer to their clients this year.
The holiday season presents an opportunity for wealthy individuals and families to share their abundance and make a meaningful impact on the lives of those less fortunate. Despite busy schedules filled with gatherings and festivities, there are simple and efficient ways to give back. Here are some thoughtful approaches to contribute to charitable causes this holiday season.
Who benefits from Artificial Intelligence? What does AI mean for human interaction? And what can a regulation of new technologies look like? These are the questions that Sara Weber’s new book deals with. A critical work on work today has received the 2023 German Economic Book Award for Readers.
The Cartier Tank watch is an iconic timepiece that has stood the test of time for almost a century. Designed by Louis Cartier in 1919, the Tank was inspired by the shape of a World War I combat vehicle, reflecting its robustness and durability. This elegant watch has captured the hearts of many celebrities, from movie stars such as Clark Gable and Fred Astaire to First Ladies such as Jackie Kennedy and Michelle Obama. Its timeless design and rich history have made it a symbol of sophistication and luxury.
For more than a year, artificial diamonds have become increasingly popular among watch manufacturers. They are presented as a climate-friendly alternative. According to the watchmakers, they are allegedly resource-saving, ethically fairer, and do not promote inhumane working conditions. But is it really so?
Effective wealth management requires a proactive and informed approach. Ultra-high-net-worth women, in particular, prioritise personalised financial advice that aligns with their values. They also value long-term investing and sustainable, ESG-focused strategies. By implementing a comprehensive wealth management strategy, these affluent women can confidently navigate the financial landscape and create a lasting legacy of prosperity.
The growing demand for ethical and sustainable practices is driving significant change in the fashion industry. According to the Environmental Protection Agency, the textile industry alone is responsible for over 8% of global greenhouse gas emissions. Recognising this, brands are increasingly investing in sustainable production methods to reduce their carbon footprint and minimise their environmental impact.
In the realm of business and wealth, few names carry as much weight as Savitri Jindal. As chairperson of the Jindal Group, a conglomerate with interests in metals, mining, and power generation, Jindal has amassed a staggering fortune. Her net worth of $16.4 billion, according to the Forbes India Rich List 2022, has positioned her as not only the richest woman in India but also the richest woman in all of Asia.
Paris Fashion Week 2023 showcased the epitome of style, elegance, and innovation. From Chanel's floral fantasies to Valentino's reimagined uniforms, each designer brand presented a unique vision that celebrated tradition while embracing modernity. Paris Fashion Week never fails to captivate and inspire.
While following the fashion trends, upgrading your wardrobe is one of the things that have to be done and bring joy at the same time. Investing in designer shoes can be an excellent way to do this. They look good and offer comfort and quality that you won't find in budget or generic brands. What are the benefits of investing in designer shoes and why it's worth considering them for your wardrobe?
Her interest in mRNA, the genetic messenger that sends DNA instructions to make specific proteins, was often dismissed. While Katalin Karikó thought it could be successful, many scientists didn’t see her vision. Against all circumstances, together with her colleague Drew Weissman, she is a 2023 Nobel Prize Winner in Physiology or Medicine.
With her eloquence, passion for justice, and forward-thinking policies, Slovak President Zuzana Čaputová has earned recognition both within Slovakia and on the international stage. Čaputová's presidency has been marked by a strong commitment to transparency, the rule of law, and anti-corruption efforts.
Women's wealth is a topic that has gained increasing attention in recent years, with women now amassing greater wealth than before. Despite gains, a wealth gap still exists, as families headed by women have lower wealth. Still, according to a report by BCG, women currently control 40% of the world's wealth, and this figure is expected to grow significantly in the years ahead.
We think you might like
Women’s entrepreneurship in India has changed dramatically in recent years. The rises of the start-up culture, the digital revolution and globalization have greatly changed the number of female entrepreneurs.
In Germany, the so-called women’s quota came into force in early 2016. It is a set of commitments to promote female leaders in society. A 30 percent female share in the supervisory boards of listed and co-determining companies is planned. Companies with more than 500 employees are required to set binding targets to increase the proportion of women in their management levels. Was the goal at Family Offices achieved?
In the later years of our lives, we often face new journeys that require a fresh perspective. One such journey is combining finances, an undertaking that can seem overwhelming, especially if it's your first time. Whether it's a late marriage or a late-stage business partnership, merging finances requires careful consideration. Let's take a closer look at some important considerations for this process.
In case you missed it
Christine Lagarde, she is the fourth President of the European Central Bank (ECB) since 2019. However, the French politician did not have it easy, because the beginning of her term was marked by challenges and crisis management due to the emergence of the Corona pandemic. But who is Christine Lagarde and what courses is she steering with the ECB?
