Wealth Management Roundup

The wealth of America’s richest 0.1% has surged to nearly $28 trillion, with average household net worth approaching $204 million as gains in equities widen the gap at the very top.

Britain has lost or loosened its hold on £121 billion in billionaire wealth since 2024, as tax reforms accelerate the movement of the super-rich towards Monaco, Italy, Switzerland and the UAE.

Norway’s prime minister says the country’s $2tn sovereign wealth fund is designed to last indefinitely, preserving petroleum wealth for future generations while limiting annual withdrawals to long-term investment returns.

Germany risks losing mobile wealth and entrepreneurial capital to countries with clearer residency routes. Christian H. Kälin, one of the world’s leading investment migration experts, argues that Germany has the strengths to compete but lacks a strategy.

Africa’s billionaire class is growing faster and spreading wider, signalling a gradual but notable shift in the continent’s wealth landscape, as new fortunes emerge beyond traditional strongholds and fresh private-wealth hubs begin to take shape.

Panama has introduced separate property thresholds for investor residence, preserving a lower entry point for new developments while tightening valuation, funding and annual compliance requirements. Pictured: Ciudad de Panamá, Panamá.

Greek lawyer Grigoris Gaitanaros considers the Golden Visa’s impact beyond capital and property, looking at integration, education, community ties and what remains after the investment has been made.

Revolut faces a $3 million ransom demand after a data breach affecting hundreds of customers, testing trust in one of Europe’s fastest-growing digital banking platforms.

Global wealth mobility is reshaping Europe’s financial map. As another senior investment executive leaves London for Luxembourg, Britain faces growing competition from jurisdictions courting mobile capital, fund managers and the businesses that follow them.

For more than four decades, St Kitts and Nevis has occupied an unusual position in global investment migration. It pioneered citizenship by investment in 1984. Now, Premier of Nevis Mark Brantley believes the model is entering another transformation.