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Asset Allocation
Money and Wealth

Asset Allocation and its Impact on Portfolio

You’d often hear advice from high-net-worth individuals (HNWIs) not to put all your eggs in one basket. They will ask you to diversify your portfolio of investments. Why? Because it helps to reduce risk and enhance the likelihood of consistent returns. The more spread out your portfolio is, the more...
Ultra High Net Worth
CEO Advisory

The Ultra High Net Worth Achievement Plan

An estimated two-thirds of American millionaires made their money from business.  It’s easy to understand why.  Saving a million dollars from your W-2 earnings is hard. If you’re earning a median salary approximating $50,000 annually, you’d have to set aside 10% of your compensation to save $1 million, assuming you...
Germany Flag German Flag
Stats Gate

Wealthiest People in Germany (June 20, 2023)

As of June 20, 2023, Dieter Schwarz was the wealthiest person in Germany, with an estimated net worth of 48.8 billion U.S. dollars, followed by Klaus-Michael Kuehne (No. 2, $33.7 billion), Reinhold Wuerth  (No. 3, $29.6 billion); and Stefan Quandt (No. 4, $27.0 billion). Susanne Klatten is the fifth-richest person in...
Flag of France in Paris.
Stats Gate

Wealthiest People in France (June 20, 2023)

As of June 20, 2023, Barnard Arnault was the wealthiest person in France, with an estimated net worth of 228.6 billion U.S. dollars, followed by Francoise Bettencourt Meyers (No. 2, $89.6 billion), Francois Pinault (No. 3, $37.5 billion); and Gerard Wertheimer  (No. 4, $32.6 billion). Alain Wertheimer is the fifth-richest person in...
Finland flag
Stats Gate

Wealthiest People in Finland (June 20, 2023)

As of June 20, 2023, Antti Herlin was the wealthiest person in Finland, with an estimated net worth of 4.3 billion U.S. dollars, followed by Heikki Kyostila (No. 2, $2.0 billion), Mika Anttonen (No. 3, $2.0 billion); and Ilkka Herlin (No. 4, $1.8 billion). Ilona Herlin is the fifth-richest person in Finland, with a whopping $1.7...
Canada Flag Canadian Flag
Stats Gate

Wealthiest People in Canada (June 19, 2023)

As of June 19, 2023, David Thomson was the wealthiest person in Canada, with an estimated net worth of 57.7 billion U.S. dollars, followed by David Cheriton (No. 2, $10.6 billion), Changpeng Zhao (No. 3, $10.2 billion); and  Jim Pattison (No. 4, $10.1 billion). Anthony Von Mandl is the fifth-richest person...
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