Art, jewellery, cars, stocks, real estate: Where do the ultra-rich invest?
Mar 25, 2022
According to Knight Frank report, art emerged as the top investment avenue
Art emerged as the top investment avenue for ultra-high net worth individuals (UHNWIs) in 2021, followed by jewellery and vintage cars, as individuals steered towards passion-led investments, suggest the findings of the latest Knight Frank Wealth Report 2022. UHNWIs are individuals with a net worth of $30 million and above.
Among asset classes, investment preference in luxury handbags and wines slipped from first to fifth and seventh, respectively, in 2021. According to Knight Frank’s luxury investment index (global), art provided a…read more