8 Predictions for China UHNWIs
21 January 2013
Wealth-X, the ultra high net worth (UHNW) business development solution for Global Private Banks, Luxury Brands, Educational Institutions and Non-Profits, has released eight predictions for China’s ultra high net worth individuals (UHNWIs) for the Year of the Snake.
Commenting on the predictions, Wealth-X CEO, Mykolas D. Rambus said, “As China makes the transition to an economic model based on domestic consumption, 2013 is set to be a prosperous year for the Chinese UHNW population. In particular, we expect to see the private jet industry take off due to the surge in demand for private aircraft as new status symbols.”