Luxury Daily
World’s leading luxury business publication
May 29, 2020
  1. South Korea is bright spot for luxury in 2020
  2. Mandarin Oriental, prolific in output, offers fantastic recipes for home chefs
  3. TikTok: Rising star of social beauty
  4. All eyes on China for luxury’s recovery, but no guarantees of future success
  5. Day's wrap: President Trump, Twitter, Girard-Perregaux, Wempe, Copenhagen Fashion Week, Bentley and Harrods
  6. Swiss watch brand Girard-Perregaux holds auction with retailer Wempe for New York food charity
  7. Diamonds are a form of art: DPA exec
  8. Harrods turfs off-season inventory to new outlet store
  9. Facebook Shops is option for small luxury brands and retailers to scale
  10. Bentley Motors debuts Newent line of furniture
The News and Intelligence You Need on Luxury

Subscribe now to get full access for less than $1 per day

Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Financial services

Millennial millionaires not shying away from real estate investments

October 17, 2019

affluent millennial traveler The average millennial millionaire owns three homes. Image credit: Coldwell Banker

 

By Sarah Ramirez

Millennial millionaires make up only 2 percent of the total millionaire population in the United States, but their wealth and influence will continue to grow ahead of the Great Wealth Transfer.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. South Korea is bright spot for luxury in 2020
  2. Mandarin Oriental, prolific in output, offers fantastic recipes for home chefs
  3. TikTok: Rising star of social beauty
  4. All eyes on China for luxury’s recovery, but no guarantees of future success
  5. Day's wrap: President Trump, Twitter, Girard-Perregaux, Wempe, Copenhagen Fashion Week, Bentley and Harrods
  6. Swiss watch brand Girard-Perregaux holds auction with retailer Wempe for New York food charity
  7. Diamonds are a form of art: DPA exec
  8. Harrods turfs off-season inventory to new outlet store
  9. Facebook Shops is option for small luxury brands and retailers to scale
  10. Bentley Motors debuts Newent line of furniture
VIDEOS
More Videos

MORE IN Financial services
Ralph Lauren expects mainland China growth back to positive in Q2
Risk of fraud grows with “buy online, pick-up in-store” trend
Banks should focus on emotion to appeal to consumers lured by non-banking financial options
US fashion label Oscar de la Renta goes for shopper installment payment plan with Affirm deal
Richemont chairman Johann Rupert on company future: “Impossible to make meaningful predictions”
Financial realities, market losses hurting affluent consumers’ view of own financial advisors



RECENT ARTICLES
Italy’s Loro Piana gets giddy on its feet with new Rare Walk Instagram campaign
LVMH’s Le Bon Marché Rive Gauche rolls out colorful “En Couleurs!” exhibition for Parisian shoppers
South Korea is bright spot for luxury in 2020

All eyes on China for luxury’s recovery, but no guarantees of future success
Call for nominations: Luxury Women to Watch 2021
How are Chinese travel influencers handling COVID-19?