A shopper passes a jewelry display in the window of a Van Cleef & Arpels luxury goods store, operated by Cie. Richemont SA, on via Montenapoleone in Milan, Italy.Bloomberg | Getty ImagesWith a diamond encrusted ring here and a rare gemstone necklace there, the world's wealthiest are continuing to adorn...
Category: Wealth
Here’s JPMorgan’s summer reading list for the wealthy for 2025
Along with the list of 16 books, and increase from prior lists, which had 10, this year's summer reading list also includes suggested summer experiences, from the Dataland exhibit at The Grand LA, to the SailGP racing series and the Hill Family Estate in Napa, California."Life in Three Dimensions: How...
Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown
A Cartier de Panthere wristwatch on display at a Cartier luxury goods store, operated by Cie. Financiere Richemont.Bloomberg | Getty ImagesCartier owner Richemont on Friday posted better-than-expected fiscal fourth-quarter sales, as the wealthiest spenders continued to shrug off global macroeconomic uncertainty.Revenues at the Swiss luxury group rose 7% year-on-year at constant exchange...
Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee
A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee — and there's already a waiting list.The club, called Executive Branch, held a launch party on Saturday night that included at least a half dozen members of President Donald Trump's administration...
Shares of Gucci-owner Kering drop after first-quarter sales slump
A Gucci luxury boutique in Paris, France, on Tuesday, Oct. 22, 2024. Bloomberg | Getty ImagesShares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.Revenues at the fashion giant plunged 14% year-on-year in the first quarter to 3.9...