The ranks of the global superrich shrank last year for the first time since 2008, a fresh signal that slower economic growth, stock market shocks and weak commodity prices have taken their toll. Analysts are not worthy thought, as the percentage of global super rich is expected to rise 41% by 2025. In order to reach that peak, we can assume that high net-worth investors will grow hungry for new asset classes, and RIA's will have to be creative on how they create value for their super special clients.
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World’s Superrich Population Declines for First Time Since 2008
“Private wealth investors have become far more sophisticated and considered, and are not just hunting for trophy assets,” a Knight Frank statement said. “They view commercial property as tangible, controllable, not subject to daily pricing and giving real performance relative to other asset classes.”
