Listen to the podcast
To hear the full episode of Wealth Insights, now part of the Beyond Markets podcast series, please follow the links below to Apple Podcasts or Spotify.
Key takeaways
- Our report shows that the top priorities among affluent individuals and families across the globe are a contrast between financial stability and personal resilience.
- Asia remains the most costly region to live well for the fourth year in a row.
- Europe, the Middle East and Africa (EMEA) is the most affordable region in which to live well.
- Booming demand for personal mobility and long-haul travel in all regions surveyed shows a world that is truly on the move again, with levels of both leisure and business travel set to continue to grow in the coming year.
- Our survey shows that even the wealthy are not cushioned from rising living costs, and that they are deploying recently accrued capital.
Against a backdrop of a cost-of-living crisis, soaring energy costs, rampant inflation, and war in Europe, this year’s Global Wealth & Lifestyle Report shows that the top priorities among affluent individuals and families across the globe are a contrast between financial stability and personal resilience. Wealth is now as much about ensuring the health and security of your family, both physical and mental, as it is about maintaining your lifestyle.
In this special episode, editor-in-chief John explains that as well as indexing the cost of goods and services most relevant to wealthy individuals, the GWLR's Lifestyle Survey has been expanded to include North America, Singapore, and Qatar. It asks more in-depth questions about health and wellbeing, sustainable practices, and financial situations, enabling us to provide a more nuanced answer to key questions about maintaining living standards and more.
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