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Where do the ultra rich spend their holidays?

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In a world where luxury knows no bounds, the ultra-rich have unlocked the door to opulent holiday destinations hidden from the masses.

From remote private islands to exclusive mountain retreats, these global elites escape the ordinary in style.

Ever wondered where the world’s wealthiest individuals unwind when the rest of us settle for ordinary getaways? Brace yourselves for a peek behind the velvet curtain of extravagance as we delve into their holiday choices, shrouded in secrecy.

For those with pockets as deep as oceans, it’s no surprise that their vacation spots are equally bottomless. From Richard Branson’s Necker Island to the Maldives’ underwater hotels, these destinations redefine luxury. But what’s the true cost of such opulence, and can the rest of us dream of ever indulging?

The top 17 centi-millionaire seasonal hotspots include more than 10 U.S. cities.

Source: Visualcapitalist.com

Apart from these, we can see several French cities such as Paris, Nice, Cannes, and Antibes, as well as Portugal’s Golden Triangle and Lisbon on the list.

Global Centi-Millionaire Trends

Henley & Partners’ 2023 Centi-Millionaire Report states that the global centi-millionaire population is expected to grow by 38% in the next ten years, reaching nearly 40,000 by 2033.

This growth is likely to be witnessed in countries such as China, India, and Saudi Arabia. China’s Hangzhou and Shenzhen are expected to see the highest percentage growth in centi-millionaire populations through 2033, growing by 95% and 88%, respectively.

Despite the rapid wealth growth in the global East, it’s noteworthy that many centi-millionaires are still graduating from American universities. Over half of the top 20 universities with the most centi-millionaire alumni are in the United States, with Harvard, Stanford, and the University of Pennsylvania taking the top three spots.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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