According to a recently published by Knight Frank Research report on welfare (The Wealth Report 2014), jewelry tops the rating of "emotional investment" among the richest inhabitants of the planet, reports Rapaport. The second most popular are works of art, followed by watches, wine, diamonds, classic cars, photographs, furniture, musical instruments, coins, stamps and ceramics. In different regions, this rating has certain features and differences.
The report says that jewelry has become the most common collector in the "emotional investment" segment for wealthy residents in Africa, Asia, Latin America, the Middle East and Russia. At the same time, in the region of Australasia, jewelry ranked third, ranking in popularity for art and cars, and in Europe they are in 4th place after wine, art and watches. In North America, jewelry is the third most popular emotional investment after works of art and watches.
Knight Frank Research found that 36% of affluent investors around the world this year are planning to increase their investments in luxury goods (the most significant growth will be in Africa); 57% of rich people expect to spend about the same amount as in 2013, and only 7% of respondents expect to cut spending on luxury goods (the most significant decline is in Latin America).
The welfare report is compiled on the basis of data collected from 23,000 very large states (UHNWI), whose average cost is estimated at $ 68 million. Knight Frank Research assigns to this category individuals with financial assets of at least $ 30 million without taking into account real estate at the main place of residence.