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Europe’s UHNW Population &
The Private Jet Industry
International Corporate Jet Finance Conference4th February 2014
Agenda
UHNW POPULATION: OVERVIEW
EUROPEAN UHNW POPULATION
LUXURY HOLDINGS
PROFILING JET OWNERS
BEST PRACTICE FOR BUSINESS DEVELOPMENT
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More Wealth, More Wealthy
199,235 UHNW Individuals globally
Combined net worth of US$27.8 trillion
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European UHNW Population
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UHNW Population
UHNW Wealth
2012-2013 Population
Growth (%)
2012-2013 Wealth Growth
(%)
World 199,235 27,770 6.3% 7.7%
Europe 58,065 7,675 8.7% 10.4%
In the next five years Europe’s UHNW population and wealth will grow at the annual average growth rate of 2.3% and 3.7%, respectively.
This is slower than the average annual growth rate of the global UHNW population and wealth of 4% and 5.4%, respectively.
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“Holdings of Passion” Will Grow
Total value of UHNW individuals’ luxury assets: US$1.1 trillion
Global Average UHNW luxury holdings: US$5.9 million
2013 Luxury Spending(excluding real estate)
RegionLuxury Spend
US$ billion
North America 29
Asia 23
Europe 18
Latin America 5
Middle-East 2
Oceania 1.5
Africa 0.5
Total 79
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Luxury Assets(excluding real estate)
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UHNW Luxury spending expected to grow 13% this
year
* Cars, antiques and jewellery
Luxury GoodsWorldwide
SpendUS$ billion
Art 21
Aviation 19
Yacht 13
Travel 9
Others* 17
Total 79
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European Business Jet Owners are Wealthy
Average value of private aircraft: US$19 million
Average Business Jet UHNWIAge: 60 years oldGender: 96% MaleMarital Status: 81% MarriedSource of Wealth: 70% Self-MadeNet Worth: US$450 millionLiquidity: US$90 million
22% of European Jet Owners are from the Finance, Banking & Investment sector
10% are from the Textiles, Apparel & Luxury Goods sector
Similarities in Habits
Singapore | Beirut | Budapest | Guangzhou | Hong Kong | Kuala Lumpur | London | Lugano | Madrid | Mumbai |
New York | Sydneywww.wealthx.com
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25% of all European Jet Owners also enjoy yachting
15% enjoy playing or watching soccer
15% enjoy skiing
The easiest new revenue comes from your existing customers and their network
Business jet owners’ social graph worth: US$ 1.1 trillion
Superyacht owners’ social graph worth: US$710 billion
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One of our Several Beliefs
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Business jet owners’ social graph worth: US$ 1.1 trillion
Comparatively
Superyacht owners’ social graph worth: US$710 billion
Business Jet Owners’ Social Graph is Valuable
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