Dubai has secured its position through a combination of factors whilst legacy cities struggle
wealthy individuals
Latest in wealthy individuals
Air travellers
Dubai leads Middle East private jet demand, says X-1 Jets CEO
Gulf travelers can fly private between Mykonos and Ibiza this summer for just over AED20,000 an hour, X-1 Jets CEO says as demand from Dubai leads regional growth
billionaires
Dubai is now home to over 81,000 millionaires
The global population of the ultra-wealthy is set to double by 2035, Henley & partners’ new report finds
Billionaire
Billionaires lose $208bn in a single day as Trump tariffs rock global markets
While the world’s 500 richest saw fortunes plummet, Middle Eastern tycoons were the only group to post gains amid the market turmoil sparked by Trump’s tariffs
High Net Worth Individuals
Luxury travel for the ultra-wealthy: Inside the Dubai company that curates expeditions for the rich
The Dubai-based company has been serving clients with a net worth of over $50 million, including several celebrities, legacy families, and entrepreneurs, for over 16 years
Four Seasons
Revealed: The island location four hours from Dubai where the rich carry out secret business deals, meetings
With two locations in Seychelles, the Four Seasons offers exclusivity, ultra-luxury properties and world-class amenities in response to demand from high-net-worth individuals
amnesty fines
Dubai real estate supply; Exclusive Salt Bae interview; Sheikh Hamdan announces well-being resort; UAE deportations; Kuwait announces holiday – 10 things you missed this week
Dubai real estate analysis, new well-being resort announced, Brits flock to the UAE, Kuwait announces holiday and more top news stories this week
High Net Worth Individuals
Middle-class Britons join wealth exodus to UAE amid UK economic uncertainty
The migration wave comes as Britain grapples with multiple challenges, including the planned abolition of non-dom tax status and broader economic uncertainty
Abu Dhabi
Side hustles in Dubai; UAE petrol prices; Saudi job localisation; Habtoor cancels Lebanon investments – 10 things you missed this week
UAE petrol prices, Dubai real estate analysis, Saudi job updates, how to get a side hustle and more top stories this week
High Net Worth Individuals
UK millionaires head for Dubai, Abu Dhabi despite attempts to slow exodus, experts say
Experts also called for a complete reversal of the planned amendments to the non-dom tax rules to make it easier for wealthy individuals to relocate to the UK, particularly in light of the Trump presidency
Golden visa
Spain to end Golden Visa programme on April 3, 2025
Launched in 2013, the Golden Visa Program of Spain is estimated to have made a significant contribution to the country’s economy
ACRES Real Estate Exhibition
Millionaires flock to UAE; Sharjah slashes real estate fees; Free zone offers fast-track visas; Neymar invests in Dubai property; Black Friday bargains – 10 things you missed this week
Millionaires in the UAE, real estate promotion in Sharjah, fast-track visas at new free zone, Dubai property updates and more of the top news stories this week
Entrepreneur
EXCLUSIVE: UK seeing ‘huge millionaire exodus’ to UAE, says Diary of a CEO’s Steven Bartlett
The celebrity entrepreneur also revealed that he could be making the move to the UAE himself within the next five years
Dubai real estate
Is Dubai’s luxury real estate market ignoring middle-class potential?
A more balanced approach has emerged, where luxury coexists with a commitment to creating affordable housing solutions
Amazon
Mark Zuckerberg surpasses Jeff Bezos as world’s second-richest person with $206.2bn net worth
Zuckerberg now stands just behind Tesla and SpaceX CEO Elon Musk in the pecking order of global rich persons
Cryptocurrency
‘Feisty’ Gen Z millionaires shaking up investment world, pouring money into crypto, art
While designer goods and high-end real estate remain popular, young millionaires and billionaires are increasingly allocating significant portions of their wealth to unconventional investments and experiences
Cryogenics
Frozen billionaires: Inside the world of cryogenics and the quest for immortality
With increasing popularity and steadily rising demand, the market share of cryogenics is expected to reach $17.4 billion by 2027