Money matters of the super wealthy tops agenda at Elite Wealth Conference
“We are excited to bring this conference for the first time to South Africa,” says Christelle Colman, MD of Elite Risk Acceptances, a wholly owned subsidiary of Old Mutual Insure. “There is no doubt that COVID-19 has impacted the spending habits of the super-rich. This Conference will share valuable insights from international and local speakers that will equip attendees to better serve and understand this niche market in SA.”
South Africa’s super rich set to grow
The global pandemic may have changed the world, but for the super-rich, who spend their money on flash properties, fast cars, superyachts, luxury handbags and other goods, COVID-19 only increased their spending power. According to Statista.com, the world’s leading billionaires added over one trillion dollars to their collective wealth during the pandemic.