Hay and Beaverstock (2016) Flashcards
Hay and Beaverstock
2016
2016
Hay and Beaverstock
What does the paper highlight
The super-rich have often been written about, such as Hasler (1999) and Frank (2007)
Chapter of the book
One chapter of the book written by Spence looks at Monaco. It stated that studies of the super-rich in geography look at it from multiple angles (see Hay, 2013). This chapter looks at how wealth and status is expressed in Monaco.
Barriers to research
There is a lot of quantitative data on the super-rich and media coverage. However, researchers have struggled with barriers to engage with the super-rich and understand their lifestyles
What are ultra-high net worth individuals
People with a net worth of more than $30 million
What % of the population to ultra high net worth people take up
They make up only 0.0003% of the world’s population but they hold 13% of the world’s total wealth