INVEST IN AFRICA'S FIRST BLACK OWNED LUXURY MANAGEMENT GROUP
by Vamero Mdlalose
Invest is Africa’s finest and only black owned bespoke luxury management group designed to cater exclusively for the needs of the ultra-affluent clientele and for those educated in the enjoyment of refined indulgence. The group will have a specialized focus on luxury marketing and publicity; luxury concierge and luxury lifestyle management services; private shopping and luxury goods; high end gastronomy projects and events management; restaurants, beach clubs, luxury nightclubs and resorts. Our functionality as a luxury group is defined by the desire to offer first class representation and the highest standards of excellence and bespoke services to the world’s wealthiest families and iconic luxury brands.
Our launch event which will be a two day uber exquisite high end gastronomy event (the Privé d’Elegance Exquisite Gala Dinner & Polo Masters) designed for Africa's affluent and ultra affluent high net worth individuals, will strategically market the group's bespoke offerings (high end publicity & luxury marketing, luxury concierge & luxury lifestyle management services and the Privé d’Elegance Projects).
The African Luxury Market
The luxury goods revenue in Africa is expected to reach € 2 billion by the end of 2015, an indication that there is a wealth of opportunities for luxury goods and services in the continent. The growth for African HNWI wealth increased by 11.5%, to a total wealth of $1.3 trillion, 1.5% above the global average. The number of billionaires in Africa is expected to grow by 117% over the next decade, the second-fastest regional rate of growth in the world after Asia. The UBS World Ultra Wealth Report by Wealth X revealed that Africa’s Ultra High Net Worth population increased by 9.5% with a combined worth of $350 billion in 2013, a 7.7% rise from 2012.
The South African Luxury Market
South Africa has 48 700 High Net Worth Individuals with a combined wealth of $200 billion accounting for 35% of SA’s total individual wealth of $570 billion. SA’s HNWI’s outperformed the worldwide HNWI average during the review period of 2007 – 2013 with SA HNWI numbers increasing by 74% whistle worldwide HNWI volumes declined by 0.3%. South Africa is also home to 5000 UHNWI with an average wealth of R1.098 billion per person. Over the 4 year forecast period, the number of SA’s HNWI’s is projected to grow by 28% to reach over 62 40 in 2017.
We are seeking individual or group investments between $ 100 000 and $ 500 000 in return for equity shares no lesser than 10% and no greater than 49%. For a detailed presentation kindly contact me at email@example.com or on +27 74303583
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