Sports And Charity Top Pursuits of the Wealthy
Ever wondered what preoccupies the wealthy? This report has the answer.
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The world’s richest population are most passionate about philanthropy and sports outside of their pursuit of wealth, according to a Wealth-X report Thursday.
More than one-fifth of the wealthiest individuals, those with a net worth of more than US$5 million, cites philanthropy and sports as their top interests, followed by public speaking, the outdoors, technology, education, and travel, according to the report, Interests, Passions and Hobbies of the Wealthy 2021.
Writing, politics, and art round up the top 10, according to Wealth-X, a global information and insight provider on the wealthy.
Interest in philanthropy increases in line with the wealth level. While 40.4% of those with a net worth of more US$100 million choose philanthropy as their top interest, 22% of those with a net worth between US$5 million and US$ 10 million do so, according to the report.
For the ultra-high-net-worth population, those with a net worth of more than US$30 million, there is a marked difference between women and men. Nearly 47.8% of ultra-wealthy women engage in philanthropy as their top pursuit, compared to 31.1% of men, making philanthropy the second-most popular interest among them, according to the report.
Millennial interests differ significantly from those of the general wealthy population, with the top 10 including travel, music, food, and animals, according to the report.
Reprinted by permission of Penta. Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: May 27, 2021.
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As tariffs bite, Sydney’s MAISON de SABRÉ is pushing deeper into the US, holding firm on pricing and proving that resilience in luxury means more than survival.
Early indications from several big regional real-estate boards suggest March was overall another down month.
As tariffs bite, Sydney’s MAISON de SABRÉ is pushing deeper into the US, holding firm on pricing and proving that resilience in luxury means more than survival.
2 minAs global trade tensions intensify and tariffs reshape the retail landscape, one Australian brand is choosing to scale rather than retreat.
Sydney-founded luxury label MAISON de SABRÉ is doubling down on the US market, pushing ahead with a bold expansion strategy despite rising cost pressures and broader global uncertainty.
While many brands are increasing prices or pausing shipments, MAISON de SABRÉ is holding its price point for customers and continuing to invest in its US operations.
The move reflects a deeper strategic play: a vertically integrated, zero-waste supply chain that allows the brand to deliver on cost, speed, and quality — even under pressure.
It’s this model, paired with consistent product innovation and sharp design, that has helped MAISON de SABRÉ build lasting equity in international markets.
At its pop-up in Bloomingdale’s, MAISON de SABRÉ is currently the top-selling brand in its category — a position it also holds in the top two across both Bloomingdale’s and Nordstrom’s online platforms.
Co-founder and CEO Omar Sabré says this is no accident.
“This is going to be a very difficult period for a lot of smaller brands — especially those relying on offshore mass production or single growth markets,” says Sabré.
“We’ve built a uniquely global model that can absorb shocks — from pricing pressure to supply chain disruption — while protecting customers and safeguarding long-term growth.”
Founded on a mission to deliver modern, accessible luxury, the brand hand-finishes its signature full-grain cowhide goods in Sydney, tested against a 13-point quality control protocol.
Sustainability is embedded, not just as a value but as a competitive advantage. MAISON de SABRÉ sources exclusively from LWG Gold-Rated tanneries, and its transition to DriTan™ leather — the world’s most sustainable tanning method — saves 25 million litres of water annually and reduces chemical use by 33%.
With 85% material utilisation, zero-waste production, and carbon offsetting on track by 2026, MAISON de SABRÉ is setting a new standard for sustainable craftsmanship at scale.
“We’ve always believed that staying close to the customer — operationally and emotionally — is what separates sustainable brands from short-term players,” says Sabré.
“This isn’t just about product. It’s about building systems that hold up in any climate.”
While competitors pivot or pause, MAISON de SABRÉ is executing a long-term strategy built on control, creativity, and disciplined growth. In a disrupted global retail market, the brand isn’t just weathering the storm — it’s shaping the new definition of modern luxury.
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