Sports And Charity Top Pursuits of the Wealthy
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Sports And Charity Top Pursuits of the Wealthy

Ever wondered what preoccupies the wealthy? This report has the answer.

By Fang Block
Fri, May 28, 2021 11:31amGrey Clock < 1 min

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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The personal wardrobe of the late fashion designer Vivienne Westwood, who is credited for introducing punk to fashion and further developing the style, is headed to auction in June.

Christie’s will hold the live sale in London on June 25, while some of the pieces will be available in an online auction from June 14-28, according to a news release from the auction house on Monday.

Andreas Kronthaler, Westwood’s husband and the creative director for her eponymous fashion company, selected the clothing, jewellery, and accessories for the sale, and the auction will benefit charitable organisations The Vivienne Foundation, Amnesty International, and Médecins Sans Frontières.

The more than 200 lots span four decades of Westwood’s fashion, dating to Autumn/Winter 1983-84, which was one of Westwood’s earliest collections. Titled “Witches,” the collection was inspired by witchcraft as well as Keith Haring’s “graphic code of magic symbols,” and the earliest piece being offered from it is a two-piece ensemble made of navy blue serge, according to the release.

“Vivienne Westwood’s sense of activism, art and style is embedded in each and every piece that she created,” said Adrian Hume-Sayer, the head of sale and director of Private & Iconic Collections at Christie’s.

A corset gown of taupe silk taffeta from “Dressed to Scale,” Autumn/Winter 1998-99, will also be included in the sale. The collection “referenced the fashions that were documented by the 18th century satirist James Gillray and were intended to attract as well as provoke thought and debate,” according to Christie’s.

Additionally, a dress with a blue and white striped blouse and a printed propaganda modesty panel and apron is a part of the wardrobe collection. The dress was a part of “Propaganda,” Autumn/Winter 2005-06, Westwood’s “most overtly political show” at the time. It referenced both her punk era and Aldous Huxley’s essay “Propaganda in a Democratic Society,” according to Christie’s.

The wardrobe collection will be publicly exhibited at Christie’s London from June 14-24.

“The pre-sale exhibition and auctions at Christie’s will celebrate her extraordinary vision with a selection of looks that mark significant moments not only in her career, but also in her personal life,” Hume-Sayer said. “This will be a unique opportunity for audiences to encounter both the public and the private world of the great Dame Vivienne Westwood and to raise funds for the causes in which she so ardently believed.”

Westwood died in December 2022 in London at the age of 81.

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