WEALTH MANAGEMENT

How to Invest like a Millionaire

Der Pony Club, fotografiert am 24.07.2013 in Kampen auf Sylt (Schleswig-Holstein). Foto: Jens Kalaene/dpa [ Rechtehinweis: Verwendung weltweit, usage worldwide ]
If you play your cards right, you too could own a house one day on the wealthy German island of Sylt (pictured).
  • Why it matters

    Why it matters

    Developing a coherent investment strategy is key to achieving sustainable returns.

  • Facts

    Facts

    • The number of millionaires in Germany grew by 5 percent to 1.2 million in 2015.
    • Wealth managers recommend developing a diversified portfolio with a long-term, global investment strategy that puts stocks before bonds due to low and negative interest rates.
    • That’s a different strategy that many Germans take. Only about one tenth of all Germans bought stock last year. Most prefer bonds and savings accounts.
  • Audio

    Audio

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Germany is a wealthy nation. Of the Forbes list of the world’s 500 richest people, 44 carry German passports.

In 2015, the number of millionaires in the country grew by five percent to 1.2 million people, a number surpassed only by the United States and Japan, according to the consulting firm Cap Gemini.

About 20 kilometers south of the financial center Frankfurt, in the small town of Bad Homburg, 450 family offices manage the fortunes of some of Germany’s wealthiest names. They include the Quandt family, who have amassed a fortune in the billions.

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