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Industry Landscape
The luxury social club market is currently experiencing growth, driven by an increasing demand for exclusive networking opportunities, unique experiences, and community building among affluent individuals. There's a strong trend towards personalized, curated events that offer both social and professional value, often integrating niche interests like exotic cars or philanthropy. Technology, particularly mobile apps, is becoming crucial for member engagement and event management.
Total Assets Under Management (AUM)
Number of High-Net-Worth Individuals (HNWIs) in United States
~Approximately 7.46 million (as of 2023 estimates)
(5.1% (2022-2023) CAGR)
- Growth primarily driven by wealth accumulation in key sectors.
- Strong performance in equity markets contributes significantly.
- Real estate appreciation also plays a role in wealth increase.
Total Addressable Market
Approximately 20 billion