Alain and Gerard Wertheimer, the two brothers who own Chanel
Two brothers own Chanel. 19 billion dollars revenue 2025. 84 billion dollars combined net worth. Three generations of Wertheimer leadership since 1924. The European stealth-dynasty case study.
The richest American family no one talks about
Cargill produced 21 billionaires from one privately-held company across 5 generations. Forbes ranks the family 4th in the US. The financial press barely covers them. Inside the stealth dynasty.
Abu Dhabi bought a piece of the auction
ADQ took a $1bn minority stake in Sotheby's in August 2024. Fifteen months later the Lauder Collection sold for $527m. The receiving market just changed ownership stack.
Photography is no longer the sleeper category
Phillips New York sold a sold-out $115.2m photography night in May 2026, more than double 2025. The data had been there for years. The category just stepped up.
Italy just priced the non-dom market at €300,000
From 1 January 2026 the Italian non-dom flat tax rose from €200,000 to €300,000. Every other receiving regime is now reading the line. Inside the receiving-market sort.
The 95,000 dollar psilocybin client
The Oregon psilocybin services programme served 8,000 clients in 2024. Median client income was over 95,000 dollars. Nine of 31 service centers closed. Inside the operational economics.
Christian Angermayer's three years
Christian Angermayer's Apeiron Investment Group anchors the psychedelic renaissance. 2.5 billion dollars AUM, atai Life Sciences to AtaiBeckley, and the Experiences Hospitality Happiness vertical.
Trump signed psychedelics into the executive priority list
On 18 April 2026 President Trump signed an executive order accelerating psychedelic treatments and committing 50 million dollars to ibogaine research. Inside the regulatory pivot.
The cheapest trophy property in Europe is in Athens
Forty percent of Athens property buyers are foreign. Vouliagmeni sits at €7,000 per m², Ellinikon sold out at €14,000. The Greek capital is the trophy market the luxury press still misses.
PIF is walking away from its trophy decade
The Saudi sovereign-wealth fund approved a 2026-2030 strategy with a 15% capex cut, withdrew from LIV Golf, and concentrated into AI. Inside the discipline event.
The largest treasure on Earth is no longer gold
The largest category of lost treasure in 2026 is not gold. It's private keys. Inside the physical, sovereign, and digital treasure markets, and what each one is worth now.