The Lifestyles of the Rich and Famous: Following Global Wealth with Liam Bailey

Where the World's Wealth Is Moving in 2026 with Liam Bailey

Global wealth is evolving rapidly, and the way ultra‑high‑net‑worth individuals are investing is reshaping property markets around the world.

In this episode, Brent Sinclair sits down with Liam Bailey, Global Head of Research at Knight Frank, to unpack insights from the latest Wealth Report and explore where money is moving, why it matters, and what it means for Australia.

From global capital flows and the rise of new wealth markets, to shifting lifestyle preferences and the increasing mobility of the ultra‑rich, this conversation provides a valuable lens on the forces influencing real estate today.

What we cover:

• The continued growth of ultra‑high‑net‑worth individuals globally
• Why wealth is outpacing broader economic growth
• Where the world's wealth is concentrated, including the US, China and Australia
• Australia's projected growth in wealth and why it's outperforming globally
• How political and tax changes are influencing investment decisions
• The rise of global mobility and multi‑home ownership
• Key growth markets including Tokyo and Mumbai
• Luxury investment trends across art, wine, watches and collectibles
• The shift towards experiences, hospitality and lifestyle‑driven assets
• Demand for turnkey, move‑in ready trophy homes
• The impact of construction costs and supply constraints on luxury property
• Geopolitical uncertainty and how investors are responding
• How family offices are approaching real estate in the current cycle
• Why "inevitable demand" is shaping future investment strategies
• Australia's outlook and where it sits on the global stage

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Videography & editing courtesy of BC Images

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