Ultra-Wealthy Investors Eye Asteroid Mining as New Asset Class
According to the latest Wealth Report by global consultancy Knight Frank, ultra-wealthy investors are increasingly drawn to the risks and potential rewards of asteroid mining. The report, which details the state of property and wealth worldwide, highlights that despite volatile commodity prices on Earth, these investors are looking to space for precious assets. The trend reflects a growing interest in extraterrestrial resources as a diversification strategy for the ultra-rich.
Key facts
- Knight Frank's Wealth Report highlights asteroid mining as a new investment interest.
- Ultra-wealthy investors are attracted to the risks involved in asteroid mining.
- The report notes that commodity prices on Earth are volatile.
- Asteroids are considered precious assets by some investors.
- The Wealth Report details the state of property and wealth worldwide.
- Knight Frank is a global consultancy firm.
Entities
Institutions
- Knight Frank
Sources
- Quartz —