Q1, 2023

Contents

18

43

36

22

The Agenda

14 EDITOR’S LETTER

By Edwin Smith

16 READERS’ LETTERS

Our readers share their views

18 DIARY

With natural gas trader and film producer Bill Perkins

21 PHILANTHROPY

James Reed on how funding platform The Big Give boosts donations

22 SHOT BEFORE DAWN

Photos from the 2022 Spear’s Awards at Grosvenor House on Park Lane

24 THE HEDGEHOG

News from around the HNW universe, from private schools to Savile Row

26 BOOKS

A review of The Crisis of Democratic Capitalism by Martin Wolf

28 LIQUID LUNCH

With yacht broker Jamie Edmiston

30 MATTHEW GOODWIN

Rishi Sunak faces a huge battle to restore the public’s faith in this government

31 ANNAMARIA KOERLING

The collapse of crypto exchange FTX should act as a wake-up call for investors

32 ROBERT AMSTERDAM

Overbearing transparency laws are putting legitimate HNWs in danger

34 PADDY MANNING

The strange world of Lachlan Murdoch

The Briefing 37 Property

38 PROMISED LAND? The Spear’s Property Survey 2023

uncovers some divided opinions but largely optimism in the industry

41 LOFTY AMBITIONS

The man plotting the next stage of Canary Wharf ’s evolution says it will look beyond the world of work

42 THE POWER OF ONE

Why so many high-end developments now have ‘One’ in their name

43 DUBAI’S PRIME TIME

From ‘Covid Casablanca’ to a booming property market, Dubai has turned things around, says John Arlidge

47 BASE INSTINCTS

A new project aims to fill the gap between permanent residences and hotels for homely stays in London