18/04/2025
At the Global Wealth Forum, our Decade of Action for Africa is intentionally disruptive. We are challenging the norm of lavish launches that yield only token financial support, an approach we believe must come to an end. Our backers fully understand and support this bold, impact-driven direction.
Last week in Dubai, Friday, April 11th marked a significant milestone with the manifestation of four landmark developments:
1. Zimbabwe Awarded Hosting Rights for Global Wealth Forum's Africa Wealth Week 2025.
Zimbabwe has officially been awarded the hosting rights for Africa Wealth Week. Despite polling trends, the couesented a compelling bid, bolstered by the strong backing of the Presidency, led by International Council Member Paul Tungwarara, Special Presidential Advisor. The official dates for Africa Wealth Week will be announced in the second quarter of the year.
2. Global Wealth Forum Signs MOU with Victor Longevity
The Global Wealth Forum signed a Memorandum of Understanding with Victoria Longevity, a Dubai-based healthcare center for high-net-worth individuals. The collaboration focuses on promoting longevity solutions to members of our HNW database and facilitating training opportunities for African doctors in stem cell for healthcaredelivery. Advisory Board Member, Her Excellency Ameenah Gurib-Fakim, first female and 6th President of Mauritius signed on behalf of the Global Wealth Forum, while Dr. Steven Victor, the first DHA licensed Physician in Regenerative Medicine in UAE signed for Victor Longevity.
3. New Service Model for HNWIs and Celebrities.
Twin brothers Jorge Ramaheiro Sérgio Ramalheiro, who have served as Special Assistants to Cristiano Ronaldo for nearly four years, unveiled a groundbreaking model of service tailored to celebrities and high-net-worth individuals. Endorsed by Cristiano Ronaldo himself, the model integrates personal safety, a professional corporate presence, and administrative support into one comprehensive service. Farouk Khailann, Business and Investment Advisor to the twins and also Executive Board Member of the Global Wealth Forum, will work alongside Jorge and Serjio to leverage the Forum’s global infrastructure to introduce this unique approach across international markets. Jorge and Sérgio also presented the model to Her Excellency Ameenah Gurib-Fakim.
4. Youth Engagement and Financial Literacy in Zimbabwe
As part of the upcoming Africa Wealth Week in Zimbabwe, Financial Literacy Programs will be rolled out in selected schools, with investment clubs being established to cultivate early financial education. A symbolic moment during the hosting rights ceremony saw young Zimbabweans receiving the hosting key, representing the readiness and enthusiasm of the nation’s youth to embrace financial literacy and empowerment.
23/01/2025
As Global Wealth Forum continuously build our database of high-net-worth individuals to foster impact collaborations and wealth creation mentorship, we are greatly encouraged by the fact that a high-net-worth individual in our database was invited by the leader of a global superpower to his inauguration. It is not merely his proximity to Trump that excites us, but rather the alignment of Trump's approach with one of our core objectives: empowering country managers by granting them access to our network of high-net-worth individuals, where we facilitate and nurture enduring relationships.
President Trump’s presidency has redefined the dynamics of modern leadership by actively engaging with high-net-worth individuals (HNWIs) from across the globe. Recognizing the economic and strategic value of building relationships with influential business leaders, the administration appears to have established a dedicated office to coordinate these efforts. This strategic approach has already borne significant fruits, both in terms of investments and global economic partnerships. By inviting billionaires to key events like his inauguration and maintaining close ties with them, President Trump has created an environment where the private sector feels integral to national progress. Such relationships have proven critical to advancing his administration’s investment drive and aligning global capital with American economic priorities.
A prime example of this strategy’s success is the decision by Hussain Sajwani, founder of Damac Properties in Dubai, to invest $20 billion into developing data centers across the United States. This monumental commitment not only enhances America’s technological infrastructure but also signals to global investors that the U.S. remains a premier destination for high-impact ventures. Similarly, the collaboration between President Trump and Masayoshi Son, founder of SoftBank, underscores the magnitude of these efforts. Masa Son’s pledge to contribute significantly to Trump’s ambitious $500 billion commitment to artificial intelligence showcases how these alliances can drive innovation in critical sectors.
The President’s ability to engage HNWIs also highlights a profound shift in how influence and credibility are wielded in the 21st century. Multilateral institutions are increasingly losing their relevance and credibility in addressing the pressing challenges of our time. Traditional bureaucratic approaches often fail to adapt to the fast-paced changes in global economics, technology, and innovation. In this context, new frameworks and partnerships are essential to drive the necessary transformation. By fostering direct engagement with powerful individuals and organizations, President Trump has charted new fronts that leverage private wealth and expertise for public good. This evolution in leadership style exemplifies a pragmatic approach to navigating modern complexities.
14/01/2025
Despite Africa's immense resource wealth and potential, the continent lags behind in economic growth and the equitable distribution of global wealth. Our ongoing efforts to create the world's largest database of billionaires and millionaires clearly establishes us as a valuable resource and strategic partner for driving impact and development. Pitching and positioning Africa's immense economic opportunity to a database of accessible 21 billionaires and 131 millionaires is a strategic and game changing endeavor.
In line with our commitment to our Decade of Action for Africa, the Global Wealth Forum is preparing for a week-long series of activities in Africa aimed at fostering high-net-worth collaborations, advancing financial literacy and inclusion, and promoting mentorship for sustainable wealth creation. With this in mind, we are pleased to congratulate the following African countries for advancing to the next stage of the bidding process to host the Africa Wealth Week 2025.
Key factors or metrics that would determine a country's success in winning the bid to host include:
Government Support: Strong backing from the government, including financial and logistical support for the event. Collaboration with relevant ministries, agencies, and stakeholders to ensure seamless ex*****on.
Vibrant Capital Market: Presence of a well-established and dynamic capital market that fosters investment and financial growth. Availability of platforms for showcasing investment opportunities during the event.
Visa on Arrival or Simplified Visa Process: Ease of entry for international participants, including visa-on-arrival facilities or expedited visa processing.
Policies that promote seamless travel for attendees.
Economic and Business Environment: Presence of a thriving entrepreneurial ecosystem and high-net-worth individuals to engage in collaborations. Policies that encourage investment and wealth creation.
Financial Literacy and Inclusion Initiatives: Commitment to improving financial literacy and inclusion, aligning with the event’s goals.
Cultural and Tourist Appeal: Rich cultural heritage and attractions to enhance the experience for attendees. Opportunities to showcase the host country as a premier destination for business and leisure.
Public and Private Sector Engagement: Strong participation and commitment from the private sector to support the event. Collaboration between corporate entities, NGOs, and government institutions.
These factors, when combined, create a compelling case for a country to host Africa Wealth Week 2025.
16/12/2024
The 2024 annual meetings of the Global Wealth Forum commenced with an Open Day over the weekend in Dubai, chaired by Advisory Board Member Amb. Dunston P. Various speakers highlighted the forum's vision and its innovative approach to redefining wealth convergence, moving away from elitism and extravagance. The mission to build the world’s largest database of high-net-worth individuals to drive collaboration in impact investment was reaffirmed, with a renewed commitment to achieving this goal by 2026.
Mohamed Alhashmi a Steering Committee member and Chairman of Sports Investment at the forum, presented Sporting Towards Wealth: A Dollar for Each Breath, a project aimed at promoting financial literacy and wealth creation and sustainability idealogies among athletes and sports stakeholders.
Executive Board Member in charge of coordination Farouk Khailann reflected on the forum’s evolution since its inception in 2019, reiterating that the monthly virtual introductory calls between millionaires and billionaires remain a cornerstone activity. He also hinted at exciting collaborations to be announced in Q3 2025.
Amb. Dunston P reaffirmed the unwavering support of the The Private Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi for Strategic Alliances and Policies in positioning the forum as a pioneer in high-net-worth collaborations, mentorship, and financial literacy.
Mariyam Ahmed , Steering committee Member and a distinguished professional in the aviation industry known for hosting numerous celebrities in Dubai, emphasized the value of cultivating relationships with high-net-worth individuals while avoiding a "transactional mindset"
The meeting also welcomed the Head of Startup Development at the Office of the Indian Prime Minister, who commended the Global Wealth Forum for its innovative approach in disrupting traditional wealth distribution dynamics.
A key highlight of the event was the signing of a Memorandum of Understanding (MOU) between the Global Wealth Forum and Simba Money Ltd. This collaboration aims to advance efforts toward financial inclusion in East Africa. The MOU was signed by AbdurRab Aslam, CFO of Simba Money, and Mohamed Alhashmi representing the Global Wealth Forum.
The meetings of various committees are set to conclude mid-week, wrapping up the year for the Global Wealth Forum and unveiling its 2025 agenda.
18/10/2024
Global Wealth Forum - Bid Announcement for Hosting Africa Wealth Summit 2025. Which African country wins the bid?
When high-net-worth individuals collaborate, they create opportunities for significant economic impact. When they offer mentorship, they help cultivate the next generation of high-net-worth individuals. And when their legacies are protected and showcased, they inspire the world. These core principles embody the mission of the Global Wealth Forum.
As the Global Wealth Forum (GWF) continues its mission to build the world's largest database of millionaires and billionaires, we are excited to announce the opening of the bid process for hosting the Africa Wealth Summit 2025. This prestigious event will bring together Africa's wealthiest individuals, families, and the professionals who manage their wealth, to foster networking, collaboration, and opportunities across the continent.
We invite interested countries to submit their formal expression of interest to host this landmark summit. Please submit your proposals through [email protected].
The Africa Wealth Summit 2025 presents a unique opportunity for the selected host country to showcase its commitment to the growth of wealth creation, investment, and sustainable economic development. GWF International Council Members in each country are available to facilitate and support the bid process, ensuring smooth engagement and preparation.
We look forward to receiving your submissions as we continue to shape the future of wealth management and economic empowerment in Africa
18/10/2024
In 2019, at the esteemed German National Day event held at the Ritz Carlton in Jumeirah, Dubai, a gathering of influential guests engaged in discussions about wealth creation. During these interactions, the son of a billionaire shared insights from his father, stating, "My father always emphasized that his wealth was built through networking and financial discipline." This inspired the group to unite in addressing a distinct challenge: finding ways to connect with and engage hard-to-reach millionaires and billionaires.
Recognizing the untapped potential for collaboration and mentorship among these high-net-worth individuals (HNWIs), this distinguished group of guests decided to take action. Each person pledged to present the names and details of the HNWIs within their network, and thus, the idea of building a global database to foster partnerships and mentorship was born. From this bold initiative, the Global Wealth Forum was established.
The mission was clear: to create the world’s largest database of high-net-worth individuals, facilitating opportunities for collaboration, investment, and mentorship on a global scale. Today, the Global Wealth Forum is proud to host a database that includes 21 billionaires and 127 millionaires, creating a unique platform for cross-border business ventures and strategic partnerships.
As the forum continues to expand its reach, it has consolidated its efforts globally, boasting representation in 42 countries. The leadership structure has also grown, with the establishment of 5 Advisory Board Members, 30 International Council Members, and 25 Steering Committee Members, all working together to drive the forum's mission forward.
Under the kind patronage of The Private Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi for Strategic Alliances and Policies and comradery of Amb. Dunston P, the Global Wealth Forum will celebrate its 5th anniversary, marking the occasion with its First Annual Meeting in Dubai (14th - 15th December). This landmark event will not only commemorate the forum's achievements but will also serve as a pivotal moment for its future. Key decisions will be made, including the endorsement of leading roles within the organization such as Secretary General, Board Chairman, and President, ensuring strong leadership as the forum continues to grow and expand its influence.
This milestone meeting will cement the forum's role as a leading platform for HNWIs, enabling them to come together, share knowledge, and drive global economic impact through mentorship and collaboration.
For enquiries, kindly contact us on [email protected].
16/10/2024
We are excited to welcome Andre Bezuidenhout to the Global Wealth Forum as a representative of South Africa on the Southern Africa Steering Committe.
Andre Bezuidenhout is a visionary leader and strategic innovator with an exceptional track record in business transformation, strategic management, and risk consulting. With over two decades of experience, Andre has demonstrated unparalleled expertise in driving growth, fostering innovation, and delivering transformative change within various sectors. His unique blend of entrepreneurial spirit, leadership acumen, and deep industry knowledge sets him apart as a dynamic force in the business world.
His tenure at G'SEC, a strategic management consulting firm, marked a significant milestone. As Director, he played a pivotal role in driving business growth, fostering client relationships, and offering expert guidance on strategic initiatives. Andre excelled in the realms of business transformation and risk consulting, providing invaluable insights that empowered organizations to navigate complex challenges and emerge stronger.
Andre's entrepreneurial spirit came to the fore when he founded The Key Club, a cutting-edge venture focused on integrating advanced technologies into the travel industry. As the Founder, he spearheaded initiatives to revolutionize the sector, emphasizing transparency, real-time information, and secure transactions. His innovative approach and commitment to disintermediation have set new standards in the travel industry.
Beyond his entrepreneurial ventures, Andre's impact reverberates through his strategic vision and thought leadership. His roles as Managing Director of Blue Bio Holdings, Director of Operations at Interactive Africa, and his tenure at Ogilvy South Africa underscore his ability to drive excellence in diverse environments. His strategic acumen, keen business insights, and ability to build high-performing teams have been instrumental in achieving remarkable turnarounds and establishing industry benchmarks.
15/10/2024
is 50 years. To mark the occasion, a strategic retreat was organized in Dubai from 12 to 13 October 2024. Our Advisory Board Member and Chair of Impact Investment Committee, Her Excellency Ameenah Gurib-Fakim graced the gathering.
She had the honor of chairing the session on "Geopolitical Megatrends," where riveting discussions took place. A key topic was the global narrative—are we in a multipolar world or a fragmented one? The discussions on AI were particularly alarming, with statements like "AI is also about stealing IP" and the revelation that 70% of Africans live in just 10 countries. Reflecting on the insights, she concluded that "the new world is dying, and the new one is struggling to be born."
Additionally, Her Excellency (seated in the center of the front row) was delighted to catch up with Former Presidents Macky Sall of Senegal, Kgalema Motlanthe of South Africa, and Lionel Zinsou, Past Prime Minister of Benin. The retreat's importance was underscored by the presence of major banks and key economic players, all focused on shaping the economic future of Africa.
15/10/2024
Amb. Dunston P, Advisory Board Member at Global Wealth Forum and His Highness Sheikh Ahmed Bin Faisal Al-Qassimi recently hosted Jacob Arabo in Dubai ahead of partnership efforts.
Jacob Arabo is the founder of Jacob & Co, a luxury watch and jewelry brand known for its innovative designs and high-end clientele.
Founded in 1986, the company has gained a reputation for creating extravagant, bespoke timepieces and jewelry, favored by celebrities and high-net-worth individuals. Jacob & Co is valued at over $100 million, renowned for its signature bold aesthetics and groundbreaking craftsmanship in the luxury watch industry.
Jacob Aruba has a long list of clienteles including Cristiano Ronaldo, Jay-Z, Floyd Mayweather, Leonardo DiCaprio, Kanye West, David Beckham, Drake, Pharrell Williams and Madonna.
As our networking continues to grow, we are keen on amplifying our commitment to fostering High Net Worth collaborations towards opportunities creation for our community and world at large.
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15/10/2024
We are proud to share highlights from Executive Board Member Farouk Khailann’s recent working visit to Zimbabwe alongside billionaire Shaji Ul Mulk and his millionaire brother Dr. Shafi Ul Mulk, where he serves as an advisory board member for their UAE-based conglomerate, Mulk International. The group has achieved remarkable success across various global industries, with its flagship company, Alubond USA, playing a crucial role in iconic projects, including Dubai's DXB Airport.
During this visit, Farouk Khailann had the opportunity to attend the finals of the Afro Zim T20 Cricket Tournament. The focus of his trip centered on two key projects: the Zim Cyber City project in Mount Hampden, a landmark $500 million development that showcases Mulk International’s vision for large-scale, transformative projects in Zimbabwe. Additionally, the recently inaugurated Mulk Medicare Virtual Hospitals ecosystem, launched by His Excellency President Emmerson Mnangagwa, aims to revolutionize healthcare across the nation. This forward-thinking initiative underscores Mulk International’s commitment to enhancing healthcare accessibility and quality, starting in Zimbabwe and set to expand across Africa through the Mulk Med Healthcare ecosystem.
We firmly believe that when high-net-worth individuals extend their investments beyond their comfort zones, the world reaps significant economic benefits. Mulk International's commitment to spreading investments across Africa is a shining example of this, and we commend Shaji Ul Mulk and Shafi Ul Mulk for their visionary efforts. As part of Global Wealth Forum’s Decade of Action for Africa, we are proud to support and celebrate their dedication to driving growth and development across the continent.
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15/10/2024
Khalid Al-Menhali is a seasoned professional with extensive experience in government relations, business strategy, and business development across the Middle East region. With a career spanning nearly a decade, Khalid has established himself as a trusted advisor and strategic partner in various industries.
Currently serving as the Director of GCC Strategic Partnerships at Northman & Sterling in Riyadh, Saudi Arabia, Khalid plays a pivotal role in fostering relationships with key stakeholders and driving business strategies in the Gulf Cooperation Council (GCC) region. His expertise in government relations and business strategy enables him to navigate complex regulatory environments and identify opportunities for growth and collaboration.
Prior to his current role, Khalid served as a Business Development Manager at Northman & Sterling, where he excelled in business analysis, government relations, and strategic planning. His proactive approach and keen understanding of market dynamics contributed to the company's success in expanding its presence and enhancing its business operations.
Before joining Northman & Sterling, Khalid worked as a Consultant at Fragomen, where he specialized in government relations and immigration issues. His experience in navigating legal and regulatory frameworks provided invaluable insights into managing complex business challenges and ensuring compliance with local regulations.
Khalid's professional journey also includes serving as a Business Manager for Manpower Services at Advance Group in Abu Dhabi, where he demonstrated exceptional leadership skills and business acumen in driving growth and managing operations. His tenure at Advance Group spanned over nine years, during which he played a key role in building strategic partnerships and delivering innovative solutions to clients.
With a solid foundation in government relations, business strategy, and business development, Khalid Al-Menhali is well-positioned to make significant contributions to organizations seeking to expand their footprint in the Middle East market. His strong leadership abilities, coupled with his strategic vision and deep industry knowledge, make him a valuable asset in driving business growth and fostering sustainable partnerships.
www.gw-forum.org
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