Altrata Enhances Wealth Intelligence Dataset with Over 2 Million Profile Updates
Data expansion remains a priority for the new People Intelligence brand
NEW YORK, September 28, 2022 /PRNewswire/ — Altrata, the global leader in personal information about the world’s most influential people, has announced several significant expansions to its wealth database. Over 2 million profiles have been added or enhanced with new investments, relationships, career history, donations and private foundation details.
Altrata’s commitment to growth and innovation continues, following the the meeting of Keya Hammond as Chief Innovation Officer. Critical data integrations are underway and expansion efforts like this are designed to deliver more customer value.
Led by the Wealth-X Data Strategy team, this expansion focused on High Net Worth Individuals (VHNW, $5 – $30 million) and Ultra High Net Worth (UHNW, $30 million and above). All updates can be found in the Wealth-X database.
Expansion efforts include:
U.S. and Canadian private foundation board members and donations
Over 2,200 profiles have been added or enhanced with details of club and board positions, private foundation association, contact details, known associates and family ties. Total assets, total donations and income have also been added to these profiles.
Expansion of public company insider shareholders
Insider shareholders are the directors or major shareholders of public companies who are required to disclose to regulators the number of shares they hold in those companies and any trading in the shares of those companies.
More than 5,000 new profiles have been added on insider shareholders of public companies who have declared new shareholding since the Last update. These profiles have been enriched with career history, board positions, business contact details, holdings as assets, and other board members as known associates.
Private Aircraft Ownership
More than 2,600 new profiles have been added on private aircraft owners and controllers. Existing profiles have also been updated to reflect the deprecation of private jets as well as their career history, professional contact details, knowledge, interests, passions and hobbies.
Private equity, hedge fund and venture capital partners
Nearly 400 VHNW and UHNW PE, Hedge Fund and VC partners have been added to Wealth-X. Over 1,200 fund holdings $12.6 billion have been added to the Wealth Analyzes of new and existing profiles. Profiles have also been updated with company address and phone number, career history, clubs and boards, company biography, fund holding values and wealth analysis.
More than 184,000 profiles have been updated with 687K verified philanthropic donations of a value between $48 billion and $66 billion. There has been a 48% increase in philanthropic inflows since the Last update and the Wealth-X database grew to 2.12 million donation records.
American political donations
More than 118,000 profiles have been updated with 1.1 million political donations made since the second half of 2021. The total added value is close to $2 billion in total donations to U.S. federal political candidates and committees.
Overview of the professional network powered by BoardEx
Over 102,000 profiles in Wealth-X have been enhanced with BoardEx Data. BoardEx, another Altrata company, includes professional network profiles and connections for more than 1.6 million people around the world. Wealth-X profiles have been enhanced with career history, club and board positions. Over 125,000 profiles have been updated to reflect recent role changes.
Additional updates have been made to the Wealth-X database, including:
- Interests and holdings in cryptocurrency and NFT
- Billionaire spouse profile updates, including education, history and pledges
- Profiles added in new regions based on customer requests, including over 250 people in Porto Rico
- Updated professional athlete profiles with career history, salaries and bonuses, hometown, alternate name, education history, social media (Twitter and Instagram), agents, interests, passions and hobbies
Learn more about Altrata Wealth Intelligence powered by Wealth-X here.
Altrata is a world leader in human intelligence. It includes over 100 million profiles on high net worth individuals across the globe and over 12 million profiles on high profile decision makers, board members and suite leaders. Altrata provides insights into the people who have the most impact on our customers’ success.
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