As a graduate from the prestigious Massachusetts Institute of
Technology, Mykolas Rambus' career has grown from strength to strength
over the years. A former executive with Forbes Media, Rambus is the
current CEO of Wealth-X and heads up operations in their Singapore
office. Rambus will be sharing spending habits of UHNWI and possible
pathways of entry into the superyacht market at the Global Superyacht Forum in Amsterdam 18 to 20 November. The Superyacht Owner caught up with him ahead of his presentation to get his insight on the superyacht industry.
What is one of your most interesting projects/career highlights to date?
Building Wealth-X, the world’s leading ultra high net worth (UHNW) intelligence provider, from an idea to being a successful multinational organization with over 200 staff and over 200 clients and 12 offices around the globe in less than three years.
What is your involvement with the superyacht industry and why do you feel it is important?
We serve as advisors to the superyacht industry. As the industry goes through transformation and disruptive periods such as the financial crisis of 2007, we advise yards and other members of the superyacht ecosystem on how to overcome issues such as excess capacity and structural challenges.
Our role is to advise our clients in the superyacht industry to their commercial benefit. If these clients are marinas, existing or potential, we can provide them with intelligence on where UHNW individuals are likely to spend their time in the future.
Or we can advise the yards themselves on where they should invest, and what is the right pricing strategy and product mix that will make the most sense for them based on what’s happening within the buying community. We offer deep insights into existing and future buyers of superyachts around the world; this is how we provide value for our clients in the superyacht community.
It’s always critical to bring industry leaders together to address serious issues related to the future of the sector. Whether that issue is excess capacity, legislation, advocacy or lobbying, it is great to have the right people in the same room who are able to address and impact these issues to benefit the entire sector.
What are some interesting and exciting changes you are seeing in your field at the moment?
Broadly speaking, one of the most interesting trends we see is the overlap and collaboration between luxury brands – for example fashion houses and shipyards or automobile companies and shipyards – as they aim to attract certain types of customers. Working collaboratively, these brands come up with interesting and innovative product offerings to engage the marketplace and increase their commercial success. We are seeing a lot of collaboration between luxury brands, and Wealth-X serves as one of the hubs for connecting these brands together.
Rambus will deliver the opening keynote presentation on Day 1, Monday November 18 from 10:30 - 12:00. If you have any questions you would like to submit to Rambus or topics to be raised during this session, please contact Rebecca Curran. For full details on the programme please go to the website.
If you would like to register your place, please contact Suzie on +44 207 801 1014 or on suzie@thesuperyachtgroup.com and If you register before 31 August as a FACE2FACE Delegate you will benefit from a €200 discount and access to the Superyacht Intelligence Package for three months - simply enter the code WINDMILL2013 into the discount box when you register online.
We would like to thank our sponsors AdvanTec Marine, Awlgrip, Caterpillar, Clyde & Co., MTN, MTU Friedrichshafen, Palladium and Struik & Hamerslag.
What is one of your most interesting projects/career highlights to date?
Building Wealth-X, the world’s leading ultra high net worth (UHNW) intelligence provider, from an idea to being a successful multinational organization with over 200 staff and over 200 clients and 12 offices around the globe in less than three years.
What is your involvement with the superyacht industry and why do you feel it is important?
We serve as advisors to the superyacht industry. As the industry goes through transformation and disruptive periods such as the financial crisis of 2007, we advise yards and other members of the superyacht ecosystem on how to overcome issues such as excess capacity and structural challenges.
Our role is to advise our clients in the superyacht industry to their commercial benefit. If these clients are marinas, existing or potential, we can provide them with intelligence on where UHNW individuals are likely to spend their time in the future.
Or we can advise the yards themselves on where they should invest, and what is the right pricing strategy and product mix that will make the most sense for them based on what’s happening within the buying community. We offer deep insights into existing and future buyers of superyachts around the world; this is how we provide value for our clients in the superyacht community.
Mykolas Rambus, CEO of Wealth-X
Why do you think events like the Global Superyacht Forum are so important?It’s always critical to bring industry leaders together to address serious issues related to the future of the sector. Whether that issue is excess capacity, legislation, advocacy or lobbying, it is great to have the right people in the same room who are able to address and impact these issues to benefit the entire sector.
What are some interesting and exciting changes you are seeing in your field at the moment?
Broadly speaking, one of the most interesting trends we see is the overlap and collaboration between luxury brands – for example fashion houses and shipyards or automobile companies and shipyards – as they aim to attract certain types of customers. Working collaboratively, these brands come up with interesting and innovative product offerings to engage the marketplace and increase their commercial success. We are seeing a lot of collaboration between luxury brands, and Wealth-X serves as one of the hubs for connecting these brands together.
Rambus will deliver the opening keynote presentation on Day 1, Monday November 18 from 10:30 - 12:00. If you have any questions you would like to submit to Rambus or topics to be raised during this session, please contact Rebecca Curran. For full details on the programme please go to the website.
If you would like to register your place, please contact Suzie on +44 207 801 1014 or on suzie@thesuperyachtgroup.com and If you register before 31 August as a FACE2FACE Delegate you will benefit from a €200 discount and access to the Superyacht Intelligence Package for three months - simply enter the code WINDMILL2013 into the discount box when you register online.
We would like to thank our sponsors AdvanTec Marine, Awlgrip, Caterpillar, Clyde & Co., MTN, MTU Friedrichshafen, Palladium and Struik & Hamerslag.
If you've found this story to be 'a report worth reading', and you would like to enjoy access to even more articles, insight and information from The Superyacht Group, then you may well be interested in our VIP print subscription offer. We are inviting industry VIPs to register for a complimentary subscription to our print portfolio, which includes the most insightful information on the state of the superyacht market. To see if you qualify for our VIP subscription package, please click here to fill in an application form
