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What
is a Tai Tai (太太)?
Tai Tai Georgia if from one of those dynastic families connected to one of Asia's largest
banking fortunes. At an upscale department store in
our friend's billion dollar development (USD)
in Hong Kong, the entire department was out to show her the
latest arrivals in jewels. We like this
line of thinking!
Our circle of friends have recreation
homes in
London,
Vancouver, San
Francisco, Toronto and
New
York. Its not so easy maintaining so many
operating bases in addition to multiple bases in Asia like
Shanghai,
Beijing,
Hong Kong and
Singapore.
So a few like minded
friends share tips through this Bamboo Network
and discuss 'building' assets and 'grooming' dynastic wealth and
shopping globally.
Friend Annie who is a "Tai Tai -
in training" in Hong Kong started us with this definition
of Tai Tai a few years back and we notice that others have
copied it an called it their own. Tai Tai Reg
who is from a dynastic family in the Philippines has also advised to
add new dimension as has Barb in Boston whose Father was North
American head for one of Japan's largest trading companies.
These ladies are taught NOT to work and travel with their professional
cook and nannies.
noun 1. A term
used in Chinese circles for supreme wife (implying
situation where a man is wealthy enough to have several
"wives") but no longer strictly interpreted.
Term now applies to citizens of the world with an Asian viewpoint
who have bounds of time and money. A Tai Tai is a
privileged lady of means. 2. Supreme of the Supreme
is its literal translation. The term implies respect.
To qualify as a Tai Tai, one has to have lots of leisure time, lots of
money to spend and lots of gossip to exchange.
Real
Tai Tai's meet the following criteria:
1. A tremendous amount of leisure time
2. Lots of money to spend. A Tai Tai travels a
lot
3. Concerned about status, social standing, and owning the
'latest in anything" that is remotely hot (ie: Pashminas. Fendi
Baguette Bag,....) God Forbid a Tai Tai be seen with last year's
style!
4. Keenly interested ih beauty upkeep (Pedicures / manicures/
facials/ slimming treatments) Will stop at nothing to eradicate
the tiniest sign of ageing.
5. Often associated with do-good charity works and community.
6. Discerning about the company she keeps. Must be in the right
social circles
7. Well educated and global in perspective. Has
lived on more than one continents. Experience and detail
are what distinguishes a real tai tai from the wanna-be's.
8. Buy in multiples and only the real thing. To get
a better price and for their other homes in New York, London, Hong
Kong, Vancouver and Singapore, they will bargain.
If Shopping were an Olympic Event, a Tai Tai would win!
Shhhhhh.......don't spread though.
They don't always want to share, if you know what i mean
'Compulsive
Shopaholics'
Nearly 7 percent of
the 1,489 people - mostly in their 20s - surveyed by the Tung Wah
Group of Hospitals and the University of Hong Kong were found to be
compulsive shopaholics.
About half of the "compulsive shopaholics'' earn no more than
HK$10,000 a month, according to the poll conducted between July 2007
and January of this year.
A hundred people were identified as "compulsive shopaholics''.
About 77.5 percent of them were men and 65 percent were women. The
poll - conducted jointly by the two organizations - also found the
shopaholics were prone to suffer from depression and general anxiety.
- 2008 August 11 THE
STANDARD
Here are a few trends to note:
This is a beta site for a few who are living the life of global citizen of the
world. We communicate daily on many topics.
From collectibles to luxury investment real estate, this venue is our clearinghouse to
agglomerate world's latest trends. This website is not for
everyone. Only an affluent few. An
effective way to transmit trends that we discover globally from our
travels.
In the West we are sometimes referred to as
the Asian "Ladies
Who Do Lunch". - TAI
TAI
Asia's Up-And-Comers
Used to be that the goal of every
ambitious young Asian entrepreneur was to make it big -- in the
U.S. Now more and more Western-educated Asians are
returning home to hatch new businesses. One reason:
Venture capitalists from Silicon Valley and elsewhere are showering
money on Asian start-ups. In its Dec. 19 cover story, Business
Week Indonesia identifies 25 up-and coming entrepreneurs in the
region, all 30 and under. They range from an Australian
duo that founded an online task-management service called Remember
the Milk to young Japanese designer who produces high-quality
products in developing countries for sale in Japanese department
stores and on the Web.
- 2007 December
24 BUSINESS WEEK p.
8
This blog which was started and
envisioned a decade ago by Asian professionals born in the West but
operating in the East is a multi-dimensional information tool
reflecting an Asian view point as Citizens of the World which is
timely now that the Sub prime crisis has exposed cracks in
the global financial system. with Wall
Street being the first to react and note where the money is we expect to see many fast-paced changes in the investment world and
otherwise and we are poised to take advantage of the opportunities and
perhaps provide global
opportunities that reflect our 'out of box' thinking.
2008 promises to be a most exciting time as we
believe there shall be more opportunities globally not just for sovereign
funds who we have represented over the past two decades, but also private Asian equity and surprisingly to many, it
is Asian women who are guiding many of the important economic and
social decisions affecting dynastic wealth of many of Asia's
billionaire families. This web portal is a tribute to Asian women
as well as backgrounder for many wanting to know more about Asia and
Asian
investments globally. Luckily we have been able to stay off the
radar screen as this web site is still in development and not meant for everyone, nor do we
wish it to be.
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