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BRIEFS
According to Credit Suisse research , more than five million people became millionaires across the world in 2020 despite economic damage from the COVID-19 pandemic . " While many poor people became poorer , the number of millionaires increased by 5.2 million to 56.1 million globally . In 2020 , more than 1 % of adults worldwide are millionaires for the first time ." Wealth creation appeared to be " completely detached " from the economic woes of the pandemic , the researchers said , with " lower interest rates and government support programs leading to a huge transfer of wealth from the public sector to the household sector ." The number of ultrahigh net worth individuals , usually defined as those having investable assets of more than $ 30m , grew by 24 % worldwide in 2020 , the fastest rate of increase since 2003 .
BRP Inc . has announced the launch of a substantial " issuer bid " to purchase for cancelation of up to CAN $ 350m of its shares . Proceeding by way of a combination of a " modified Dutch auction ," BRP says it will buy back shares at between CAN $ 94.00 and CAN $ 113.00 per share in increments of CAN $ 0.25 per share . The offer is open to holders of multiple voting shares .
Currently enjoying its third significant revival since foundation in 1911 ( by six eponymous brothers ), Benelli is to mark its 110th anniversary with a new logo and a series of events . These will be concentrated around the Benelli Museum in Pesaro , Italy , where the ( now Chinese owned ) brand is based . A subsidiary of Qianjiang - Harley ' s partner in China - its museum features a collection of more than 200 historic Benelli and MotoBì motorcycles , housed in part of the original factory . Benelli Week 2021 will be held in Pesaro on 13-19 September .
Paughco to Distribute for Wannabe-Choppers in USA
In recent years noted , multi-awardwinning German custom bike builder Enrico de Haas - of Wannabe- Choppers fame - has turned his hand to developing a signature parts program that draws on the Old School / Retro meets high-tech , high quality materials with authentic design values that have always informed his custom design ideas . We here at AMD Magazine first met Ricky not long after he started his business after a long engineering apprenticeship and training qualification process in Germany . This was around 15 years ago as a competitor in an AMD European Championship . Since then , he has competed at several of the most important custom shows in Europe , including the AMD World Championship itself in 2013 , 2014 and , most recently in 2018 - about which there is quite a story ! Let us just say that Ricky has proven himself to be as determined in his pursuit of excellence as he is unafraid to challenge conventions and orthodoxy and , instead , to embrace radical new directions . In Europe , the Wannabe-Choppers program has been available for many years through Motorcycle Storehouse - a partnership that he describes as " really successful right across Europe " and as having given him a platform from which to build . Ricky told AMD that he has been looking for a suitable , ' sympatico ' distribution partner in the United States and that this year he has made what looks to us like a marriage of fellow travellers . " From this summer we are launching in USA with well-known and respected industry benchmark Paughco . They are distributing Wannabe-Choppers parts in North America ." Here we present a selection of Ricky ' s
Flying Eyeball gas cap
Shovel style aluminum kicker pedal
Aluminum ' WAVE ' for Sportsters
established best sellers and most recent designs , but keep a close eye on news from his Wannabe-Choppers operation and from Motorcycle Storehouse in Europe and from
WannaBrake 1 " brass
WannaSucker air cleaners
WannaClutch aluminum mechanical 1 "
Brass horizontal FTW points cover
Sand-cast aluminum vertical bored points cover
Brass ' CFLH ' for Sportsters
Paughco in the United States ( Carson City , Nevada ), because Ricky is not a man to stand still ! www . paughcoparts . com www . wannabe-choppers . com
' Ricky ' de Haas entered the 2018 AMD World Championship with what had proven to be a controversial innovation among the often rather conservative champions of orthodoxy in the German custom motorcycle market . It ’ s a nice Shovelhead , right ? Nah ! Wrong ! This is ' ALSi9Mg ' - Ricky ' s uniquely styled electric custom cruiser . At ' another show ' elsewhere in Europe , it was a project that " divided opinion ," but we here at AMD still think it was one of the most important customs of the past decade . Fortunately , enough of his fellow competitors agreed and he scored a Top Twenty finish - the highest ever finish for an electric motorcycle at the ' AMD ' for a project that , once normal service is resumed , has motivated us to introduce a cross-class special accolade for the Custom Electric Motive Power category .
18 AFTERMARKET MOTO DESIGN - AUGUST 2021 www . AMDchampionship . com