09/30/2015
US$7.6tn hidden in tax havens - almost half annual US GDP
Oxfam in a report published last January said that in 2013 the number of billionaires holding the same amount of wealth as the bottom 50% of the global population of 7bn was at 92.
Research
09/30/2015
Glencore's CEO lost $500 million of personal wealth in a single day of market chaos
That means during this year, his personal wealth has dropped by more than 70%, since a very large proportion of it is denominated in Glencore shares.
09/30/2015
A financial planner says the best strategy to grow your wealth is something you can start doing today
People who approach investing that way typically don't have money left over so they find it very hard to leave the starting block
09/30/2015
Wealthy go for residential risk and solace abroad
In line with global trends, residential property continues to be the preferred choice for individual investors in Asia, rather than offices and retail premises.
09/30/2015
Swiss are world’s wealthiest – and most indebted
Switzerland has topped the ranking since 2000.
09/30/2015
New SwissLeaks analysis reveals how tax haven secrecy harms developing countries
The SwissLeaks scandal involves thousands of secret accounts at HSBC’s Swiss subsidiary HSBC Private Bank (Suisse), and the billions of euros held in them over a five-month period in 2006/2007.
09/30/2015
The Missing Link For Family Offices
Families can face a deluge of competing challenges when managing their wealth which is why successful families rely on an ‘expert generalist’ to safeguard their interests.
09/30/2015
Extra Perks Rich People Get With Their Car Insurance Quotes
Here’s further evidence that the rich don’t live like the rest of us: Even their car insurance quotes come with extra perks.
09/30/2015
How China's Wealthiest Invest
As China’s richest grow in number and accumulated wealth, they also are gaining sophistication.
09/30/2015
Sovereign-Wealth Funds Oppose Asset Manager ‘Super-Profits’
Sovereign-wealth fund chiefs who manage hundreds of billions of dollars say outsize fees charged by the finance industry have lowered their investment returns and created “super-profits” for a few asset managers.
09/30/2015
America is the richest, and most unequal, country
A new report dubs America the “Unequal States of America” due to its gaping wealth inequality.
09/30/2015
Wealth-X Study Reveals The Social Graph Of The World's Wealthy
Wealthy individuals move in specific circles, whether it is their professional circle with business partners and colleagues, or their social network with friends and family.
09/29/2015
Eight percent of the world’s wealth might be hidden in tax havens
One major problem is that not all offshoring is illegal
09/29/2015
Dubai second-best city for expat start-ups worldwide
A survey among the alumni of a prestigious business school had shown that Dubai outclassed all other international cities
09/29/2015
Discretion is the watchword for today’s wealthy consumers
Discretion is a significant factor in this move towards traditional, streamlined pieces.
09/29/2015
Forbes' 2016 Presidential Candidate Wealth List
At the same time, we found that only three of them aren’t millionaires Bernie Sanders, Marco Rubio, and Martin O’Malley.
09/29/2015
Global private wealth pushes past 100-trillion-euro mark
Spurred on by increased household saving, global private assets break the 100-trillion-euro barrier for the first time.
09/28/2015
America’s Top 40 Wealth Management Firms
The big story in our wealthy managers list: slow growth. But Citigroup moves up two spots with a 19% increase in assets.
09/28/2015
Big Four failing to satisfy HNWIs
Banking consumer satisfaction levels are at an all-time high, but the Big Four are struggling to boost their share of high net worth individuals' (HNWIs') wallets, Roy Morgan Research reveals.
09/28/2015
Putting on the Ritz: how Ritz tops luxury brands
The Marriott International subsidiary also had the highest positive brand association with consumers in the Tagmemics study