09/09/2024
Why the wealthy in Asia should get on the front foot in legacy planning
Without clear planning, assets can fall into probate for years, leaving family members and courts to decide how to allocate assets
Extremely Wealthy
09/06/2024
After Jensen Huang's Nvidia wipeout, no one has gained more wealth than Mark Zuckerberg in 2024 — he's $56 billion richer
Zuckerberg now ranks third on the rich list
09/02/2024
Do the very wealthy relocate because of tax rises alone?
Access to the arts is more likely to govern a billionaire’s choice to stay in a cultural capital such as London — along with the political and economic security
08/30/2024
Billionaire Sir Jim Ratcliffe promotes son to top job at Ineos Automotive
George Ratcliffe, the middle of Sir Jim’s three children, becomes President of the Americas ‘with immediate effect’, the company announced.
08/29/2024
The impact of the UK's changing non-dom landscape on wealthy Africans
A key feature of the UK’s favourable non-dom regime has been the remittance basis, which allows offshore income and gains to be outside the scope of UK tax.
08/28/2024
How Trying To Get Rich Can Keep You From Becoming Wealthy
The rich can buy what they want, when they want, with their available resources.
08/23/2024
Indian billionaire Gautam Adani to overhaul family office after short-selling scandal
Asia's second-richest person is seeking to rebuild his conglomerate’s credibility after a tumultuous 18 months
08/20/2024
6 Things the Wealthy Do To Ensure a Luxurious Retirement
While high-net-worth individuals are often already poised to do this, almost anyone can do the same.
08/20/2024
There are only 15 people whose wealth is greater than $100 billion (and they’d be richer if they weren’t giving it away)
Most of those with net worth above $100 billion founded tech companies and, as a result, own huge amounts of stock in some of the world’s most valuable companies.
08/15/2024
The Net Worth You Need to Be Considered Wealthy in 2024
The definition of wealth varies dramatically depending on where you live, your perspective, and the metrics used to measure it.
08/15/2024
A Hong Kong Billionaire Says the City Will Become a Global Hub for the Ultra-Wealthy
The third-generation heir recently established the Hong Kong Academy for Wealth Legacy and was appointed as the chairman of the board of directors in 2023 in an effort to boost the city’s high-net-worth population.
08/12/2024
Elon Musk, Jeff Bezos And Other Ultra-Rich In Crosshairs? Economist Says 'No Going Back' On 2% Minimum Billionaires' Tax Proposal
Citing statistics, the economist said a mere 3,000 people now boast of $14.4 trillion of wealth, which equates to 13% of the world’s GDP.
08/12/2024
Meet 3 of richest women in Chinese history, with one being the wealthiest woman ever
Empress Wu Zetian controlled immense amount of wealth during Tang dynasty (618-907), estimated to be worth US$16 trillion
08/12/2024
Asia’s ultra-wealthy surge: Hong Kong and Singapore vie for dominance
This dramatic increase will position Asia as the second-largest concentration of UHNWIs, trailing only North America.
08/12/2024
Banking Heiress Billionaire Grace Wee Jingsi Acquires $29 Million Singapore Mansion
This sale follows a sluggish 2023 for Singapore’s luxury property market, which was impacted by a high-profile money laundering scandal and rising interest rates.
08/08/2024
Italy doubles tax for wealthy foreigners
Premier Giorgia Meloni hopes measure will address local concerns that expats have sparked a rise in housing costs
08/05/2024
World’s Richest Lose $134 Billion in Stock Slump, Led By Bezos
It’s the third-worst one-day loss for Amazon’s Jeff Bezos
08/01/2024
Ranked: the world's 20 wealthiest cities that millionaires LOVE
All dollar amounts in US dollars and all population data from World Population Review unless otherwise stated.
07/30/2024
World's richest woman whose wealth surpasses modern tycoons
She also was particularly ruthless towards her enemies
07/29/2024
LVMH’s luxury wares earn top billing at Olympics opening
Meanwhile, LVMH’s Berluti label dressed France’s athletes for the ceremony.