Managers of Wealth

America has almost 800 billionaires, a record high

The debate over whether the world’s megarich are too rich is really a debate about whether America’s megarich are too rich.

More wealthy families want to make a positive impact through their fortune

Some members of these wealthy families have also been making their voices heard through other means.

Millionaires in Latin America Weigh Moving to Sidestep Tax Grab

Uruguay cuts tax residency requirements to attract investors

Are You Rich? A New Study Defines What It Means To Be Wealthy

If you are in a couple with children, you would need to earn €7,827 each month ($8,851) in order to be considered ‘rich’.

Saudi Arabia's crown prince is trying to buy Newcastle United for $381 million. Here are all the major soccer teams owned by royalty.

Saudi Crown Prince Mohammed bin Salman, has been bidding to buy Newcastle United for $381 million through the kingdom's sovereign wealth fund.

World's ultra-wealthy go for gold amid stimulus bonanza

While gold prices have already risen 14% since the start of the year to $1,730 an ounce, many private bankers bet that gold - a hedge for both inflation and deflation - has further to run.

Eduardo Cojuangco, Who Built San Miguel Empire, Dies at 85

“Cojuangco was a strong manager, but wasn’t rigid with his vision,” said Alex Pomento, who covered San Miguel and Cojuangco in the 25 years he was an equities analyst before joining SM Prime Holdings Inc. in 2014.

Hong Kong's rich are preparing for a worst-case scenario

Rich individuals are major players in Hong Kong's equity and real-estate markets as well as big buyers of Chinese corporate bonds issued in the city.

Billionaire Brothers Donate $101 Million to Oxford University

The current pandemic has shown us just how vital it is to have access to the very best medical research and academic thinking,” the Reuben family said in the release.

Spain’s Wealthy Elite Move Their Millions

The owners of luxury cars, super yachts and mansions are not ready to let these unprecedented times make a dent in their accumulated riches.

Family fortunes

A wave of tycoon wealth is about to pass to the next generation

Super-rich spot bargains as luxury London townhouse sells for just £15m

Wealthy buyers are snapping up homes at a big discount in Covid-19 crisis after viewings via Zoom

Ken Griffin Buys Basquiat Painting for More Than $100 Million

The news of the purchase was reported earlier by Baer Faxt, an art industry newsletter, which didn’t identify the painting or say how it obtained the information.

The Queen has her own McDonald's branch in the UK - and you can actually visit it

The one-of-a-kind burger establishment includes plush leather sofas, digital menu boards, Eames chairs, laminate floors, and even table service - and it's now reopened with hundreds more branches

Saudi billionaire prince sells iconic Norfolk in Sh2.8bn deal

The two hotels came to the limelight last week after the management announced it was firing all the employees, citing the effects of the Coronavirus pandemic.

US billionaires' wealth soars during pandemic

Tesla Chief Executive Elon Musk's net worth also rose $14.1 billion.

A look at Stanley Ho’s foray into high-end Singapore property

The Hong Kong-listed company’s foray into Singapore’s high-end property market may have been unorthodox because of unfamiliarity with local norms

Billionaire drops control of fortune to take charge of world's biggest wealth fund

As part of his contract, Tangen has agreed to forfeit control of his personal fortune, which is estimated at over $US860 million ($1.3 trillion).

China's rich skirting Hong Kong to seek asset safety elsewhere

He said his bank had begun receiving inquiries from Chinese high net worth individuals (HNIs) about opening accounts outside Hong Kong.

Why Warren Buffett’s net worth has cratered in 2020

If I were a shareholder in Berkshire Hathaway, I would feel very comfortable knowing Buffett has over US$130 billion ready to go in these uncertain times.

Extremely Wealthy