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Extremely Wealthy

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.

07/26/2024

Taylor Leads The Swifties Into A New Wealth Management Era

Her wealth, however, has been primarily her own in the making

07/26/2024

Next generation driving force behind evolution of philanthropy in the Middle East

Philanthropy in the Middle East is evolving, influenced by traditional values and modern trends

07/25/2024

Ultra-wealthy now worth $75 trillion thanks to rallying equities

A late-year rally in global equities increased the global ultra-high-net-worth population’s total net-worth by 7.6% to US$49.2 trillion, a new report has found.

07/25/2024

Bernard Arnault has lost more wealth than any billionaire in 2024

Musk’s one-day slump was the fifth-largest market-driven drop in the 12-year history of Bloomberg’s wealth index

07/24/2024

China, Hong Kong pools of ultra-rich shrink and Asia’s wealth engine cools, Altrata says

China now has 46,060 ultra wealthy individuals with a total wealth of US$5.20 trillion. It is down from 2022’s tally of 47,190 citizens with a wealth pile of US$5.3 trillion

07/19/2024

Riccardo Petrachi: What You Can Learn From The Ultra-Wealthy

Riccardo Petrachi, people having more than 20 million francs in investible assets are considered ultra-high-net-worth-individuals (UHNWIs).

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