Managers of Wealth

Billionaires Can’t Get Enough of Private Equity

The ultra-wealthy are stepping up as pension funds and endowments reach their limits.

The World’s Wealthiest People (July 11, 2022)

Larry Page is the fifth-richest person globally, with a whopping $108 billion.

The young rich want it easy

In Switzerland, the number of people with freely investable assets of more than one million dollars rose by almost 20,000 last year.

Richest billionaires lose $1.4tn in first half of 2022

It is the steepest six-month drop ever for the ultra-wealthy

Asia's richest man Adani donating $10b to social causes

Mr Adani's pledge is almost half of what Mr Bill Gates and Ms Melinda French Gates donated to their foundation in 2021.

Cryptocurrency Billionaire Gets Industry’s Back

This agreement also unlocks future collaboration and innovation between BlockFi & FTX as we work to accelerate prosperity worldwide through crypto financial services.

Inside tech billionaire Larry Ellison’s US$160 million superyacht Musashi: the Oracle co-founder’s 88-metre, Japanese-style vessel was even featured on Netflix’s The Dropout

Amazon’s Jeff Bezos and Google’s Sergey Brin and Larry Page have yachts, but theirs weren’t depicted in The Dropout with Amanda Seyfried as Theranos’ Elizabeth Holmes, unlike Musashi

Sergey Brin Seeks Divorce, Joining Gates and Bezos in Split

Brin, 48, has a fortune of $94 billion, according to the Bloomberg Billionaires Index, derived largely from his holdings in Google.

Swiss Billionaire Buys A $112 Million Belgravia Home

The house was built in the 19th century and has more than 80 rooms, according to people with knowledge of the matter, who asked not to be identified as the transaction is private.

Growing An Advisory Practice With The Wealthy During A Bear Market

The only flaw in this logic is that very likely, the clients see themselves as down and are unhappy about it.

Dubai ranked 14th-most expensive city in the world for ultra-wealthy

Higher prices for luxury goods and services are eroding the purchasing power of high-net-worth individuals, according to Julius Baer report

Who will become the world’s first trillionaire?

Of the 21 individuals who stand a chance of reaching this phenomenal milestone in their lifetime, Elon Musk is predicted to be the first.

The banking billionaire making a $3.7bn bet on Colombia

While others move wealth ahead of critical election, Jaime Gilinski is aiming for the country’s crown business jewels

The World’s Wealthiest People (13 June 2022)

Warren Buffett is the fifth-richest person globally, with $103 billion.

Tiger Woods is officially a billionaire, Forbes estimates

Woods also reached the financial milestone without taking a lucrative to compete in Saudi-backed LIV Golf tour, which reportedly would have been in the "high nine digits."

Billionaires plough more money into private equity

Family offices boost exposure to unlisted shares despite policy tightening and concerns over valuations

Property Tycoons Lose $65 Billion After China Curbs Excesses

A Bloomberg Intelligence gauge of Chinese property stocks sank on Monday to a five-year low versus the Hang Seng China Enterprises Index.

Billionaire Russell Weiner Acquires Superb Park City Compound for $39.6M

The mansion, completed last year, is a striking expression of luxurious alpine vacationing.

Dubai Billionaire Sajwani Buys Bankrupt Swiss Diamond Jeweler

The company was founded in 1993 by former Bulgari SpA executive Fawaz Gruosi and is known for its signature black-diamond jewelry.

Moderna CEO Bancel Says He’ll Give Most of His Money Away

Moderna CEO Stephane Bancel has an estimated net worth of $4.1 billion.

Extremely Wealthy