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Extremely Wealthy

11/07/2014

Spanish Princess Remains Suspect in Corruption Case

Judicial Panel Rules That Cristina de Borbón Is no Longer Under Investigation for Money Laundering

11/06/2014

Billionaire Enclave Prices Drop on Singapore Property Curbs

Australian hedge-fund manager Stephen Fisher says he was lucky to have bought his luxury home on Sentosa, a Singapore resort island that has attracted the wealthy, in 2005, before property curbs kicked in.

11/06/2014

Japan's Wealthiest Reap $3 Billion Windfall in Kuroda's October Surprise

The Bank of Japan’s unexpected stimulus has already made the country’s richest even wealthier, adding more than $3 billion to the four top billionaires’ net worth.

11/05/2014

Hong Kong billionaireto Buy $1.89 Billion of Planes to Enter Leasing

Asia’s richest man, is entering the plane-leasing market amid a surge in travel across the world’s most populous continent.

11/05/2014

Movie stars buy them for privacy and the rich buy them for the prestige

The report revealed that research by private fortune experts, Wealth X, found there had been a four per cent rise in the size of the global ultra high net-worth community

11/05/2014

Alibaba founder enjoyed biggest rise in wealth among world’s 100 richest

Jack Ma saw the value of his wealth increase by $22.3bn in 2014, up to $25.9bn, to rank 49th in Bloomberg list topped by Bill Gates

10/31/2014

Shrien Dewani Trial: Why Rich, Powerful Men are Sexual Submissives?

Shrien Dewani's secret gay sex life has been brought to the forefront of his murder trial in South Africa after the court heard how he slept with men and male prostitutes.

10/31/2014

The Number Of Billionaires Has Doubled Since The Financial Crisis

Economic inequality has reached extreme levels according to a 140 page Oxfam report (pdf). According to the charity, the number of billionaires (US$) worldwide totaled 1,645 people by March 2014 – up from 793 billionaires in March 2009.

10/31/2014

Banker's Wife Alleges Drug Abuse And Extramarital Sex With High-Powered Business Associates In Divorce Documents

It sounds like something straight out of "The Wolf of Wall Street

10/31/2014

Harrods pays Qatari owners £118m dividend after record year

Knightsbridge store nets sum for Qatari offshore company based in Bermuda after profits increase 13% to £122.9m

10/30/2014

Princess Diana's Son, Prince Harry, Reflects on his Irrevocable Trust Inheritance and His Mother as He Receives It

It has been more than 17 years since Princess Diana and her millionaire Egyptian lover tragically perished in an auto crash while trying to flee from pernicious paparazzi in France

10/30/2014

Ecclestone says he pays Swiss taxes voluntarily

Billionaire and Formula 1 head Bernie Ecclestone likes paying Swiss taxes.

10/28/2014

Forget Islamist Militants Or Ebola: Elon Musk Says Artificial Intelligence Is ‘Biggest Existential Threat’

For a visionary who talks about colonizing Mars in our lifetime and 600 miles-per-hour “hyperloop” passenger transport on Earth, billionaire inventor Elon Musk fears at least one thing about future: machines that can think for themselves.

10/28/2014

How Do Heirs Inherit Values Along with the Valuables?

A will and estate plan specifies the distribution of assets; more complex succession planning may include trusts and other structures to be passed to subsequent generations.

10/26/2014

Pair of 350-year-old old pistols looted by the Nazis from the Rothschild family during WW2 emerge for sale for £80,000

Ornate guns were seized from the family's collection in Vienna in 1938

10/26/2014

Indian, Chinese Firms Lead Tech Billionaire Ranking

Indian and Chinese technology entrepreneurs were leading the top 10 Asian tech billionaires list with net assets worth $136 billion

10/24/2014

China spends $1.5 billion pampering pets

It's the latest growth industry in China: pet lovers are spending billions pimping their pooches.

10/24/2014

15% of rich Emiratis are looking to buy a ski home

Around 15 percent of the UAE’s richest residents are interested in buying a ski home

10/23/2014

Cannavaro assets seized in tax fraud probe

Italy legend Fabio Cannavaro has had €900,000 of his assets seized in relation to a tax fraud investigation.

10/23/2014

Saudi Billionaire: Bank Regulation Is “Organized Confusion”

I believe, frankly speaking, that the United States has — it’s overregulated in the financial industry

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