10/05/2022
Ray Dalio Cedes Control of 47-Year Old Hedge Fund
Dalio has no plans to sell his minority stake in Bridgewater but he will retain his seat on the board and take on the new role of CIO mentor.
Extremely Wealthy
09/26/2022
John Caudwell: Billionaires shouldn’t ‘cling on’ to their riches
The entrepreneur and philanthropist also implored more UHNWs and HNWs to ensure they were meeting their tax responsibilities – admitting that he regretted using tax avoidance schemes earlier in his life.
09/26/2022
RANKED: The Richest Billionaire in Each U.S. State in 2022
The United States is home to over a quarter of the world’s billionaires, representing about 748 of the roughly 2,668 billionaires worldwide.
09/21/2022
The rich will keep getting richer even in the face of a recession, especially in China, Credit Suisse says
The number of Chinese millionaires is set to grow from 6.2 million in 2021 to 12.2 million by 2026, the report said, a nearly 97% increase.
09/15/2022
These are the 10 wealthiest cities in the world — and five are in the U.S.
The total private wealth held by New York residents was found to exceed $3 trillion.
09/14/2022
Dubai ranked 23rd-most popular city for world’s ultra-wealthy
The city is home to 67,900 millionaires, new report finds
09/12/2022
How The Wealthy Get The Best Results From Trusts
A simple yet effective power that gives a family the ability to ensure the right trustee is in place is the power to remove and replace the trustee.
09/08/2022
Which cars do the world’s top 10 billionaires drive?
Elon Musk is responsible for Tesla, that electric car company you might have heard of.
09/05/2022
The World’s Wealthiest People (September 4, 2022)
Bill Gates is the fifth-richest person globally, with a whopping $106.3 billion.
09/05/2022
Why the wealthy are attracted to Dubai's luxury homes
Covid-19 has undoubtedly been a catalyst for change
09/01/2022
More wealthy Chinese moving to S'pore as China becomes more hostile to the rich: Financial Times
Singapore becoming more attractive for the rich.
09/01/2022
Thailand Lures Rich Foreigners With 10-Year Visa, Tax Breaks
Government opens applications for long-term visas Thursday
08/31/2022
Crazy rich relocations: Singapore becomes a haven for Chinese elite
Beijing’s talk of ‘going after the entrepreneurs’, its draconian Covid lockdowns and a growing hostility to China from the west all make the city-state an attractive place to reside
08/29/2022
The Ultra-Wealthy Are Increasingly Focusing On Dynastic Wealth
Inflation, possibly erratic markets, and certainly a growing extended family can eat up a fortune.
08/24/2022
$75m superyacht linked to Russian steel billionaire auctioned off in Gibraltar
The vessel was seized in March under sanctions imposed on Moscow over the war in Ukraine
08/22/2022
Saudi billionaire takes £182mn stake in M&G
Last week, FTAdviser revealed that M&G Wealth is gearing up to launch an IFA buyout scheme for firms nearing retirement
08/17/2022
Wealthiest People in the United States
Warren Buffett is the fifth-richest person in the United States, with a whopping $105.2 billion.
08/16/2022
The Wealthy Contribute More to Climate Change
Passing a luxury tax might be the best way to get the rich to curb their carbon emissions.
08/15/2022
Saudi billionaire’s Kingdom Holding invested $3.4bln globally since 2020
Prince Alwaleed Bin Talal's investment firm bought depository receipts worth $527mln in Russian energy companies earlier this year
08/12/2022
Ultra-wealthy investors are pouring their money back into stocks, according to elite Tiger 21 membership club
Members of Tiger 21—a membership network for ultra-high net worth entrepreneurs, investors and executives—are pivoting toward stocks despite concerns about the shape of the economy.