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Extremely Wealthy

05/21/2021

UK Rich List 2021 revealed - who's made billions more during the pandemic?

Tens of thousands lost their jobs over the last year - but many of the UK's richest people have added billions to their fortunes.

05/20/2021

For rich athletes, not a wealth hazard

Despite pandemic, earnings of top 10 sportspersons rise; McGregor tops Forbes list, Messi follows.

05/19/2021

When wealthy families fight, here's how they avoid ugly public battles

The billionaire cited disagreements with the board and management over a now fraught investment in a Chinese property firm led by his nephew Sherman Kwek – fomenting speculation of an intergenerational rift.

05/16/2021

Super rich parents are setting ‘deprivation benchmarks’ to teach their kids patience

Is the Sussexes' aim of keeping their children grounded really possible with a high-net-worth lifestyle?

05/11/2021

The 5 billionaires competing to be China’s richest woman

Longfor Properties’ Wu Yajun toiled in a factory before working her way to a US$18 billion fortune, while Hengli Petrochemical’s Fan Hongwei made it in textiles

05/10/2021

India’s super rich criticized for not doing enough amid COVID-19 pandemic

RIL claims that it accounts for more than 11 percent of the country’s total medical grade liquid oxygen production, and has said its oxygen is being provided free to several states.

05/09/2021

Jeff Bezos is Building a Superyacht So Big It Needs a 'Support Yacht'

In addition to the mega-yacht, Bezos has reportedly commissioned a second, smaller, "support yacht" that will include its own helipad.

05/07/2021

Jeff Bezos sells US$2.5 billion of Amazon shares and signals more coming

Amazon stock is little changed this year after rallying 76 per cent in 2020 as the Covid-19 pandemic kept people away from physical stores and encouraged online shopping.

05/06/2021

Melinda French Gates Now A Billionaire After Stock Transfer From Bill Gates

The stock transfer is almost certainly part of Bill and Melinda’s divorce settlement.

05/06/2021

Rich family seeks couple as live-in cleaners in the Bahamas For £90,000 Salary

The working hours are five days a week, Monday to Friday, from 8am to 5pm.

05/06/2021

Revealed: There are now 13 people worth more than R1 TRILLION

Believe it or not, more than a dozen people on this planet have at least R1 trillion in the bank - here's our updated list of 'rand trillionaires'.

05/04/2021

Bill and Melinda Gates to divorce, but charitable foundation to remain intact

The Bill & Melinda Gates Foundation has become one of the most powerful and influential forces in global public health, spending more than $50 billion over the past two decades to bring a business approach to combating poverty and disease.

05/04/2021

Argentina Wealth Tax Fought by the Rich Raises $2.4 Billion

The government expects to use the proceeds for pandemic spending including health policies, small business subsidies, scholarships and housing projects.

05/04/2021

Asia's uber rich looking at Singapore penthouses

A $4,200 per square foot for a penthouse at Midtown Modern has brought life back into the luxury market.

05/03/2021

One Of Mexico’s Richest Men Steps Down From Business Empire

Alberto Baillères González stepped down from his role as president at mining firms Fresnillo plc and Industrias Peñoles, insurer GNP, pension fund manager Profuturo and luxury department store Palacio de Hierro.

04/30/2021

Jeff Bezos Is Once Again Worth Over $200 billion

Bezos’ fortune is also the equivalent of 1% of US gross domestic product, which sat at $21.6 trillion.

04/28/2021

HSBC extends product range to rich clients

The bank’s “Jade” customers in Hong Kong can now buy assets previously only available to institutional and private banking investors.

04/25/2021

Narendra Raval: Billionaire who rides boda boda, has one pair of shoes

He made the headlines recently for stopping the manufacture of steel at one of his factories to produce oxygen which he gives to struggling public hospitals for free.

04/22/2021

The world now has 8 people with fortunes of more than $100 billion

The world’s 8 wealthiest people together hold fortunes of more than $1 trillion and have added $133.6 billion combined this year.

04/21/2021

How Crypto Billionaires Will Transform Philanthropy

Traditional causes may recede as the newly wealthy focus on weird, stand-alone projects.

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