Managers of Wealth

Turning Crises Into Opportunities, The Rockefeller Way

A lot of successful people owe their success to the problems they experienced along the way - such as the oil tycoon John D. Rockefeller.

Twitter co-founder and CEO Jack Dorsey will donate $1bn of his personal wealth to coronavirus relief starting with pledge to food initiative established by Leonardo DiCaprio

Twitter CEO Jack Dorsey is committing 28 percent of his personal wealth to coronavirus relief through his philanthropic fund

Businessman and philanthropist Sir Maurice Hatter dies aged 90

He had donated millions to charitable causes

Supermarket Billionaire’s Wealth Surges Amid India Lockdown

Damani’s supermarket chain, known for its thrifty cost structure, gained from panic buying of household essentials after India decided to place its 1.3 billion people under a three-week lockdown last month.

Harry and Meghan to launch new charity named Archewell

Duke and Duchess of Sussex reveal plans for foundation to replace Sussex Royal brand

‘Mukesh Ambani’s wealth falls 28%, not among top 10 richest’

The report noted that he lost over $300 million a day these past two months.

The Richest in 2020

Bill Gates keeps his spot as number two richest

Cristiano Ronaldo on course to become first footballer to earn $1 billion

Portuguese star to hit landmark despite wage cut at Juventus

Silvio Berlusconi’s $10.9 Million Superyacht Is Up For Sale

Built by the Perini Navi shipyard in Italy, the vessel is 158ft (48m) long, and can cater for 10 passengers across its luxury cabins, along with eight crew.

Asian tycoons team up with private equity

Asian companies have cheapened since last year, hastened this month by the spectre of global recession

Ritz sale inflames Barclay twins row

The deal came on the day the hotel closed its doors for the first time ever since it first opened, after London went into lockdown as a result of the covid-19 pandemic.

Billionaire Branson Dips Deep To Save ‘Incredible Employees’ With $250 Million Joint Package To Fight Coronavirus Shock

The move comes after Branson and his airline Virgin Atlantic were criticized last week for their response to the pandemic in announcing that staff had been asked to take eight weeks unpaid leave.

Hedge fund tycoon makes £115million from this month’s coronavirus stock market crash

‘The stock market has to rally because a recession has now been priced in,’ he said. ‘I’m buying some shares now. It’s a good time to be stock-picking.’

Hotelier grandson of Asia's sugar king turns venture capitalist

The expansion into venture capital signifies an important step for the storied business empire.

China and HK wealthy flee coronavirus in west by private jet

Territory’s airport near capacity for chartered aircraft as outbreak grips Europe and US

Ultra-Rich Families Poised for Spending Splurge After Stock Rout

More than a third of family offices boosted their cash reserves last year as they bet on a global recession in 2020.

Coronavirus: New Zealand a safe haven for super wealthy arriving in private jets

New Zealand has so far escaped the community transmission which triggered skyrocketing numbers of sick in other countries, such as Italy and Iran.

Top 5 richest people you don’t know

While we do have some millionaires with highly questionable sources of wealth coming up, Maria Fissolo’s $24.6 billion in net worth comes from… Kinder Eggs, among other things.

Spanish king named on offshore fund linked to €65m Saudi 'gift'

Revelations threaten to tarnish king's image six years after he took over from his scandal-hit father

Private-jet companies in Europe swamped with calls to fly CEOs, sports stars and entertainers to the U.S. after Trump’s travel-ban announcement

‘One client is flying his daughter home to the U.S. from university in France, and several of her fellow students are sharing the flight back with her,’ said Adam Twidell, CEO of PrivateFly

Extremely Wealthy