11/04/2020
Jack Ma’s Wealth Drops $2.6 Billion As Ant Group Suspends IPO
The dramatic turn of events caused shares of the New York-listed Alibaba to plunge more than 8% overnight.
Extremely Wealthy
11/03/2020
The Wealthy Have Their Election Escape Plan Ready
Expect to pay upwards of $100,000 for citizenship of a Caribbean nation, or over double that for residency in an E.U. country like Portugal.
11/03/2020
Five world’s wealthiest families control a fortune of over $620bn
Tesla and SpaceX boss Elon Musk is currently the fifth richest person on the plan with a $93 billion net worth.
11/01/2020
UAE billionaire 'in talks' to acquire UK's Derby County
Sheikh Khaled named 'person with significant control' in newly incorporated firm in UK
10/30/2020
A flat-tax scheme is luring the wealthy to Italy
Many are Britons fleeing Brexit
10/30/2020
Gina Rinehart is Australia’s richest person
Iron ore prices were around US$80 a tonne late last year and rose to a peak of more than US$125 last month.
10/27/2020
MVP wants to buy Malampaya shares
This will not be the first time PXP Energy has signified its interest in the Malampaya natural gas platform.
10/27/2020
Jack Ma's Ant Group set for record $34bn market debut
Mr Ma's Ant shares are reportedly worth about $17bn, taking his net worth to close to $80bn and confirming him as China's richest man.
10/27/2020
Elon Musk: 5 facts about the outspoken South African tech entrepreneur before the billions
He surpassed Facebook’s Mark Zuckerberg as the third-richest man in tech, and became the fifth-richest man in the world, but Elon Musk’s journey to success was just as unconventional as he is
10/26/2020
The wealth of the director of the “Louis Vuitton” company has...
Louis Vuitton, which owns brands such as Bulgari And Guerlian And Dom Perignon, For a profit decline of 21% in the first nine months of 2020.
10/26/2020
Factbox: Samsung's Lee leaves behind $21 billion wealth for inheritance
His two known houses in central Seoul are the priciest individual homes in the country, with ground area of 1,245.1 and 3,422.9 square metres, respectively.
10/25/2020
Crispin Odey's hedge fund business considering rebrand that could see tycoon's name drop off some funds
The case has been adjourned for a two-day trial in February at Hendon magistrates' court.
10/23/2020
Lack of advice among millionaire investors' biggest mistakes
The top cited was a focus on historical returns (38%), followed by not having sought advice (35%) and the third was lack of diversification (21%).
10/22/2020
Michelin-starred chefs are leaving their jobs to become private chefs for the ultra-rich, where they can make upwards of $14,000 a month
Cooking regularly for a family is less stressful than working in a high-presure restaurant where you'd repeat same recipes every night, he said.
10/21/2020
Hedge Fund Billionaire Makes Splash for Sustainability in Singapore
The program is expected to kick off in 2021.
10/21/2020
China’s super rich got $1.5 trillion richer during pandemic
E-commerce and gaming provide growth opportunities as global lockdowns see reconfiguration of world economies spur
10/21/2020
Billionaire James Dyson Sells Singapore Penthouse
Dyson will also have to pay a Seller’s Stamp Duty of 8 percent of the sale price, or almost $5 million, for disposing the penthouse during its second year after purchase.
10/21/2020
Hedge Fund Billionaire Makes Splash for Sustainability in Singapore
The grant was issued by Dalio, co-Chairman and co-chief investment officer of Bridgewater Associates, through Dalio Philanthropies.
10/20/2020
Wealthy Rothschilds Family Buy Into Bitcoin
This purchase was more than likely done for one of their private clients with this being just one of the many private institutions owned by Rothschilds.
10/18/2020
Richest person in Europe's wealth rockets as luxury sales recharge
Leaving Arnault with a net worth of $77bn, down from $109bn in January 2020.