12/18/2024
Wealthy millennials shift focus to lifetime wealth transfer, Schwab survey finds
The findings highlight a generational divide in legacy planning among high-net-worth individuals (HNWIs) with more than $1 million in investable assets.
Extremely Wealthy
12/16/2024
Private Banks Boost Hong Kong Hiring to Woo Rich Chinese Clients
For the city, it’s a welcome reprieve after years of political turmoil, rigid Covid restrictions, and an exodus of people.
12/12/2024
Elon Musk's net worth tops $400 billion, a first for any person
Musk's wealth, which was last counted at $384 billion by the Bloomberg Billionaires Index, jumped after an insider share sale of SpaceX, the space exploration company that he founded.
12/05/2024
Musk's $119 Billion Wealth Increase Outpaces Dell and Zuckerberg, But Guess Who's Catching Up
Big names like Larry Ellison, Jensen Huang and Mark Zuckerberg are also on the list.
12/03/2024
Jeff Bezos: A Visionary Leader With a $226 Billion Net Worth.
He made his billions as the founder of Amazon.com and has held various roles, including former CEO and current president and chairman of the board.
11/29/2024
Swiss Super-Rich Had a Good Year
This is an increase of 4.8 percent compared to the previous year.
11/28/2024
L’Oréal heiress and Europe’s richest woman has lost more of her wealth than most other billionaires. But that isn’t stopping her from loading up on investments
Despite the carnage, Bettencourt Meyers hasn’t refrained from supporting French ventures through her family’s investment firm, Téthys Invest.
11/26/2024
New group aims to promote legacy giving among wealthy people
The committee of wealth advisers will share expertise and advocate for legacy giving
11/25/2024
Elon Musk's net worth hits all-time high
Tesla owner becomes the richest person in the world after his fortune surges $70 billion following Trump's win
11/22/2024
Elon Musk's Net Worth Tops $330 Billion
The company is worth $1.1 trillion, so that means Musk’s piece is half his net worth.
11/19/2024
Bernard Arnault's son to take up new job leading LVMH's struggling drinks division
All five children currently hold top managerial positions at LVMH, with the oldest, Delphine, 49, now the CEO of fashion brand Christian Dior (FR:CDI).
11/04/2024
UK’s Richest Man Says ‘Spiteful’ Tax Hikes Will Kill Off Growth
The remarks are the most high profile attack from a British business leader since Reeves’ budget after firms were forced to shoulder the bulk of her £40 billion of tax rises.
11/04/2024
Warren Buffett Made His Fortune 'Sort Of By Accident,' According To His Daughter. Loving What He Did Led To Unexpected Wealth
In 2017, Susie Buffett shared insight with People into her father’s life, describing him as a man whose love for investing drove his success, not the pursuit of wealth itself.
10/29/2024
French luxury titans see wealth decline
Their combined wealth has contracted by 53 billion euros this year, reflecting broader headwinds in the premium goods sector.
10/29/2024
Elon Musk's Philanthropy Under Fire For Controversial Donations
Critics question Musk's commitment to charitable giving as he funds political campaigns and profits increase
10/24/2024
Jensen Huang surpasses Mark Zuckerberg as top billionaire in wealth gain
But in terms of net worth, Zuckerberg ranked 3rd globally at $206 billion, while Huang came in 11th at $125 billion.
10/18/2024
Mark Zuckerberg has ditched quiet luxury and is now proudly flaunting his $201 billion fortune.
In a rare display of openness, he and his wife Priscilla Chan, shared glimpses of a lavish celebration
10/11/2024
Thailand’s Richest Man Expands Wealth as Merger Wins Over Investors
Merger of power, telecom firms can fit ‘tiger with new wings’
10/10/2024
Bernard Arnault loses $13 billion in a single day as China’s uncertain recovery undermines billionaire’s wealth
The LVMH CEO had a mildly painful year as he fell to fifth place among the world’s wealthiest people.
10/08/2024
Elon Musk's Portfolio Defies the 'Rules' of Building Wealth
Comparison to Other Billionaires: Unlike diversified billionaires like Warren Buffett, Musk’s wealth is concentrated in one company.