Managers of Wealth

Oil Tycoon Harold Hamm Just Got $2 Billion Richer in One Day

A return to full operating capacity could take weeks or months.

The Custodians: The Scott family

This deep-rooted belief in the next generation seems well-founded.

T. Boone Pickens' passing is the end of the self-made oil man

Pickens reinvented himself at least three times to capitalise on opportunity - now the oil industry must do the same

South Africa’s rich are paying millions for EU citizenship via Malta

And according to United Kingdom visa company MoveUp, there was a 22% increase in emigration to the UK in the last two years, with 2018 serving a record breaking year for emigrations.

The Queen has private cash machine at Buckingham Palace, TV show reveals

The surprise revelation comes in the first episode of a four-part series

Alexander Lebedev on the secrets of the Russian elite

Alexander Lebedev’s new book is a revelatory portrait of power players, from his days in the KGB to multi-million pound deals

Luxury retailers are ladling on perks to please ultra-rich clients

Although they make up a tiny proportion of the world's population, the ultra-rich have a tight grip on its pursestrings. So luxury brands are scrabbling to get into their pockets

Asia’s Richest Families are Riding High

Bloomberg’s categorization of family wealth excludes first-generation fortunes such as that of Alibaba Group Holding Ltd.’s Jack Ma, as well as those in the hands of a single heir.

How high net worth individuals are investing

Michael Sonnenfeldt, chairman of TIGER 21, joined The Final Round to discuss the current sentiment and investing trends of TIGER 21 members.

Jack Ma Ends 20-Year Reign Over Alibaba Wealth Creation Empire

His stake in e-commerce giant surged almost 10-fold since 2012

Michael Jordan pledges $1 million for hurricane relief in Bahamas

Jordan added that "the Bahamian people are strong and resilient and I hope that my donation will be of help as they work to recover from this catastrophic storm."

Pay wealthy bosses to come back to Britain says John Caudwell, the man who pays more tax than ANYONE

‘Onerous work’: John Caudwell’s finest yr was when he offered Phones4U for £1.5billion in 2006

UK Golden Visas snapped up by wealthy Hongkongers at unprecedented rate

Despite Brexit, 13 straight weekends of civil unrest in Hong Kong have prompted the region’s high net worth individuals to join their Mainland counterparts in buying their way into UK residency

Former Zimbabwe president Robert Mugabe dies, aged 95

Zimbabwe’s education secretary Fadzayi Mahere tweeted: “Rest In Peace, Robert Mugabe.”

Ride of the wealthy: Rich Indians prefer Bombardier jets; Audi & BMW cars favourite

Almost half of the wealthy like to renew their luxury car every 3-4 years.

Turbulent events driving wealthy to greater risk aversion

Fears of a recession, Hong Kong protests, trade war, and Brexit are making wealthy investors nervous and looking to stem losses

Philanthropists should treat AI as an ethical not a technological challenge

‘Advances in the field are coming faster than our ability to think through the consequences’

12 Important Skills Many Self-Made Billionaires Have In Common

Of course, they didn’t just get their assets with the snap of a finger.

Rich people are hoarding cash, and wealth managers are getting frustrated

Some wealth managers are genuinely frustrated that clients think cash is the safest bet in a world of negative interest rates

Millionaires hold nearly half of all personal wealth globally

The gap between rich and poor is not only wider than it was at the turn of the century, but those with the least are comparatively worse off.

Extremely Wealthy