12/16/2022
Zara founder buys Seattle skyscraper for $323 million
The purchase follows a $500-million investment in a 64-floor skyscraper of luxury apartments in New York’s Financial District.
Extremely Wealthy
12/15/2022
Elon Musk offloads $3.6bn of Tesla shares
Sold $23bn shares since Twitter buy
12/13/2022
Swiss billionaire's top unicorn is severely trimmed back
Simultaneously with this reduction, the company also reduced the price at which employees can exercise their stock options. Originally about $252 per share, it has now been reduced to about $65.
12/13/2022
Billionaire John Paulson Stands To Make $500 Million From Horizon’s Sale To Amgen
Now it looks to pocket about $500 million from Amgen’s $27.8 billion acquisition of Horizon Therapeutics.
12/09/2022
Elon Musk slips out of first place in world wealth ranking — but only briefly
This was the first time Mr. Musk lost his title of richest since he passed Amazon founder Jeff Bezos in September 2021.
12/09/2022
Japanese Tycoon Unveils Moon Trip Crew
The plan is to send a crew to the moon for a six-day round trip with no landing in hopes that the experience will positively inspire the creative work of artists.
12/07/2022
Super rich folks in wealth hubs, including S’pore, still have their eyes on crypto
Over 70 per cent of the 1,500 people polled said they are moderately or highly interested in digital assets, with almost half saying they think most assets will be digitalised in future.
12/07/2022
Secretive Gulf Family's $300 Billion Fortune Is About More Than Oil
The Al Nahyan family owns Manchester City Football Club, a dozen or so palaces and invested big in SpaceX and Savage X Fenty.
11/29/2022
‘Tis Always the Season for Billionaire Philanthropy
Americans are their most charitable at year’s end. But even on days like Giving Tuesday, billionaire donors crowd out the impact of small-dollar gifts.
11/28/2022
These are the Richest Bankers in Switzerland
The widespread stock market collapse wiped out vast sums of value this year, although many of Switzerland's super-rich managed to escape fairly unscathed.
11/24/2022
Buffett Donates $758 Million in Berkshire Shares to Charity
Buffett made the donation after converting 1,600 Class A shares into 2.4 million Class B shares.
11/17/2022
Single-Digit Millionaire Is The New Middle Class: Billionaire Grant Cardone Says 'You Are Not Wealthy... You Are Worried'
In the past month, Cardone Capital CEO Grant Cardone has spread the word to the masses that the single-digit millionaire is the new middle class.
11/17/2022
Meet the billionaires who are donating their wealth to charity
These three billionaires whose names are always associated with wealth and money have decided to give back towards different various charitable causes.
11/15/2022
Jeff Bezos says he will give away most of his massive fortune
Bezos has a net worth of $124 billion
11/14/2022
The World’s Wealthiest Women Billionaires
Susanne Klatten is placed 8th with a net worth of $24.1 billion.
11/14/2022
Indian billionaire Mukesh Ambani interested in buying FC Liverpool - report
But he faces competition from other parties from the Middle East and the US
11/11/2022
Europe’s Richest Millennial Emerges From Red Bull Wealth Shift
Mark Mateschitz, a 30-year-old Austrian, owns almost half of the Red Bull empire following his father’s death last month.
11/09/2022
Hurun: Chinese Billionaire Wealth Falls Sharply
This year has seen the biggest fall in the Hurun China Rich List of the last 24 years,» said Hurun Report Chairman and chief researcher Rupert Hoogewerf.
11/08/2022
Number of Irish millionaires grows as 12pc of households have net wealth of €1m or more
This is a huge jump from 2013 when only 87,000 households, or 5pc of the total, met the qualification.
11/08/2022
Ordinary jobs Elon Musk did before he became the world’s wealthiest man
It may be hard to imagine this super wealthy man getting his hands dirty and working like the millions of other people around the world