Managers of Wealth

The ultra-rich can buy yachts to live ‘nowhere’ — but can it also be a tax strategy? Not for most Americans

Yacht 'season' (2) typically runs from May to October in the Mediterranean, and November to April in the Caribbean and other tropical destinations such as Southeast Asia.

Soon-to-be trillionaire Elon Musk's wealth grew by over $1 million per minute in the last year

Oxfam warns Musk's imminent ‘government-backed trillionaire’ status marks "a dark day for democracy."

World’s richest 0.01% estimated to have nearly US$1 trillion in annual climate debt – Greenpeace report

The report Understanding the Climate Debt of Extreme Wealth highlights how the climate crisis is increasingly also a crisis of extreme wealth concentration.

Kanye West's $400 million empire after the Adidas fallout

Kanye West lost $6 billion when Adidas dropped him in 2022 and is now rebuilding a $400 million empire with no corporate partner and no apology.

Ranked: Where the Ultra-Rich Are Growing Fastest

China ranks second with more than 22,000 projected additions, reinforcing its position as one of the largest wealth creation markets globally.

Billionaires already couldn’t talk to their grandchildren. Now they’re on opposite sides of the AI divide

A junior analyst — often the founder’s grandchild, or close to it — has spent the last six months running investment memos through an AI summarization tool.

This billionaire is capping his kids’ inheritance at 8 figures—like Bill Gates, he thinks generational wealth is bad for society

But don’t expect his two children to inherit all of it.

The key detail SpaceX's IPO filing revealed about Elon Musk's debt

Bloomberg had assumed that 57% of Musk's SpaceX shares were pledged as collateral for personal loans, after he said in 2019 that he'd borrowed against some of them.

Musk’s trillionaire milestone is step closer with SpaceX filing

Even at a valuation of $1.75 trillion, he’d still reach that unprecedented benchmark when combined with his $292 billion Tesla Inc. holding and ownership in various other companies.

Zara Billionaire In Talks to Buy €850 Million Paris Office

The family office has secured an exclusivity period to complete negotiations to acquire the Capital 8 complex, people with knowledge of the talks said.

Billionaire Femi Otedola buys £53 million 10-bedroom mansion in London

Billionaire and chairman of Geregu Power, Femi Otedola, has reportedly acquired a luxury mansion in one of London’s most exclusive neighbourhoods in a deal valued at about £53 million.

Wealthy clients go global as ultra-rich fortunes set to reach $84T by end of decade

New research points to rising demand for cross-border planning as mobile, self-made fortunes expand.

Europe's ultra-rich club grew by 26% in five years — led by Germany

More than 710,000 people worldwide hold at least $30 million (€25.7m) in net wealth. Almost a quarter of them, 25.8%, live in Europe.

Zara Founder Ortega Leads Ultra-Rich’s Push Into $1 Trillion Property Market

His wealthy counterparts are similarly retaining their focus on the asset class, fueling a record $464 billion of private capital deployed last year into the market for offices, logistics sites and rental housing, broker Knight Frank said in its 2026 weal

Extremely Wealthy