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Extremely Wealthy

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.

09/20/2024

LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout

Arnault's net worth has tanked by $30 billion this year

09/18/2024

Mark Zuckerberg's Wealth Skyrockets by $51 Billion This Year, Putting Him on Track to Claim the Title of Richest Person on Earth

With a fortune of $248 billion, Elon Musk is the richest person on the plane

09/12/2024

Zuckerberg's Wealth Soars: On Track to Be World's Richest

Currently at the top of that ranking stand Elon Musk and Jeff Bezos.

09/11/2024

Rise of the wealthy woman

As long as wealth has existed as a theme, it has been dominated by men.

09/09/2024

Why the wealthy in Asia should get on the front foot in legacy planning

Without clear planning, assets can fall into probate for years, leaving family members and courts to decide how to allocate assets

09/06/2024

After Jensen Huang's Nvidia wipeout, no one has gained more wealth than Mark Zuckerberg in 2024 — he's $56 billion richer

Zuckerberg now ranks third on the rich list

09/02/2024

Do the very wealthy relocate because of tax rises alone?

Access to the arts is more likely to govern a billionaire’s choice to stay in a cultural capital such as London — along with the political and economic security

08/30/2024

Billionaire Sir Jim Ratcliffe promotes son to top job at Ineos Automotive

George Ratcliffe, the middle of Sir Jim’s three children, becomes President of the Americas ‘with immediate effect’, the company announced.

08/29/2024

The impact of the UK's changing non-dom landscape on wealthy Africans

A key feature of the UK’s favourable non-dom regime has been the remittance basis, which allows offshore income and gains to be outside the scope of UK tax.

08/28/2024

How Trying To Get Rich Can Keep You From Becoming Wealthy

The rich can buy what they want, when they want, with their available resources.

08/23/2024

Indian billionaire Gautam Adani to overhaul family office after short-selling scandal

Asia's second-richest person is seeking to rebuild his conglomerate’s credibility after a tumultuous 18 months

08/20/2024

6 Things the Wealthy Do To Ensure a Luxurious Retirement

While high-net-worth individuals are often already poised to do this, almost anyone can do the same.

08/20/2024

There are only 15 people whose wealth is greater than $100 billion (and they’d be richer if they weren’t giving it away)

Most of those with net worth above $100 billion founded tech companies and, as a result, own huge amounts of stock in some of the world’s most valuable companies.

08/15/2024

The Net Worth You Need to Be Considered Wealthy in 2024

The definition of wealth varies dramatically depending on where you live, your perspective, and the metrics used to measure it.

08/15/2024

A Hong Kong Billionaire Says the City Will Become a Global Hub for the Ultra-Wealthy

The third-generation heir recently established the Hong Kong Academy for Wealth Legacy and was appointed as the chairman of the board of directors in 2023 in an effort to boost the city’s high-net-worth population.

08/12/2024

Elon Musk, Jeff Bezos And Other Ultra-Rich In Crosshairs? Economist Says 'No Going Back' On 2% Minimum Billionaires' Tax Proposal

Citing statistics, the economist said a mere 3,000 people now boast of $14.4 trillion of wealth, which equates to 13% of the world’s GDP.

08/12/2024

Meet 3 of richest women in Chinese history, with one being the wealthiest woman ever

Empress Wu Zetian controlled immense amount of wealth during Tang dynasty (618-907), estimated to be worth US$16 trillion

08/12/2024

Asia’s ultra-wealthy surge: Hong Kong and Singapore vie for dominance

This dramatic increase will position Asia as the second-largest concentration of UHNWIs, trailing only North America.

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