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Extremely Wealthy

01/15/2024

Billionaire Steve Cohen Aggressively Bought These 12 Stocks Recently

The source of his wealth and fortune is the finance industry, with Mr. Cohen being known for having set up and run the hedge fund Point72 Asset Management.

01/08/2024

5 Winning Habits Of Millionaire Entrepreneurs

The opportunity to create something meaningful and lasting is also a major factor for many aspiring business owners.

01/03/2024

The world’s 10 wealthiest people got nearly half a trillion dollars richer in 2023—and Elon Musk was the biggest winner

Even billionaires giving away their fortunes saw their net worth increase substantially.

01/02/2024

What Resolutions Do Millionaires Make? New Year’s Habits of the Ultra-Rich

More than two dozen self-described millionaires shared their plans.

01/02/2024

World’s richest 500 have grown richer by $1 trillion this year

This is more than four times last year's gain, as stock markets shrugged off economic, social and political divisions.

01/02/2024

Billionaire Steve Cohen strives to rejuvenate the baseball franchise

The fund’s growth was triggered by Cohen and his team’s investment expertise.

12/29/2023

Even Rich People Budget: The Importance Of Financial Planning

Financial planning allows you to establish short and long-term goals, create a budget, and track your progress.

12/29/2023

L’Oreal Heir Francoise Bettencourt Meyers Becomes First Woman With $100 Billion Fortune

Shares in the comestics firm have surged to a record this year

12/29/2023

Musk leads world's richest to US$1.5T wealth gain in 2023

Tech billionaires saw their wealth grow by 48 per cent or US$658 billion, propelled by intense hype around artificial intelligence.

12/28/2023

Warren Buffett has tumbled from 5th place to 10th on the rich list this year - as Big Tech rebounded and he donated nearly $6 billion

Warren Buffett has dropped from the world's fifth-richest person to 10th on the list this year.

12/28/2023

How reading helped billionaire Bill Gates become a philanthropist

Gates recently opened up about this turning point in his life on Trevor Noah's podcast.

12/27/2023

Brazilian Billionaire Marcel Telles Hands Stake in World’s Biggest Brewer to Son

He’ll transfer the entirety of the stake to Max, who will also replace him at the entity that controls the investment

12/20/2023

The 10 Billionaires Who Gained The Most Wealth In 2023

The AI frenzy helped drive up the fortunes of the wealthiest tech tycoons.

12/15/2023

The world’s newest money haven for billionaires

But a new wealth hub is becoming wildly popular with billionaires — the skyscraper-studded emirate of Abu Dhabi.

12/12/2023

Abu Dhabi emerges as new haven for the ultra-wealthy

An SPV, also called a special purpose entity (SPE), is a subsidiary created by a parent company with the purpose of isolate financial risk.

12/11/2023

MacKenzie Scott Has Donated $2.2 Billion To Charity This Year

Scott’s donations, famous for being largely unrestricted and unsolicited, went to 360 nonprofits across at least 35 states as well as countries including Kenya, India and Brazil.

12/08/2023

World’s Richest Families 2023

From the house of Hermès to Gulf royals, the wealth of global dynasties soared 43% in the last year.

12/07/2023

‘Crazy rich’ Chinese making headaches for Singapore

Singapore is a big beneficiary of China’s rising capital flight but not all of the footloose funds are desirable or clean

11/30/2023

New billionaire heirs overtake self-made ones as $5.2 trillion wealth transfer begins

UBS, which counts half the world’s billionaires as clients, found that $150.8 billion was inherited by 53 heirs over the 12 months to April

11/27/2023

16 Richest Hedge Fund Managers in the World

In such an environment, hedge fund managers still managed to amass billions of dollars in personal earnings.

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