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Extremely Wealthy

11/22/2024

Elon Musk's Net Worth Tops $330 Billion

The company is worth $1.1 trillion, so that means Musk’s piece is half his net worth.

11/19/2024

Bernard Arnault's son to take up new job leading LVMH's struggling drinks division

All five children currently hold top managerial positions at LVMH, with the oldest, Delphine, 49, now the CEO of fashion brand Christian Dior (FR:CDI).

11/04/2024

UK’s Richest Man Says ‘Spiteful’ Tax Hikes Will Kill Off Growth

The remarks are the most high profile attack from a British business leader since Reeves’ budget after firms were forced to shoulder the bulk of her £40 billion of tax rises.

11/04/2024

Warren Buffett Made His Fortune 'Sort Of By Accident,' According To His Daughter. Loving What He Did Led To Unexpected Wealth

In 2017, Susie Buffett shared insight with People into her father’s life, describing him as a man whose love for investing drove his success, not the pursuit of wealth itself.

10/29/2024

French luxury titans see wealth decline

Their combined wealth has contracted by 53 billion euros this year, reflecting broader headwinds in the premium goods sector.

10/29/2024

Elon Musk's Philanthropy Under Fire For Controversial Donations

Critics question Musk's commitment to charitable giving as he funds political campaigns and profits increase

10/24/2024

Jensen Huang surpasses Mark Zuckerberg as top billionaire in wealth gain

But in terms of net worth, Zuckerberg ranked 3rd globally at $206 billion, while Huang came in 11th at $125 billion.

10/18/2024

Mark Zuckerberg has ditched quiet luxury and is now proudly flaunting his $201 billion fortune.

In a rare display of openness, he and his wife Priscilla Chan, shared glimpses of a lavish celebration

10/11/2024

Thailand’s Richest Man Expands Wealth as Merger Wins Over Investors

Merger of power, telecom firms can fit ‘tiger with new wings’

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.

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