05/31/2023
Elon Musk has lost almost a third of Twitter's value, but his personal wealth remains intact
Twitter is now worth around $15 billion, whereas Elon Musk bought it for $44 billion last year
Extremely Wealthy
05/24/2023
While billionaire numbers drop, generous donors give more
The super-rich population may have declined but those who give away their wealth are donating more than ever.
05/22/2023
Mark Zuckerberg's net worth surges by $44 billion in 2023
Meta chief executive's personal fortune has grown the fastest of any billionaire so far this year
05/18/2023
20 Richest Countries in Europe
The euro area has also seen similar upward revisions in GDP growth, with expected growth rates of 1.1% and 1.6% in 2023 and 2024, respectively.
05/18/2023
Elon Musk Net Worth and Crypto Holdings Revealed – Richest Man in The World?
Musk divides opinion; he is hailed by his fans and supporters as a revolutionary genius, and is derided by his detractors as a greedy, exploitative capitalist.
04/28/2023
Mark Zuckerberg’s wealth grows $10 billion after Meta’s shares catapult 14% on strong earnings and a ‘year of efficiency’
The billionaire used Thursday’s results to burnish his case for pressing on with investments in areas like artificial intelligence and virtual reality.
04/20/2023
Nairobi and Mombasa named among the world’s wealthiest cities
They may have significant influence over the economy, politics, and society due to their vast wealth and resources.
04/20/2023
Chinese cities add millionaires at fastest pace globally as Hong Kong falls behind Singapore
Chinese and US cities dominate the top 10 list of cities with the fastest growing millionaire pools over the past decade
04/19/2023
British Tycoon to Sell £75 Million Mansion That Housed JP Morgan
The ultimate owner of the property is the family of Jatania, who built a fortune in cosmetics and sold personal-care brand Lornamead to rival Li & Fung Ltd. for almost $200 million a decade ago.
04/19/2023
The Wealthiest Cities in the World in 2023
The US and China also dominate the Top 10 list of fastest growing cities when it comes to resident millionaires over the past decade.
04/18/2023
Wealth Of Korea’s 50 Richest On 2023 Forbes List Falls 18% To Us$106 Billion
While South Korea’s export-dependent economy grew 2.6% in 2022, its stock market was one of the worst performers in Asia over the past 12 months.
04/14/2023
20 Cities With the Most Ultra-Wealthy Residents
Information in the report was compiled by Wealth-X, an Altrata company, and sponsored by REALM, a real estate platform for the top 1% of real estate professionals globally.
04/13/2023
Rich Chinese scrutinise investments like never before, with overseas funds seen at ‘grave risk’
Some affluent citizens are even leaving money in banks – marking the first time in a decade that bank deposits are a top-three investment play for China’s wealthy
04/13/2023
The ultra-wealthy appear to be losing interest in NZ
That compares to 492 applicants to the country’s old visa program in 2021, before it tightened the rules to require bigger sums of money and ruled out investing in real estate.
04/10/2023
‘Super-rich’ South Koreans ditch real estate for cash in 2022
The report was based on a survey of 2,013 South Koreans above the age of 19 conducted in December 2022.
03/30/2023
Singapore Gets Crazier and Richer
For all the other brackets of the ultra-high net worth out there looking to place a family office or assets in the city-state, you better watch out. It might not be the best place anymore.
03/28/2023
The wealthy are beginning to feel responsible, so what will they do next?
Now in its ninth year, it also reported that 36% of the wealthy wanted to demonstrate that family wealth can be invested for positive outcomes, a 13% rise compared to 2021’s results.
03/22/2023
HSBC invites Grammy-winner Pharrell Williams to meet its richest Hong Kong clients as it introduces art-finance offering
HSBC’s art finance offering allows private-bank clients to borrow against the value of an art collection to finance other business initiatives
03/21/2023
Are the Ultra-Rich Ready for Singapore After Credit Suisse?
The wealthy might want to diversify beyond UBS to the likes of DBS.
03/13/2023
Dubai: Over 60% of millionaires prefer to use the emirate as their primary residence
Dubai has been a haven for millionaires in the past few years who migrated in large numbers to the emirate during and post-pandemic