Managers of Wealth

More ultra-wealthy families setting up offices in Singapore, and they’re not just coming from Asia

The COVID-19 pandemic has forced these ultra-high net worth individuals to rethink how to safeguard their wealth, industry observers say.

Ultra Wealthy Saw Real Estate as an Investment Opportunity in 2022 Amid Volatile Financial Markets

Permacrisis is defined as an extended period of instability and security.

How the richest Australians are using financial advice

The vast majority of high-net-worth Aussies do not receive financial advice.

15 Richest Women in the World, Ranked by Net Worth

Ever wondered who the wealthiest woman in the world is? We often read about Bill Gates, Elon Musk, and others in the billionaire boys club.

The World’s Wealthiest People

Jeff Bezos is the fifth-richest person globally

Wealthy Americans set to lead ultra-prime London property purchases - claim

Research by the agent found that the market for ultra-prime central London property among multi-millionaire and billionaire buyers rose by 30% during 2022.

The World’s Richest Man Is Now A French Wine Producer

He has overtaken Elon Musk as a result of the dramatic drop in the Tesla share price and the strong performance of LVMH.

Elon Musk, Jeff Bezos, and the 6 other richest Americans have suffered a nearly $400 billion wealth wipeout this year

Tech stocks have plunged due to historic inflation, rising interest rates, and a looming recession.

16 Smart Financial Habits The Wealthy Follow (That It’s Wise To Emulate)

Below, 16 of them share some of the smart habits and practices their wealthy clients follow that others would be wise to emulate.

Billionaire Asok Kumar Hiranandani’s Royal Group Buys Singapore Property At Record Price

The freehold property—which is surrounded by luxury hotels and prime residential developments including the Four Seasons Hotel and St Regis Hotel & Residences—was sold at S$3,125 per square foot per plot ratio

Zara founder buys Seattle skyscraper for $323 million

The purchase follows a $500-million investment in a 64-floor skyscraper of luxury apartments in New York’s Financial District.

Elon Musk offloads $3.6bn of Tesla shares

Sold $23bn shares since Twitter buy

Swiss billionaire's top unicorn is severely trimmed back

Simultaneously with this reduction, the company also reduced the price at which employees can exercise their stock options. Originally about $252 per share, it has now been reduced to about $65.

Billionaire John Paulson Stands To Make $500 Million From Horizon’s Sale To Amgen

Now it looks to pocket about $500 million from Amgen’s $27.8 billion acquisition of Horizon Therapeutics.

Elon Musk slips out of first place in world wealth ranking — but only briefly

This was the first time Mr. Musk lost his title of richest since he passed Amazon founder Jeff Bezos in September 2021.

Japanese Tycoon Unveils Moon Trip Crew

The plan is to send a crew to the moon for a six-day round trip with no landing in hopes that the experience will positively inspire the creative work of artists.

Super rich folks in wealth hubs, including S’pore, still have their eyes on crypto

Over 70 per cent of the 1,500 people polled said they are moderately or highly interested in digital assets, with almost half saying they think most assets will be digitalised in future.

Secretive Gulf Family's $300 Billion Fortune Is About More Than Oil

The Al Nahyan family owns Manchester City Football Club, a dozen or so palaces and invested big in SpaceX and Savage X Fenty.

‘Tis Always the Season for Billionaire Philanthropy

Americans are their most charitable at year’s end. But even on days like Giving Tuesday, billionaire donors crowd out the impact of small-dollar gifts.

These are the Richest Bankers in Switzerland

The widespread stock market collapse wiped out vast sums of value this year, although many of Switzerland's super-rich managed to escape fairly unscathed.

Extremely Wealthy