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Extremely Wealthy

02/12/2015

AmEx Is Losing Its Millionaires

As American Express courts ordinary spenders, rivals poach its wealthiest clients

02/12/2015

Why It's Hard To Be A Russian Millionaire In Europe

In short, no one wants to have much to do with Russia at all

02/10/2015

Revealed: Wealthy Arab royals embroiled in HSBC Swiss bank scandal

The secret Swiss bank accounts of numerous wealthy Arabs have been revealed in an international expose into HSBC Private Bank’s operations in the country.

02/10/2015

Johnny Depp, Amber Heard wed again on his private island

They tied the knot at Depp's West Hollywood home

02/09/2015

Wall Street CEO turns down $2.2 million bonus he didn't deserve

The headline was Wall Street’s version of “Man bites dog.”

02/09/2015

Stream of Foreign Wealth Flows to Elite New York Real Estate

Behind the dark glass towers of the Time Warner Center looming over Central Park, a majority of owners have taken steps to keep their identities hidden

02/09/2015

New York hotel sells for $2 million a room

A New York hotel which has not even opened yet has been sold to Chinese investors for US $230 million

02/09/2015

South Africa’s richest people in 2015

The number of South African dollar billionaires is shrinking, showing that amid trying economic times, even the super wealthy take a knock.

02/09/2015

Burgess Yachts’ newest boat emulates James Bond

Super yacht brokerage Burgess Yachts is celebrating its 40th anniversary

02/06/2015

Gandel gives the nod for mall merger

Melbourne Gandel gives the nod for mall merger

02/06/2015

Billionaire hedge fund manager explains why banker pay is way more screwed up than hedge fund manager pay

Since the financial crisis, hedge funds for the most part have struggled to produce strong returns relative to passive strategies making it difficult to justify the fees they’re paid.

02/06/2015

Where do the world's 2,089 billionaires live?

The world now has a record 2,089 billionaires – and for the first time, India has more of them than Britain or Russia

02/06/2015

Is Bill Gates still the richest man in the world?

Their recent publication reveals that India has for the first time overtaken Britain and Russia in terms of the number of billionaires living in its borders.

02/04/2015

Sieja, kCura land $125 million from heavyweight backers

It functions as a wealth-management firm for family offices of high-net-worth individuals but also makes venture investments.

02/04/2015

Gina Rinehart Retains Top Spot On Forbes Australia Rich List

Mining tycoon Gina Rinehart retains the top spot on the latest Forbes Australia Rich List.

02/04/2015

Alibaba chief ousted as China’s richest

Top spot was snatched by solar energy entrepreneur Li Hejun

02/03/2015

To be rich ... The wealthy eat better food, go to better schools, wear better clothes and more.

He travelled all over the world to castles and penthouses to see how the other half really live.

02/02/2015

Moguls, superrich families and private-equity titans prowl for dealerships

Outside investors are shopping for auto retailers in greater numbers and with larger checkbooks than the industry has ever seen.

02/02/2015

The real cost of owning a superyacht

Superyachts are generally owned by Ultra High Net Worth Individuals

02/02/2015

Chinese millionaires spending 5pc less on gifting: report

Chinese consumers’ preferences when gifting have shifted, and Apple has displaced traditional luxury brands such as Hermès and Louis Vuitton as the top choice of brand for presents.

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