03/04/2022

The Last Safe Harbor for Russian Oligarchs

Andrey Kostin's «Sea Rhapsody» is reportedly heading for the Seychelles after departing from Turkey on February 18, which was before Russia invaded Ukraine on February 21.

03/01/2022

Ultra-rich put money into trophy homes

This year, more than one in four ultra-high-net-worth individuals (UHNWI) plan to buy a house to capitalise on low interest rates. Australians with a net worth of $US30 million owned 2.8 homes on average in 2021.

02/24/2022

Elon Musk Leaves $200-Billion-Club Empty

Until yesterday, Tesla CEO Elon Musk was the only person whose wealth exceeded $200 billion, leaving the club-of-the-over-$200-billionaires empty.