05/16/2022
‘Straw Owner’ Hides $1 Billion Worth of Russian Yachts
A US affidavit seen by Bloomberg News says a nest of offshore companies and a yacht broker helped obscure a superyacht’s true owner
Extremely Wealthy
05/12/2022
Growth push: Koda Capital sells stake to wealthy US family
Koda Capital is planning to grow via acquisition after selling a stake to family-owned US wealth business Emigrant Partners.
05/11/2022
UHNWs may think differently due to their level of wealth
Some 81 per cent of UHNWs (those worth more than $30 million) consider tangible assets – such as artwork, boats, planes and collectibles – as part of their portfolio of assets and, therefore, something that should be managed as such.
05/11/2022
Wealthy investors pile into the carbon market
Amid the proliferation of net-zero commitments, money managers look to the rise of carbon-related assets
05/09/2022
Wealthy Americans are buying second passports as a 'plan B' for their families
The top programs grant citizenship to foreigners who invest millions of dollars in the country.
05/05/2022
Opinion: A New Normal
A billionaire weighs in on the new approach he believes is now needed in business.
05/02/2022
From cheating clients to £1.2k tips, a flight attendant reveals private jet secrets.
The luxury flight attendant has now revealed some of the bizarre stories she heard while working on the private plane.
05/02/2022
How Asia's Billionaires are Using Their Wealth to Change the World for the Better
The 10 richest billionaires on Asia’s Most Influential list are channelling their immense resources toward building a better world
04/25/2022
The 10 Richest Royal Families In The World
Royal families usually have generational wealth that is enormous to say the least.
04/18/2022
World’s Wealthiest People, 2022 (16 April 2022)
Warren Buffett is the fifth-richest person in the world, with $125 billion.
04/18/2022
Soaring food prices push more Cargill family members on to world’s richest 500 list
Fortunes of siblings James Cargill, Austen Cargill and Marianne Liebmann up a fifth this year
04/11/2022
30 World’s Wealthiest People, 2022 (11 April 2022)
Warren Buffett is the fifth-richest person in the world, with $128 billion.
04/10/2022
Retired At 25: How Ash Barty Made Her $40 Million Fortune
With a $40 million fortune to his name, Ash Barty retired from tennis at the age of 25.
04/08/2022
Sir Alex Ferguson still nets £235,000 a week
The latest abbreviated accounts lodged at Companies House for ACF Sports Promotions show it has total assets of £27.5 million and owes almost £7 million to creditors.
04/08/2022
The wealth of Akshata Murty, Indian heiress and wife of Rishi Sunak
Not only is she far richer than the Queen, but Murty also owns almost as many properties
04/06/2022
Total wealth of world’s billionaires has fallen to $12.7tn, says Forbes
Number of billionaires worldwide falls by 329 amid Russian sanctions, according to Forbes
04/06/2022
Brookfield billionaire reveals the secret behind its 3700pc return
That compares with about 500 per cent for the S&P 500 Index.
03/31/2022
Credit Suisse: Oligarchs at the Gate
The decision came yesterday after five years of legal conflict, ostensibly penalizing the unit with a $550 million U.S. dollar fine.
03/29/2022
US warns wealthy Russians against shifting assets to evade sanctions
Senior Treasury official highlights increasing efforts to conceal and transfer money in wake of Ukraine invasion
03/29/2022
Will Elon Musk soon pay $50 billion in taxes?
If this tax plan passes the US Congress, the tax liability of US billionaires could increase dramatically.