08/18/2020
Elon Musk gains US$8 billion to become world's 4th richest person
Tesla shares are up 339 per cent this year, fueled by growing anticipation that the company will be included in the S&P 500 Index.
Extremely Wealthy
08/17/2020
Super Rich Barter Yachts, Mansions And Caviar To Endure The Pandemic
Even before Covid disrupted the lives of the rich and powerful, high-end bartering was already commonplace.
08/16/2020
Russian billionaire Oleg Tinkov trapped after jetset lifestyle hits turbulence
Mr Tinkov, who is also owner of the expedition superyacht La Datcha, is now on bail of £20 million and barred from venturing outside the M25 pending an appearance before Westminster magistrates next month.
08/12/2020
Hong Kong’s Wealthy Investors Stay Put With Crisis Plans Ready
That view has been reinforced by signs of tacit support from Beijing, including record purchases of Hong Kong stocks by Chinese funds and a spate of high-profile listings by the nation’s technology giants.
08/12/2020
Hong Kong’s Wealthy Investors Stay Put With Crisis Plans Ready
A much-feared exodus hasn’t materialized, wealth managers say
08/11/2020
Saudi billionaire buys famous Onassis family London home for £18.6m
The grand home is 465.24 sqm and features an impressive entrance hall, five bedrooms, four en-suite bathrooms, floor-to-ceiling windows, a library, a bar, a family kitchen and three adjacent reception rooms.
08/10/2020
Italy’s Richest Family Builds $3 Billion Side Bet to Candy Giant
Assets of Giovanni Ferrero’s investment firm rose 40% in 2019
08/10/2020
Take a Glance at Elon Musk's Stunning Car Collection, From Classic to Ultra-Modern Vehicles
In 2003, he co-founded Tesla Motors, which would create "faster and more fun" electric cars than gasoline vehicles. Tesla has already produced car models that enticed car buyers to switch to electric vehicles.
08/09/2020
Wealthy, middle-class Americans buy bunkers during COVID-19
Vivos' sales are up 400% year-over-year
08/03/2020
Pandemic has not stopped world's richest families from growing wealth
The family's unprecedented fortune is almost US$100 billion more than the Mars candy clan in second place.
08/02/2020
LeBron James Is a Hall-of-Fame Watch Collector, Too
LeBron is back, so we're taking a deep dive into his watch collection.
07/31/2020
Newcastle owner Mike Ashley banks £17m from takeover saga despite Saudi’s proposed £300m deal collapsing
The takeover has been dogged by trouble from the outset.
07/30/2020
Jeff Bezos, Mark Zuckerberg and Elon Musk have made $115 billion this year
The world's richest people are growing even richer, even faster, as the pandemic upends the global economy
07/30/2020
Gold Mining Trio Gets $3 Billion Richer Riding Bullion’s Surge
Goldman Sachs Group Inc., Citigroup Inc. and Bank of America Corp., among others, say the rally could go even further as interest rates fall with the U.S. dollar.
07/26/2020
Billionaires: Jack Ma’s Ant Group plans dual listings in Hong Kong and Shanghai
In our fortnightly round-up, one of China's richest men avoids a New York listing and Mukesh Ambani seeks global investors for his retail business
07/24/2020
Wealthy buyers snap up ‘safe haven’ private islands as they flee pandemic
Trayor Lesnock, founder of Platinum Luxury Auctions, which is conducting the online sale of Mai Island on Saturday, said the pandemic had led people to reassess their lives and pursue the things they had fantasised about but always held off from doing.
07/24/2020
Elon Musk’s SpaceX in Talks to Raise Funds at $44 Billion Valuation
SpaceX is looking to raise about $1 billion at $270 a share
07/24/2020
Ambani Is World’s Fifth-Richest Person With $77 Billion Fortune
The jump in ranking is just the latest milestone for Ambani, 63, whose fortune has surged by $18.8 billion since the beginning of the year.
07/22/2020
Russia blazed a trail for Chinese oligarchs to nab London property
Most of the capital’s prime property is now bought by wealthy Chinese
07/21/2020
Harder than you think - Rathbones
For months, the American economy has shrugged off a muddled response to the pandemic, posting better-than-expected numbers.