Managers of Wealth

Here's Why Elon Musk Could Be World's First Trillionaire, According to a Billionaire VC

Social Capital founder says the world's first trillionaire will either be Musk or "someone like him."

20 millionaires and billionaires who went from rags to riches

The founders of Starbucks and Ralph Lauren, and Sarah Jessica Parker and Celine Dion, all had childhoods characterised by poverty, while Ed Sheeran and Halle Berry slept rough – now they’re some of the world’s richest

British Billionaire And Brexiteer Sir David Barclay Dies Aged 86–Prime Minister Boris Johnson Leads Tributes

Sir David, 86, and his twin brother Sir Frederick Barclay are best-known in the U.K. as the secretive, and lately estranged, billionaires behind a string of upmarket hotels including—at various times—The Ritz and Claridges, alongside other med

Billionaire Sawiris Boosts Private-Jet Bet Amid Takeover Battle

Sawiris’s wager that Signature is worth more looked vindicated Monday when rival suitor Global Infrastructure Partners announced a recommended offer of $5.50 per share, or $4.63 billion.

Zhong Shanshan surpasses Warren Buffett on global rich list

Zhong Shanshan has also helped 4 family members become billionaires.

Russian Billionaires: These are the richest people in Russia, 2021

Andrey Melnichenko ranked 6th with a personal wealth of $19.1 billion, followed by Roman Abramovich with $18.8 billion.

Rich Americans Bracing for Higher Taxes Await Biden’s First Move

The questions paralyzing the wealthy and their advisers are which proposals by the Democrats will pass, and when they get implemented.

Tesla founder Elon Musk surpasses Jeff Bezos as world’s richest human

His wealth has been driven by meteoric stock price of Tesla, now valued at $773 billion, up seven-fold since last year.

Affirm founder Max Levchin poised to become next billionaire from ‘PayPal mafia’

Those shares are locked up for the next few months, so the actual value of Levchin’s stake will depend on the market’s reaction and Affirm’s performance as a public company. At $38 a share, Affirm would be valued at $9.2 billion.

Jeff Bezos giving $10 billion to fight climate change in February was the single largest donation of 2020

Out of the $10 billion, Bezos announced in November that $791 million has already been given out to at least 16 organizations.

Wealthy Art Collectors: Three Strategies to Engage HNW Clients

According to the Art Basel and UBS Global Art Market Report, total global sales increased 6% to $67.4 billion year-over-year in 2018.

Jack Ma arrested? Chinese media says Alibaba founder 'embracing supervision'

Ma's disappearance has fuelled speculations that he is either arrested or placed under house arrest. China has a track record of not revealing information on arrests of big personalities, so under 'supervision' could well mean jail

Why the rich are getting richer

The less money you owe, the hardest it is to start a business and prosper from that.

Chinese billionaire Jack Ma suspected missing

Ma was supposed to be part of the judging, but was replaced by an Alibaba executive in the November final, UK’s Telegraph reported.

China’s rich face million dollar question: stay and risk losing assets, or face the coronavirus abroad?

The number of rich Chinese moving abroad to safeguard their financial assets has grown in recent years

British billionaires getting richer: 15 richest people in the United Kingdom

Third on the list is Hugh Grosvenor, worth $12.7 billion, as of January 1, 2021.

Top 10 Wealthiest Retail Billionaires In The World As Of 2020

Let’s take a look at the following 10 Wealthiest Retail Billionaires in the world, who have a combined net worth of over $409.3, as of December 30, 2020.

Elon Musk's net worth quintupled in 2020 during the pandemic

This is particularly salient for Musk, whose coffers swell and shrink virtually in-step with Tesla's equity value, while he takes the minimum legally allowed salary from Tesla.

Things Nobody Warns You About Being A Millionaire

These are the five things no one will tell you about being a millionaire.

The 20 Most Powerless People in the Art World: 2020 Edition

Welcome to our annual list which highlights those who are rendered powerless in a system influenced by the super wealthy and the commercial galleries, nonprofits, museums, and publications that serve them.

Extremely Wealthy