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Extremely Wealthy

11/24/2020

Elon Musk Overtakes Bill Gates to Grab World’s Second-Richest Ranking

About three-quarters of his net worth is comprised of Tesla shares, which are valued more than four times as much as his stake in Space Exploration Technologies Corp., or SpaceX.

11/23/2020

Why the wealthy focus on returns from secondary markets

These secondary markets tend to have highly resilient properties as there is steady demand for them from the middle-income sector of the economy.

11/20/2020

Billionaire Invests 10% of Liquid Portfolio in Bitcoin

The billionaire says the top crypto protects the wealth of private citizens from getting expropriated.

11/20/2020

Nearly one-in-five wealthy Brits has at least £100,000 in cash

29% would like to move their assets to investments but don’t know what to do

11/17/2020

Richard Branson’s Net Worth Plunges $200 Million As Pandemic Grounds Virgin Galactic Spaceflight

A successful space launch would likely have provided rare relief after a year in which the pandemic brought Branson’s business empire to its knees.

11/17/2020

Richard Branson’s English country manor is for sale

The space tourism pioneer, now living on Necker Island in the British Virgin Islands, is worth US$4.5 billion – but it all started at tranquil Tanyards Farm in Sussex

11/16/2020

Owning a Private Island: Is it a Dream Come True or Too Much Hassle?

Having your own piece of paradise with ultimate privacy – the idea of owning a private island can sound like a dream come true

11/11/2020

Despite Brexit, UK still key destination for wealthy Gulf expats

The number of High Net Worth Gulf expats living in the UK has increased by 28 percent in five years

11/09/2020

Jeff Bezos Is Nearly $14 Billion Richer As Stocks Post Best Week Since April, Even With Election Undecided

In addition to Amazon, other big tech stocks led the market higher this week.

11/04/2020

Jack Ma’s Wealth Drops $2.6 Billion As Ant Group Suspends IPO

The dramatic turn of events caused shares of the New York-listed Alibaba to plunge more than 8% overnight.

11/03/2020

The Wealthy Have Their Election Escape Plan Ready

Expect to pay upwards of $100,000 for citizenship of a Caribbean nation, or over double that for residency in an E.U. country like Portugal.

11/03/2020

Five world’s wealthiest families control a fortune of over $620bn

Tesla and SpaceX boss Elon Musk is currently the fifth richest person on the plan with a $93 billion net worth.

11/01/2020

UAE billionaire 'in talks' to acquire UK's Derby County

Sheikh Khaled named 'person with significant control' in newly incorporated firm in UK

10/30/2020

A flat-tax scheme is luring the wealthy to Italy

Many are Britons fleeing Brexit

10/30/2020

Gina Rinehart is Australia’s richest person

Iron ore prices were around US$80 a tonne late last year and rose to a peak of more than US$125 last month.

10/27/2020

MVP wants to buy Malampaya shares

This will not be the first time PXP Energy has signified its interest in the Malampaya natural gas platform.

10/27/2020

Jack Ma's Ant Group set for record $34bn market debut

Mr Ma's Ant shares are reportedly worth about $17bn, taking his net worth to close to $80bn and confirming him as China's richest man.

10/27/2020

Elon Musk: 5 facts about the outspoken South African tech entrepreneur before the billions

He surpassed Facebook’s Mark Zuckerberg as the third-richest man in tech, and became the fifth-richest man in the world, but Elon Musk’s journey to success was just as unconventional as he is

10/26/2020

The wealth of the director of the “Louis Vuitton” company has...

Louis Vuitton, which owns brands such as Bulgari And Guerlian And Dom Perignon, For a profit decline of 21% in the first nine months of 2020.

10/26/2020

Factbox: Samsung's Lee leaves behind $21 billion wealth for inheritance

His two known houses in central Seoul are the priciest individual homes in the country, with ground area of 1,245.1 and 3,422.9 square metres, respectively.

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