Managers of Wealth

Rich families try new tactics to prevent heirs from squandering wealth: ‘joyous’ vibes and escape rooms

The Center for Family Legacy, part of Truist Wealth, relies on a novel approach to manage familial dynasties.

Generation X set to overtake Boomers as Australia’s wealthiest generation, Millennials left behind

The great wealth transfer has finally hit Australia, with Baby Boomers set to lose their title as the country’s richest generation in a historic shift.

Bloomberg Billionaires Index

The Bloomberg Billionaires Index is a daily ranking of the world’s richest people.

Elon Musk: Giving Away Money is 'Very Difficult' If You 'Care About the Reality of Doing Good and Not the Perception of Doing Good'

This candid take highlights Musk’s focus on measurable impact over public approval and offers insight into his approach to philanthropy and social responsibility.

Hong Kong’s billionaire Cheng family seeks to sell China toll roads for $2.7b

CTF Services, formerly known as NWS Holdings, is in early-stage discussions with China’s state-owned Yuexiu Group.

Trump's Net Worth Rose $3.6 Billion This Year—Despite Wild Fluctuations In His Wealth

His net worth fell from $2.5 billion after his legal burdens weighed down his net worth between January and March.

What to give the billionaire who has everything? A trained butler

A school for modern butlers is bridging the gap between old money and new tech Buno Waterfield, Hertsberge

Billionaires in 2024: Political profits, luxury losses and a sporting rollercoaster

Which billionaires soared and who was floored during another busy year for the world’s very richest individuals?

With a Net Worth of $36.8 Billion, Phil Knight is Oregon’s Richest Individual

The ranking, which evaluates 400 billionaires and their families in the United States, places Knight among the top 100 wealthiest people worldwide.

Michael Jordan Sells His Massive Luxury Mansion For $9.5 Million – But It Took 12 Years To Find A Buyer And He Spent $50 Million Building It

After sitting unsold for over a decade, the property has finally found a buyer.

7 richest sports team owners: net worths, ranked

But, as it turns out, the real wealth in sport lies with the teams’ billionaire owners.

How rich people are making their money

Dr. Prashant Thakur, regional director & head, research, Anarock Group, highlights some USPs

How HSBC has become the trusted partner for multigenerational wealth management in Asia

They’re looking for a bank that can combine a whole range of skills, services and attributes, from advice on multigenerational wealth transfers and charitable giving to support in navigating global uncertainty and complex regulations.

Wealthy millennials shift focus to lifetime wealth transfer, Schwab survey finds

The findings highlight a generational divide in legacy planning among high-net-worth individuals (HNWIs) with more than $1 million in investable assets.

Private Banks Boost Hong Kong Hiring to Woo Rich Chinese Clients

For the city, it’s a welcome reprieve after years of political turmoil, rigid Covid restrictions, and an exodus of people.

Elon Musk's net worth tops $400 billion, a first for any person

Musk's wealth, which was last counted at $384 billion by the Bloomberg Billionaires Index, jumped after an insider share sale of SpaceX, the space exploration company that he founded.

Musk's $119 Billion Wealth Increase Outpaces Dell and Zuckerberg, But Guess Who's Catching Up

Big names like Larry Ellison, Jensen Huang and Mark Zuckerberg are also on the list.

Jeff Bezos: A Visionary Leader With a $226 Billion Net Worth.

He made his billions as the founder of Amazon.com and has held various roles, including former CEO and current president and chairman of the board.

Swiss Super-Rich Had a Good Year

This is an increase of 4.8 percent compared to the previous year.

L’Oréal heiress and Europe’s richest woman has lost more of her wealth than most other billionaires. But that isn’t stopping her from loading up on investments

Despite the carnage, Bettencourt Meyers hasn’t refrained from supporting French ventures through her family’s investment firm, Téthys Invest.

Extremely Wealthy