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Extremely Wealthy

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.

10/25/2020

Crispin Odey's hedge fund business considering rebrand that could see tycoon's name drop off some funds

The case has been adjourned for a two-day trial in February at Hendon magistrates' court.

10/23/2020

Lack of advice among millionaire investors' biggest mistakes

The top cited was a focus on historical returns (38%), followed by not having sought advice (35%) and the third was lack of diversification (21%).

10/22/2020

Michelin-starred chefs are leaving their jobs to become private chefs for the ultra-rich, where they can make upwards of $14,000 a month

Cooking regularly for a family is less stressful than working in a high-presure restaurant where you'd repeat same recipes every night, he said.

10/21/2020

Hedge Fund Billionaire Makes Splash for Sustainability in Singapore

The program is expected to kick off in 2021.

10/21/2020

China’s super rich got $1.5 trillion richer during pandemic

E-commerce and gaming provide growth opportunities as global lockdowns see reconfiguration of world economies spur

10/21/2020

Billionaire James Dyson Sells Singapore Penthouse

Dyson will also have to pay a Seller’s Stamp Duty of 8 percent of the sale price, or almost $5 million, for disposing the penthouse during its second year after purchase.

10/21/2020

Hedge Fund Billionaire Makes Splash for Sustainability in Singapore

The grant was issued by Dalio, co-Chairman and co-chief investment officer of Bridgewater Associates, through Dalio Philanthropies.

10/20/2020

Wealthy Rothschilds Family Buy Into Bitcoin

This purchase was more than likely done for one of their private clients with this being just one of the many private institutions owned by Rothschilds.

10/18/2020

Richest person in Europe's wealth rockets as luxury sales recharge

Leaving Arnault with a net worth of $77bn, down from $109bn in January 2020.

10/13/2020

First-class flights, chauffeurs and bribery: the secret life of a private tutor

Tutoring has become a weapon in the global arms race in education.

10/13/2020

Billionaire financier Leon Black paid $50m to Jeffrey Epstein

At least one of the payments was flagged as unusual by Deutsche Bank

10/11/2020

A significant number of wealthy South Africans have left the country

Conversely, countries that attract HNWIs tend to be very healthy and normally have low crime rates, good schools and good business opportunities.”

10/09/2020

Del Vecchio ready to back 'ambitious' Mediobanca plans

"I am ready to support the growth of the bank and to back plans that I hope will be ambitious," Del Vecchio said.

10/08/2020

Meet Ukraine’s Seven Billionaires: Richest People In Ukraine, 2020

The number two spot for Ukraine was occupied by another metallurgy magnate Victor Pinchuk, with a net worth of $1.5 billion.

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