06/19/2020
While gold prices have already risen 14% since the start of the year to $1,730 an ounce, many private bankers bet that gold - a hedge for both inflation and deflation - has further to run.
06/17/2020
“Cojuangco was a strong manager, but wasn’t rigid with his vision,” said Alex Pomento, who covered San Miguel and Cojuangco in the 25 years he was an equities analyst before joining SM Prime Holdings Inc. in 2014.
06/14/2020
Rich individuals are major players in Hong Kong's equity and real-estate markets as well as big buyers of Chinese corporate bonds issued in the city.
06/12/2020
The current pandemic has shown us just how vital it is to have access to the very best medical research and academic thinking,” the Reuben family said in the release.
06/08/2020
The owners of luxury cars, super yachts and mansions are not ready to let these unprecedented times make a dent in their accumulated riches.
06/07/2020
A wave of tycoon wealth is about to pass to the next generation
06/07/2020
Wealthy buyers are snapping up homes at a big discount in Covid-19 crisis after viewings via Zoom
06/05/2020
The news of the purchase was reported earlier by Baer Faxt, an art industry newsletter, which didn’t identify the painting or say how it obtained the information.
06/05/2020
The one-of-a-kind burger establishment includes plush leather sofas, digital menu boards, Eames chairs, laminate floors, and even table service - and it's now reopened with hundreds more branches
06/05/2020
The two hotels came to the limelight last week after the management announced it was firing all the employees, citing the effects of the Coronavirus pandemic.
06/05/2020
Tesla Chief Executive Elon Musk's net worth also rose $14.1 billion.
06/01/2020
The Hong Kong-listed company’s foray into Singapore’s high-end property market may have been unorthodox because of unfamiliarity with local norms
05/29/2020
As part of his contract, Tangen has agreed to forfeit control of his personal fortune, which is estimated at over $US860 million ($1.3 trillion).
05/29/2020
He said his bank had begun receiving inquiries from Chinese high net worth individuals (HNIs) about opening accounts outside Hong Kong.
05/28/2020
If I were a shareholder in Berkshire Hathaway, I would feel very comfortable knowing Buffett has over US$130 billion ready to go in these uncertain times.
05/28/2020
Mr Wang relied on deals and expansion to turn what started as a Groupon-type service into a food delivery giant that now also spans food reviews and in-store dining services.
05/27/2020
He is survived by 15 of the 17 children
05/26/2020
Is Europe becoming more American in its wealth creation as the US becomes more European?
05/26/2020
In Europe, inherited wealth still makes up the majority of billionaire wealth, while the growth in US billionaires has been driven by self-made wealth.
05/26/2020
James Dyson is one of only 3.9% of wealthy people who made in their fortune in construction or engineering, Wealth-X reports.