Managers of Wealth

9 millionaires and billionaires with the most bizarre spending habits

From Nicolas Cage's pair of albino cobras to Paris Hilton's dog mansion, these superrich people have some seriously quirky spending habits.

The rich rush to buy foreign citizenships

Over the years, investment migration, which is based on wealth, has become a multibillion-dollar industry.

Elon Musk gains US$8 billion to become world's 4th richest person

Tesla shares are up 339 per cent this year, fueled by growing anticipation that the company will be included in the S&P 500 Index.

Super Rich Barter Yachts, Mansions And Caviar To Endure The Pandemic

Even before Covid disrupted the lives of the rich and powerful, high-end bartering was already commonplace.

Russian billionaire Oleg Tinkov trapped after jetset lifestyle hits turbulence

Mr Tinkov, who is also owner of the expedition superyacht La Datcha, is now on bail of £20 million and barred from venturing outside the M25 pending an appearance before Westminster magistrates next month.

Hong Kong’s Wealthy Investors Stay Put With Crisis Plans Ready

That view has been reinforced by signs of tacit support from Beijing, including record purchases of Hong Kong stocks by Chinese funds and a spate of high-profile listings by the nation’s technology giants.

Hong Kong’s Wealthy Investors Stay Put With Crisis Plans Ready

A much-feared exodus hasn’t materialized, wealth managers say

Saudi billionaire buys famous Onassis family London home for £18.6m

The grand home is 465.24 sqm and features an impressive entrance hall, five bedrooms, four en-suite bathrooms, floor-to-ceiling windows, a library, a bar, a family kitchen and three adjacent reception rooms.

Italy’s Richest Family Builds $3 Billion Side Bet to Candy Giant

Assets of Giovanni Ferrero’s investment firm rose 40% in 2019

Take a Glance at Elon Musk's Stunning Car Collection, From Classic to Ultra-Modern Vehicles

In 2003, he co-founded Tesla Motors, which would create "faster and more fun" electric cars than gasoline vehicles. Tesla has already produced car models that enticed car buyers to switch to electric vehicles.

Wealthy, middle-class Americans buy bunkers during COVID-19

Vivos' sales are up 400% year-over-year

Pandemic has not stopped world's richest families from growing wealth

The family's unprecedented fortune is almost US$100 billion more than the Mars candy clan in second place.

LeBron James Is a Hall-of-Fame Watch Collector, Too

LeBron is back, so we're taking a deep dive into his watch collection.

Newcastle owner Mike Ashley banks £17m from takeover saga despite Saudi’s proposed £300m deal collapsing

The takeover has been dogged by trouble from the outset.

Jeff Bezos, Mark Zuckerberg and Elon Musk have made $115 billion this year

The world's richest people are growing even richer, even faster, as the pandemic upends the global economy

Gold Mining Trio Gets $3 Billion Richer Riding Bullion’s Surge

Goldman Sachs Group Inc., Citigroup Inc. and Bank of America Corp., among others, say the rally could go even further as interest rates fall with the U.S. dollar.

Billionaires: Jack Ma’s Ant Group plans dual listings in Hong Kong and Shanghai

In our fortnightly round-up, one of China's richest men avoids a New York listing and Mukesh Ambani seeks global investors for his retail business

Wealthy buyers snap up ‘safe haven’ private islands as they flee pandemic

Trayor Lesnock, founder of Platinum Luxury Auctions, which is conducting the online sale of Mai Island on Saturday, said the pandemic had led people to reassess their lives and pursue the things they had fantasised about but always held off from doing.

Elon Musk’s SpaceX in Talks to Raise Funds at $44 Billion Valuation

SpaceX is looking to raise about $1 billion at $270 a share

Ambani Is World’s Fifth-Richest Person With $77 Billion Fortune

The jump in ranking is just the latest milestone for Ambani, 63, whose fortune has surged by $18.8 billion since the beginning of the year.

Extremely Wealthy