Managers of Wealth

Ritz sale inflames Barclay twins row

The deal came on the day the hotel closed its doors for the first time ever since it first opened, after London went into lockdown as a result of the covid-19 pandemic.

Billionaire Branson Dips Deep To Save ‘Incredible Employees’ With $250 Million Joint Package To Fight Coronavirus Shock

The move comes after Branson and his airline Virgin Atlantic were criticized last week for their response to the pandemic in announcing that staff had been asked to take eight weeks unpaid leave.

Hedge fund tycoon makes £115million from this month’s coronavirus stock market crash

‘The stock market has to rally because a recession has now been priced in,’ he said. ‘I’m buying some shares now. It’s a good time to be stock-picking.’

Hotelier grandson of Asia's sugar king turns venture capitalist

The expansion into venture capital signifies an important step for the storied business empire.

China and HK wealthy flee coronavirus in west by private jet

Territory’s airport near capacity for chartered aircraft as outbreak grips Europe and US

Ultra-Rich Families Poised for Spending Splurge After Stock Rout

More than a third of family offices boosted their cash reserves last year as they bet on a global recession in 2020.

Coronavirus: New Zealand a safe haven for super wealthy arriving in private jets

New Zealand has so far escaped the community transmission which triggered skyrocketing numbers of sick in other countries, such as Italy and Iran.

Top 5 richest people you don’t know

While we do have some millionaires with highly questionable sources of wealth coming up, Maria Fissolo’s $24.6 billion in net worth comes from… Kinder Eggs, among other things.

Spanish king named on offshore fund linked to €65m Saudi 'gift'

Revelations threaten to tarnish king's image six years after he took over from his scandal-hit father

Private-jet companies in Europe swamped with calls to fly CEOs, sports stars and entertainers to the U.S. after Trump’s travel-ban announcement

‘One client is flying his daughter home to the U.S. from university in France, and several of her fellow students are sharing the flight back with her,’ said Adam Twidell, CEO of PrivateFly

Africa’s Richest Man to Add Oil to Expanding Business Empire

Expects to start producing about 20, 000 barrels a day by July

Rich People Are Buying 'Survival Condos' in Abandoned Nuclear Missile Silos

While regular people stock up on water and canned goods amid Coronavirus worries, members of the 1 percent are preparing more expensive backup plans.

Heirs of the UHNW can profit even when markets plunge

The richer you are, the more options you have to insulate yourself from the virus and its effects.

The Ten Wealthiest Greeks in Greece

Viohalco has heavily invested in Romania, Bulgaria, and the UK and achieved a major deal in steel manufacturing with a US-based company.

A brief walk into the lives of the 5 richest kings in Africa

See the worth of the wealthiest kings in Africa and their sources of income.

Africa’s richest man is still searching for a wife

Dangote is too busy to focus on choosing a new wife, according to him signaling that “right now, things are really, really very busy, because we have the refinery, we have the petrochemicals, we have the fertiliser, we have the gas pipeline.”

French billionaire owner of Moet and Louis Vuitton goes cold on bid for The Ritz

Sir Frederick’s three nephews Aidan, Howard and Alistair – who own the remaining 75 per cent – hope to seal a deal for between £700million and £800million by the summer.

Tracey Reddings: big banks have lost the human touch

At her new firm, Reddings Wealth Management, she has noticed significant demand for her services from female clients.

Billionaire LNG Chief Eyes Hydrogen for Net-Zero Emissions Goal

New Fortress Energy targets hydrogen pilot in next 12 months

World’s Richest Lose $444 Billion After Hellish Week for Markets

The drubbing more than erased the $78 billion in gains that the 500 wealthiest people had amassed since the start of the year through last week.

Extremely Wealthy