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Extremely Wealthy

12/22/2019

A ‘Great Wealth Transfer’ is coming. What will it mean for art?

With the global wealthy population at an all-time high, the next 10 years will see the biggest-ever wealth transfer in modern history.

12/20/2019

UK's richest woman gets over $570m pay from betting empire

The company posted record revenue of more than £3 billion and increased operating profit by 15 per cent to £758.3 million for the year ended March 31.

12/20/2019

Here's What Billionaires Actually Give Each Other As Gifts

The fashionable 1 percent isn't interested in luxury goods, but they are really afraid of death.

12/19/2019

Elton John steps off a private jet in Brisbane wearing a sparkling purple tracksuit and $2,000 Gucci trainers ...as an assistant blocks out the scorching sun with a big umbrella

Elton John made a fashionable arrival in Brisbane on Wednesday afternoon.

12/19/2019

Bitcoin History Part 22: The New Wealthy Elite

Opinion was divided, but looking back, that anonymous poster’s prediction was prescient.

12/17/2019

Bernard Arnault briefly topples Jeff Bezos as world’s richest man

Bezos, Amazon’s chief executive, quickly reclaimed the crown later the same morning when Arnault’s net worth slipped to $109.3 billion and Bezos’ rose to $110 billion amid a modest uptick in Amazon shares.

12/16/2019

Tamara Ecclestone's mansion raided as thieves snatch '£50million of jewellery'

The heiress, the daughter of F1 billionaire Bernie, has been left "shaken" after her 57-room Kensington home was broken into by three thieves who accessed her safe on Friday

12/15/2019

If the rich are getting richer, then where are they hiding it?

Following a steep rise in inheritance tax, Britain’s wealthiest families suddenly professed to be a lot poorer

12/13/2019

One from Africa; 100 Most Influential Female leaders from across the Globe for 2019

There were 13 billionaires listed on the 100 Most Powerful Women list for 2019, who have a combined net worth of $86.7 billion.

12/10/2019

Hong Kong Families Gravitate to Singapore

Continued chaos in the city has thrown Hong Kong’s suitability as a wealth management hub into doubt

12/09/2019

What LVMH Knows That American Luxury Brands Still Haven’t Learned: Outlets Are Anathema For Luxury Brands

In any given year in fact, only 15% of our business comes from the new; the rest comes from traditional, proven products – the classics.”

12/09/2019

Billionaire Eli Broad Pledges $100 Million To Yale’s Business School

Those outside our community may be surprised to see a business school dedicate a major program to public education, but this is exactly the type of issue our school has always cared about–one where leadership informed by systemic thinking, rigorous

12/06/2019

Chile’s Nine Richest People Worth A Combined $28.4 billion

Julio Ponce Lerou, is the third richest person in the country; his net worth stands at $2.3 billion

12/06/2019

Billionaires are not needed

They are empowered by their wealth influencing politics.

12/06/2019

Family of Russian billionaire killed in a mysterious Surrey car crash urge witnesses to come forward

Dmitry Obretetsky was knocked down while walking his dog and later died

12/04/2019

Hans Sy, Angel Locsin land in Forbes list of philanthropists

The closely followed scribe of the world’s movers and shakers honored 30 individuals

12/03/2019

Jack Ma Outlines Bold Vision For His Philanthropy Foundation

Now, having just turned 55, Ma is entering a new chapter in his career—but one in which he already has considerable experience.

12/02/2019

The World’s Richest Families And How Much They’re Worth

Of the twenty-five wealthiest families in the world, the United States is home to the largest number of the richest clans – nine families, followed by France and Germany, with two families each.

12/02/2019

The Billionaire Hedge Fund Manager With Quantum Ambitions

In an age of quantitative investing, where billions of dollars are run by black-box algorithms making split-second trades, Hintze’s approach seems almost old-fashioned.

12/02/2019

Billionaire Group Pledges as Much as Needed to Save Schmolz

The steelmaker’s shares have plunged 60% this year amid slumping demand from carmakers, and the Lucerne-based company badly needs new money to fend off a potential insolvency.

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