Managers of Wealth

Michael Flynn Net Worth: 5 Fast Facts You Need to Know

It’s also a certainty that Flynn’s legal battles have depleted his family’s resources

UBS says Asia's wealthy trade less, cut debt as politics shift

As geopolitical jitters and trade tensions have put pressure on its main business, Switzerland’s biggest bank, which is also the world’s largest wealth manager, is turning to ultra-rich Americans for growth.

British businessman pays £2million for private paradise in the Bahamas

Simon Woodroffe, founder of restaurant chain Yo! Sushi has bought an island

How Ronnie Chan And Ruth Shapiro Are Promoting Excellence In Asian Philanthropy

There are a lot of businesses in Asia that have been rising and successful, yet there are very few organisations that are pan-Asian for business leaders to come together.

Global super-rich bought 153 homes for at least £20m each in past year

Highest number of sales in Hong Kong as London’s ultra-prime housing market slips amid Brexit concerns

How Madoff's Multi-Billion Fraud Changed the Hedge Fund Industry

The impact of that has been staggering: Investors have pulled their money from funds of funds for 10 straight years.

The 25 richest families in the world, ranked

Bloomberg determined its ranking based on net worth figures from June 15, 2018.

Rich retirees are paying over $1 million to move into luxury communities

Included in the cost is continental breakfast as well as 21 flexible meals, plus weekly housekeeping and wellness and fitness programs

Are super-yachts the best places to keep your art collection?

From conservation and insurance to customs and tax issues, the complications of keeping art on boats

South Africa’s richest man reveals how he built his wealth

When asked about how his family’s empire was built up, Rupert said: “Obviously there needs to be an opportunity in the market. It’s not good trying to do something for which there is no market.”

Belgian Billionaire Investor, Dies at 92

Held stakes in companies ranging from Total to Pernod Ricard

Hong Kong tycoon Walter Kwok's sons inherit US$3.1b stake in developer.

The filings don't disclose the exact shareholding of each son.

The ultimate high-fliers: The ultra-wealthy planning to be the first tourists in space

Space tourism, likely to be enjoyed initially only by the extremely wealthy, is getting closer

These are the top hobbies that SA's wealthy people get up to

South Africa is home to some of the biggest golf courses in the world such as Fancourt Links, the Gary Player CC at Sun City and Leopard Creek.

Yacht Owner Made $8 Million With Trader in UBS Insider Case

Walid Choucair completes three days of testimony in court

Kylie Jenner adds a spanking new red Lamborghini to her growing luxury car collection

The 'Keeping Up With The Kardashians' star has been on a shopping spree, and this time she has bought the King of the Roads.

Billionaires Leveraging Up in Case of Downturn, Banker Says

Steiner has expanded Abbot Downing into a $43 billion business since the brand started in 2012, and lending has increased by 5 percent in the past year, according to a spokeswoman.

Millionaire Ordered To Knock Down 'Britain's Best Man Cave' Told To Pay £30,000 To Council

The 66-year-old spent four years battling with authorities over the private leisure complex, which contains a bowling alley, cinema, casino and a gym - and pictures from Google Earth show it looking like a massive factory.

Britain's billionaires now billions poorer

The 16-strong British contingent in Bloomberg’s Richest 500 list have collectively seen an estimated £6.2bn wiped from their wealth as the UK property market and stocks around the world tumble.

Named the Most Extravagant Wishes of Wealthy Tourists

Among the extravagant wishes of wealthy tourists also: the presence of the portrait painter, who at any moment will be able to capture on canvas one of the episodes of the rest

Extremely Wealthy