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Extremely Wealthy

02/01/2019

Mark Zuckerberg Vaults to No. 5 in the Ranking of World’s Richest

The S&P 500 Index surged 7.9 percent for the month, its best in more than three years.

02/01/2019

Fewer Billionaires, Poorer Billionaires On African Continent In 2019

The average net worth for each list member this year has climbed to $3.4 billion from $3.3 billion in early 2018.

02/01/2019

The 13 tech billionaires who donate the biggest percentage of their wealth to charity

There's only one billionaire who currently donates more than half of his wealth to charity: businessman Warren Buffett, the third richest man in the world.

02/01/2019

The ultra-rich are investing differently in 2019 — and it includes cannabis

They are increasing their cash holdings and reducing their equity exposure.

01/30/2019

Asia’s ultra-rich get ready to pass on more than $125b of wealth to heirs

About a fifth of the 500 people on the Bloomberg Billionaires Index are at least 80 years old, and 21 are nonagenarians, including eight from Asia with a combined net worth of $125 billion.

01/28/2019

Four Wives, 17 Kids and Wrangling for Control of a Casino Empire

The alliance gives her the upper hand over Angela Leong, the fourth wife of 97-year-old Ho, and her main rival in the battle for control of Macau’s original gaming company.

01/27/2019

Indonesia Palm Oil Tycoon Who Built $9 Billion Empire Dies

The founder of Sinar Mas was Indonesia’s fourth-richest person with a net worth of $9.3 billion, according to the Bloomberg Billionaires Index.

01/25/2019

Birmingham Post Rich List 2019 - see the top 50 wealthiest people

The region's 50 most wealthy billionaires and mulit millionaires are collectively £9 billion better off this year - see who is on the list, published in association with Quilter Cheviot

01/25/2019

Real Madrid regains top spot in world football rich list

There were a record six English Premier League clubs in the top 10.

01/24/2019

Nearly 1,500 private jets to land at climate change-focused Davos summit

“We have had bookings from as far as our operations in Hong Kong, India and the US,” Andy Christie, private jets director at ACS, said in a statement. “No other event has the same global appeal.”

01/23/2019

Study of millionaries shows the six 'wealth factors' to get rich

To identify characteristics most predictive of net worth, Stanley Fallaw conducted two studies

01/23/2019

Britain Has a New Wealthiest Man After Dyson's Big Year

The results added about $3 billion to his wealth, according to the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people.

01/23/2019

Rich Russians and Tax Havens: The Moscow Times Sits Down With Oliver Bullough

Oliver Bullough is a journalist and the author of the acclaimed book ‘Moneyland’.

01/18/2019

Top 10 richest men in Africa in 2018 by Forbes

Many black people are some of the richest in Africa and the whole world.

01/17/2019

Jeff Bezos Divorce: Lessons for Private Bankers

Divorce is almost always excruciating, even more in the limelight the power couple operates in.

01/17/2019

John Bogle, founder of Vanguard and 'father of index investing,' dies at 89

Often dubbed the "father of index investing,"

01/17/2019

4 Chinese Tycoons Transfer $17B to Trusts as Taxes Loom

All of the four Hong Kong-listed companies but Sunac cited succession planning as the purpose of the transfers.

01/17/2019

German Bank of Qatar’s Al-Thani Family Working on Takeovers

The company is a subsidiary of Luxembourg-based banking group KBL European Private Bankers SA

01/16/2019

Four Chinese tycoons just transferred US$17 billion of their wealth to trusts as government toughens up tax regime

Sunac’s founder Sun Hongbin, Longfor’s Chairwoman Wu Yajun, and the magnates of Dali Foods and Zhou Hei Ya all transferred their wealth to trusts

01/16/2019

Raymond G. Perelman, master investor and philanthropist, dies at 101

He also became one of the Philadelphia region’s greatest philanthropists, leaving his mark at Penn and beyond.

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