12/12/2023
Abu Dhabi emerges as new haven for the ultra-wealthy
An SPV, also called a special purpose entity (SPE), is a subsidiary created by a parent company with the purpose of isolate financial risk.
Extremely Wealthy
12/11/2023
MacKenzie Scott Has Donated $2.2 Billion To Charity This Year
Scott’s donations, famous for being largely unrestricted and unsolicited, went to 360 nonprofits across at least 35 states as well as countries including Kenya, India and Brazil.
12/08/2023
World’s Richest Families 2023
From the house of Hermès to Gulf royals, the wealth of global dynasties soared 43% in the last year.
12/07/2023
‘Crazy rich’ Chinese making headaches for Singapore
Singapore is a big beneficiary of China’s rising capital flight but not all of the footloose funds are desirable or clean
11/30/2023
New billionaire heirs overtake self-made ones as $5.2 trillion wealth transfer begins
UBS, which counts half the world’s billionaires as clients, found that $150.8 billion was inherited by 53 heirs over the 12 months to April
11/27/2023
16 Richest Hedge Fund Managers in the World
In such an environment, hedge fund managers still managed to amass billions of dollars in personal earnings.
11/10/2023
The Key To Attracting And Serving Ultra-Wealthy Clients
To accomplish that, you first need a clear understanding of this market segment’s preferences and demands.
11/09/2023
Richest Billionaires in Technology Industry (November 08, 2023)
Larry Ellison follows in second place with $137.9 billion, while Bill Gates ranks third with $113.9 billion, and Mark Zuckerberg comes in fourth with $113.0 billion.
11/09/2023
Bill Gates' Former Assistant Is Now One Of The Richest People In The World
Gates has donated a substantial part of his fortune to charity since leaving Microsoft.
11/03/2023
Taxes become the main concern of rich families
Concerns about the world situation, the young team and the future obviously concern them just as much as the remaining 99 percent of humanity.
10/27/2023
Billionaire Duo In Switzerland Turns to Ex-Bundesbank Chief for Advice
Both are among the wealthiest Germans and will work with the former Bundesbank president in the future
10/25/2023
European billionaire’s family office buys $50 million penthouse in Dubai’s One Canal
The penthouse provides panoramic views of iconic landmarks in Dubai
10/23/2023
Billionaire Ambitions: Westbrook's Wealth Skyrockets by $175M Post-Interview
In collaboration with the Jordan brand, Westbrook has launched a sports and lifestyle line, but his entrepreneurial prowess doesn’t end there.
10/20/2023
Billionaires are driving South Florida home prices to new records
The average price per square foot of homes sold in Palm Beach reached $4,554, — more than 2.5 times more expensive than Manhattan.
10/20/2023
Billionaires are driving up home price in South Florida
Millionaires and billionaires are flocking to the Florida coast to escape high-tax and Democrat-run states of California and New York.
10/17/2023
Billionaire Arnault Loses Spot as World’s Second-Richest Person to Bezos
Arnault is now worth $155.1 billion, just below Bezos’s $156.3 billion, according to the Bloomberg Billionaires Index.
10/16/2023
New Class of Global Elites Emerges with Investable Assets of More Than $100 Million
Thirty-eight percent of centi-millionaires live in the U.S., with 775 based in New York City.
10/10/2023
How Four Aging Billionaires Are Making Sure Their Money Doesn’t Go To Uncle Sam
Forbes 400 members Phil Knight, Charles Koch, Barry Diller and Harold Hamm give a master class in how to make sure your money goes to charity and children.
10/09/2023
Why this generation of billionaire tech barons is a danger to the planet
Billionaire Technocrats are at the heart of a disturbing movement against truth, democracy and nature
10/04/2023
9 ultra-rich celebrities who aren’t leaving fortunes to their kids
The Rolling Stones frontman Mick Jagger recently hinted that he’s planning to give his US$500 million to charity – rather than distribute it between his 8 kids