Extremely Wealthy Archives - Page 4 of 79

Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaire

April 17, 2026

Pope Leo XIV sounded the alarm over the growing wealth inequality between CEOs and workers—and he singled out Elon Musk’s path to trillionaire status. In one of first formal interviews after being named pontiff last year, Pope Leo said soaring executive paychecks may be putting the world in “big trouble.” This came as a report […]

Extremely Wealthy

Asia’s 5 richest families own nearly $275B in wealth

April 16, 2026

The five wealthiest clans in Asia, including Hong Kong’s Kwoks and South Korea’s Lees, hold a combined fortune of US$274.9 billion in 2026. Most of these fortunes are in their third generation, except for Thailand’s Chearavanont family, which has already moved into its fourth generation, and China’s Zhang family, which remains in its second, […]

Extremely Wealthy

Korea’s 50 Richest 2026: AI Bonanza Lifts Tycoons’ Wealth To All-Time High; Samsung’s Jay Y. Lee Reclaims Top Spot

April 14, 2026

With demand for semiconductors skyrocketing thanks to the AI boom, South Korean manufacturers of products such as memory chips and chipmaking equipment are reaping a bonanza. The country’s stock market was the world’s top performer in the past 12 months, with the benchmark Kospi index more than doubling since fortunes were last measured nearly a […]

Extremely Wealthy

Lifestyles of the rich and famous: How the ultra-wealthy spend their fortunes

April 10, 2026

A Patek Philippe wristwatch sells for $17.6 million at auction. Beyoncé and Jay-Z close on a $200 million Malibu compound designed by a Pritzker Prize-winning architect. Ellen DeGeneres flips a Santa Barbara estate for a $26 million profit in under two years. These transactions happen in a parallel economy where the rules of normal […]

Extremely Wealthy

Billionaire candidate for California governor catching heat for past business interests, wealth

April 7, 2026

Billionaire hedge fund founder turned environmental warrior Tom Steyer, a leading Democratic candidate for California governor, is facing mounting questions about how he earned his wealth — notably investments in private prisons that are now being used to house undocumented immigrants facing deportation. Some of the most vicious political attacks come from his Democratic […]