Swiss tycoon’s alts firm plans to raise CHF 1bn – reports
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Extremely Wealthy
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China’s wealthy activate escape plans as Xi Jinping extends rule
Rich citizens fearing high taxes and personal safety move capital out of country and arrange residences overseas
Wealthy hunt for value in turbulent markets
Caution is widespread but bold investors see opportunities in tech, green businesses and impact funding
US has highest number of 'super wealthy' worth $100m or more
Asia expected to record a 57% rise in number of centimillionaires over next decade, according to Henley & Partners
Wealthy buyers turn cautious on luxury home loans
Rising interest rates and economic turmoil have led to a climate of uncertainty, even for the super-rich
Wealthy Chinese nationals snap up luxury homes in Singapore despite tax hikes
Singapore's property prices have also tended to accelerate gradually, with few booms and wild busts seen in other popular markets.
Wealthy buyers turn to cheaper London homes as sterling shrinks
While demand in the prime market lifted by 0.2 per cent in the latest quarter, representing a 2.4 per cent jump on an annual basis.
Ray Dalio Cedes Control of 47-Year Old Hedge Fund
Dalio has no plans to sell his minority stake in Bridgewater but he will retain his seat on the board and take on the new role of CIO mentor.
John Caudwell: Billionaires shouldn’t ‘cling on’ to their riches
The entrepreneur and philanthropist also implored more UHNWs and HNWs to ensure they were meeting their tax responsibilities – admitting that he regretted using tax avoidance schemes earlier in his life.
RANKED: The Richest Billionaire in Each U.S. State in 2022
The United States is home to over a quarter of the world’s billionaires, representing about 748 of the roughly 2,668 billionaires worldwide.
The rich will keep getting richer even in the face of a recession, especially in China, Credit Suisse says
The number of Chinese millionaires is set to grow from 6.2 million in 2021 to 12.2 million by 2026, the report said, a nearly 97% increase.
These are the 10 wealthiest cities in the world — and five are in the U.S.
The total private wealth held by New York residents was found to exceed $3 trillion.