Art prices drop as rich favour wine
The art market did not fare quite so well, dropping 11 percent in 2020.
Extremely Wealthy
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Hong Kong’s Richest Joins Blank-Cheque Boo
Although Asia has been a limited contributor thus far, Goldman Sachs estimates that it and other non-U.S. markets are set to raise $300 billion of M&A capital from such vehicles in the coming two years.
Here’s How Much Wealth You Need to Join the Richest 1% Globally
It takes $8 million in Monaco, but about half that amount in the U.S. and Switzerland. Singapore too has a high threshold, a new report shows.
Billionaire Naguib Sawiris Joins Egypt’s Gold Rush
The deals, which will see AKH Gold invest about $4.1 million to search for gold in nine sectors in the Eastern Desert.
Russian Billionaire Vladimir Potanin Breaks Wealth Record
More than 20,000 tonnes of diesel leaked into lakes and rivers in the Russian Arctic after a fuel reservoir collapsed at a power plant owned by the company.
Why is billionaire Bernard Arnault about to get richer?
Tikehau Capital and Arnault’s Financière Agache holding company will be strategic and financial sponsors.
Bumble Co-Founder Whitney Wolfe Herd Becomes World’s Youngest Female Self-Made Billionaire
Following the much-touted IPO of dating app Bumble, its CEO and co-founder Whitney Wolfe Herd ended the day as a billionaire with a net worth of $1.5 billion.
Pinterest CEO’s Wealth Tops $5 Billion on Microsoft News Report
With a market cap of $53.7 billion, Pinterest would be Microsoft’s largest acquisition ever -- more than double the $26.2 billion it paid in 2016 for LinkedIn Corp.
America’s billionaire philanthropists gave away more during the pandemic. But there’s a catch.
We need more transparency in the world of charity.
US billionaires vie to make space the next business frontier
Bezos will be dedicating more time to a space race between entrepreneur rivals that hopes to push the frontiers of society – and commerce – beyond planet Earth.
British billionaires: Who is the richest people in the United Kingdom?
Michael Platt is the fifth-richest person in the United Kingdom, with $8 billion.
Just how long will Elon Musk’s Twitter hiatus actually last?
In recent weeks, Musk has changed his profile to simply “#bitcoin” and commented on the rally in GameStop, jokingly calling it “GameStonk.”