Extremely Wealthy Archives - Page 67 of 81

Number of ultra-wealthy individuals jumps in China

March 1, 2021

The number of UHNWI [ultra high net worth individuals] in China has grown by 137 per cent in the past five years and is expected to grow by 46 per cent in the next five years.

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Art prices drop as rich favour wine

March 1, 2021

The art market did not fare quite so well, dropping 11 percent in 2020.

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Hong Kong’s Richest Joins Blank-Cheque Boo

February 26, 2021

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.

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Here’s How Much Wealth You Need to Join the Richest 1% Globally

February 24, 2021

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.

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Billionaire Naguib Sawiris Joins Egypt’s Gold Rush

February 21, 2021

The deals, which will see AKH Gold invest about $4.1 million to search for gold in nine sectors in the Eastern Desert.

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Russian Billionaire Vladimir Potanin Breaks Wealth Record

February 18, 2021

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.

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Why is billionaire Bernard Arnault about to get richer?

February 18, 2021

Tikehau Capital and Arnault’s Financière Agache holding company will be strategic and financial sponsors.

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Bumble Co-Founder Whitney Wolfe Herd Becomes World’s Youngest Female Self-Made Billionaire

February 15, 2021

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.

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Pinterest CEO’s Wealth Tops $5 Billion on Microsoft News Report

February 12, 2021

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.

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America’s billionaire philanthropists gave away more during the pandemic. But there’s a catch.

February 11, 2021

We need more transparency in the world of charity.

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US billionaires vie to make space the next business frontier

February 7, 2021

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.

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British billionaires: Who is the richest people in the United Kingdom?

February 5, 2021

Michael Platt is the fifth-richest person in the United Kingdom, with $8 billion.

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