UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the
2023-11-30 16:25
Analysis-As Aussie magnates gatecrash lithium deals, bankers get creative
By Melanie Burton MELBOURNE Australian mining moguls who have gatecrashed the country's recent international lithium deals have pushed
2023-11-15 13:48
Billionaires pay almost no tax. A global levy of just 2% could raise $250 billion
Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday.
2023-10-23 18:58
Charles Feeney, retail entrepreneur who gave $8 billion to charity, dies at 92
Charles "Chuck" Feeney, a retail entrepreneur and investor who amassed a multibillion-dollar fortune and then gave it all away, has died. He was 92.
2023-10-10 06:58
China insurance boss sentenced in finance crackdown
Ex-China Life Insurance boss Wang Bin is the latest high-profile boss to be caught up in the crackdown.
2023-09-13 12:23
How the ultra-wealthy infiltrated anti-capitalist Burning Man
Burning Man, the desert confab that descended into chaos over the weekend, isn't quite the scrappy, free-spirited revelry that it once was.
2023-09-06 02:52
31 billionaires are worth more than the US Treasury has in cash
Cash levels at the US Treasury are tumbling toward a dangerously low level as Washington waits until the last minute to raise the debt ceiling.
2023-05-30 01:58