Singapore Hikes Permanent Residence Threshold for Ultra-Rich

(Bloomberg) — Singapore is increasing the threshold for global investors seeking permanent-resident status in an attempt to create more jobs and benefit locals due to an influx of wealth. Most R...

This ultrarich New York family lost billions on Enron, Bernie Madoff, and now FTX — here are 3 simple tricks to avoid getting scammed yourself

Like a man struck by lightning three times, billionaire oil baron Robert Belfer has the dubious distinction of falling prey to Enron’s corruption, Bernie Madoff’s Ponzi scheme and the implosion of cry...

These overlooked ‘passion assets’ have crushed major markets in recent months. Only the ultrarich had access to them — but not anymore

Rip through the velvet rope: These overlooked ‘passion assets’ have crushed major markets in recent months. Only the ultrarich had access to them — but not anymore The uncertainty in the e...

Over 200 millionaires urge Davos elite to up taxes on the ultra-rich

Over 200 millionaires are urging the elite echelons in attendance at this week’s World Economic Forum in Davos to “tackle extreme wealth” and “tax the ultra-rich” to help...

From fly fishing to cycling — the popular pastimes of the ultra-rich

For the ultra-rich, fly fishing is one of the most popular ways to spend time, a new report says. GROGL via Getty Images Spending time on yachts, golf courses and the slopes of exclusive ski resorts m...

Ultra-Rich Young Americans Are Investing In Stocks Half As Much As Older People With Similar Wealth, Survey Finds

Topline Younger rich Americans are far more likely to shun traditional investments in favor of ones they view as more likely to bring higher returns than their older peers, according to a Bank of Amer...

Opinion: This plan to tax the ultrarich is much simpler and better than Biden’s idea

President Joe Biden and Senate Finance Committee Chair Ron Wyden (D-OR) have proposed different ways to tax unrealized capital gains every year. Their shared goal is understandable, with trillions of ...

Biden discusses proposed tax on ultra-rich and defense spending in 2023 budget

[The stream is slated to start at 2:45 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is scheduled to unveil his 2023 federal budget on Monday aft...

Bitcoin, Ethereum and here’s what else are the top picks of the ultra-rich

The crypto-market has shed almost a trillion dollars in cumulative market cap amid its recent weakness. Meanwhile, Bitcoin remains down by almost 45% in value since its record high in November 2021. 1...