(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...
Tag: Ultrarich
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...
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...
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 ...