In the high-stakes world of global technology, U.S. sanctions intended to curb China’s AI ambitions have instead fueled an extraordinary rags-to-riches story.

Patriotic Millionaires UK have stopped off in Wales as they travel across Britain in a custom bus with a clear message: “Tax us, the super-rich.”

New York City Mayor-elect Zohran Mamdani’s first big proposal is a bold plan to raise taxes on the city's highest earners by pushing for a two-percentage-point tax increase on income above $1 million. His incoming administration says this tax move could raise billions a year. He then plans to redirect that revenue into programs the city has struggled to fund for years, including free bus service and major affordable housing initiatives. That projection wouldn't pan out, of course, if

The Asian century will not be written by governments alone but by family offices that can turn opportunity into enduring prosperity.

Author Chantel Chapman sought help with problematic financial behaviours. She ended up creating a solution herself

The long view remains a core principle, even as accelerated change and volatility demand strategic agility, they say

Plus, Canada’s commercial real estate market remains relatively stable amid the uncertainty

Many wealthy families in Asia, the Middle East and Europe are exploring Hong Kong as a platform to tap growing investment opportunities in electric vehicles (EVs), artificial intelligence, biotech and even property in mainland China, according to a Swiss…

Insights from a recent study, highlights how succession, integration, AI readiness and operational complexity are shaping the sector.

Jeff Bezos' father hired a CEO to run his fortune — a move now common among the ultra-rich. Half of family offices now have non-family CEOs running their private wealth, according to JPMorgan. The world's richest families are poaching Wall Street bankers to manage their growing fortunes.

Following her 2019 divorce from Amazon CEO Jeff Bezos, MacKenzie Scott has donated billions to more than 2,000 organizations

Elon Musk and Billie Eilish are officially at war -- at least online -- after the billionaire clapped back at the singer on the heels of her calling him a "f***ing pathetic p***y b**** coward."

Invalid date EDT Elon Musk is apparently still not over the fact that Bill Gates bet against Tesla, even as his multimillion-dollar short has ballooned into a $1.5 billion loss. Recommended Video ●●●● The Tesla CEO, on a victory lap after shareholders approved his massive $1 trillion pay package, demonstrated his feud with Gates is alive and well—years after it started. “If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon,”

A roaring chip comeback just lost a major believer.

He's promised to give most of it away — we're just here to help him plan. 👀

November 18, 2025 at 10:52 AM EDT Do you think getting an MBA is worth it? Getty Images Going to a two-year, in-person MBA program has long been a rite of passage for young professionals in finance, tech, and consulting. It’s a time to learn, develop ideas—and most of all, to network. But one tech billionaire says nothing compares to just jumping right into entrepreneurship, and getting an MBA isn’t really all it’s cracked up to be. When asked by podcaster Codie Sanchez if people should get an

Invalid date EDT Billionaire Mark Cuban has advice for his two children who are job hunting: Prioritize small companies, not large corporations. Recommended Video ●●●● Not only could the advice be useful to his children, it could help those facing the entry-level job market in the age of AI. The reason why he says small companies are better: Your skills are more essential. At large corporations, AI skills can end up feeling “somewhat extraneous,” the former Dallas Mavericks owner and investor

Trump supporter Peter Thiel’s sale of shares fuels fears of bubble

Plus: The audience at a Silicon Valley AI conference bets against Perplexity.

The number of affluent Hong Kong residents has risen slightly, as a stock market boom partly offset the impact of the gradually recovering property sector, according to a Citibank Hong Kong study. The population with total net assets of at least HK$10…

In the 1960s, a libertarian financial consultant came up with a plan to allow the wealthy to live beyond the reach of any one government. Harry Schultz, who said he charged his clients $2,000 an hour, advised them to secure a second passport, an address in a tax haven and to keep their assets offshore. This became known as the “three flags theory” — the idea of planting financial and personal “flags” in jurisdictions with the most favourable tax and regulatory systems. By the 1990s the idea had

Private equity-backed merger creates scale as Matter and IWP combine operations across three cities to serve 140 wealthy families with expanded resources

Investment firms for the ultra-wealthy diverged over their stance on Oracle during a period when the software giant’s stock briefly made Larry Ellison the richest person in the world.

After a major liquidity event, building a family office may seem urgent, but experts warn against rushing into investment decisions. The first phase should focus on governance and operations rather than portfolio strategy.