The wealthiest people in the world may seem like some of the most unrelatable folk on the planet but in actuality, not all of the world’s billionaires were born.
More millionaires are ditching the UK for the UAE, according to a new report from Henley & Partners. CNBC speaks to Middle East Managing Partner Philippe Amarante for insights on what's driving the wealth migration.
With the largest voluntary transfer of private capital in modern history underway, here are the countries winning and losing the wealth migration game.
With Jeff Bezos and Lauren Sánchez now married, they're likely to have a complex prenup. Lawyers and wealth management experts outlined the prenup process for the superrich. Business control, property ownership, and trusts are just some of the questions prenups tackle.
Mark Cuban may have a net worth north of $5 billion, but when it came time to split the check with his dad, the math didn't matter. In a 2019 appearance on "The Dan Patrick Show," Cuban shared that his father, Norton Cuban, "did upholstery on cars and I don't think he ever made more than $40,000 in a year." Still, that never stopped him from grabbing the dinner bill—even after his son became one of the richest entrepreneurs in America. "He was dad," Cuban said plainly. "If we went out to dinner,
Zinger Key Points Bill Gates' philanthropic choices leave him billions short of the trillionaire mark. Despite massive donations, Bill and Melinda Gates maintain billionaire status. Bill Gates, co-founder of Microsoft, could have been the world’s first trillionaire if he had retained his original company stock. What Happened: The Forbes projection comes in light of Gates’ public commitment to donate nearly all of his remaining wealth and wind down the Gates Foundation by 2045. Gates, along with
Miami Dolphins billionaire owner Stephen Ross has closed in on a shock deal that would expand his sports portfolio beyond his beloved NFL franchise, with ties to his current holdings.
John Calamos told BI he's "pretty positive" about stocks and doesn't expect a recession. The billionaire investor said Trump's tariffs are causing uncertainty but could pay off long term. Calamos is 84 but has no plans to follow Warren Buffett in stepping down.
Manila Water is buying WawaJVCo—the developer and operator of the Wawa dam in Rizal province, about 30 kilometers east of Manila—Prime Infra, the key shareholder of both companies, said.
It’s wild, but true — a few rich men largely control the U.S. economy. Three billionaires have incredible sway over economic conditions, but for largely different reasons.
Leo Radvinsky is asking as much as $8 billion for the platform he popularized for sex workers and others producing explicit content, even as he personally avoids the spotlight
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.
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