What extreme wealth means for power, responsibility and society  As global billionaire wealth surges far beyond the rest of society, Oxfam's latest report intensifies debates over inequality, political power and the responsibilities that come with extreme wealth

Lessons for UHNWs from the Brooklyn Beckham family dispute As the Beckham family feud dominates headlines, experts tell Spear’s how high-profile families should – and shouldn’t – manage disputes in public

“If you have ubiquitous AI and ubiquitous robotics, then you will have an explosion in the global economy,” Musk told the Davos crowd.

While the world's elite gather at Davos for the World Economic Forum, hundreds of their ultra-rich peers demand to be taxed.

Even among the wealthiest families, the issue of salary is a loaded topic, according to advisors to family offices.

Musk was confirmed as a last minute addition for a Thursday afternoon session, speaking to BlackRock Chief Executive Officer Larry Fink. An appearance from Musk, the CEO of Tesla Inc., SpaceX and xAI, marks a major shift in the relationship between the world’s richest man and the event that draws world leaders, billionaires and global media to the mountains of Switzerland every January. It comes on the tails of an appearance by his ally, US President Donald Trump, who spoke on Wednesday for well over an hour in a speech that covered everything from censorship to why the US should control Greenland.

Such collaboration effectively enables them to operate like a private bank at much lower cost, Ocorian research finds.

In 2013, they were convicted criminals facing 20 months in prison; today, they are the last independent titans standing with a combined $6 billion fortune. This is the definitive story of how Dolce & Gabbana survived a decade of cancellation and scandal to become fashion's most improbable survivors.

The Chicago Cubs traded Cody Bellinger to the New York Yankees in late 2024. Bellinger had signed an $80 million contract extension with the Cub

Many prominent tech CEOs who benefitted in the first year of Trump's presidency also contributed to his inauguration fund and White House ballroom

Updated Jan 20, 2026, 5:42 PM GMT Ray Dalio thinks that an era of global financial conflict could be approaching. The billionaire investor said he thinks Trump's policies could lead to "capital wars." "On the other side of trade deficits and trade wars, there are capital and capital wars," Dalio said. Ray Dalio thinks the world could be on the verge of "capital wars." The billionaire investor and Bridgewater Associates founder isn't shy about sounding the alarm on economic problems he sees

California's proposed "2026 Billionaire Tax Act" would impose a one-time tax on residents with a net worth of over $1 billion, with the proceeds to be used for health care, food, and education programs.

Although it was replaced last year as the country’s fastest-growing hub for millionaires, Austin remains home to many of the ultrawealthy — and its ranks of billionaire residents are likely to grow.

And which alternative assets to back in a crisis.

January 20, 2026, 6:00 PM ET Marc Benioff, chief executive officer of Salesforce Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Imagine it is 1996. You log on to your desktop computer (which took several minutes to start up), listening to the rhythmic screech and hiss of the modem connecting you to the World Wide Web. You navigate to a clunky message board—like AOL or Prodigy—to discuss your favorite hobbies, from Beanie Babies to the newest

World leaders are gathered in Davos, Switzerland, site of the World Economic Forum — which has turned into an emergency summit over President Trump’s threats to take over Greenland, a semiautonomous territory of Denmark.

OpenAI CEO Sam Altman fired back at Elon Musk on Tuesday after Musk posted on X warning people not to use ChatGPT, linking it to nine suicide deaths.

Updated Jan 21, 2026, 9:36 AM GMT Nelson Peltz, right, and Claudia Heffner Peltz, center, with three of their eight children in 2008. The pair have been married since 1985. Michael Loccisano/Getty Images Billionaire investor Nelson Peltz has 10 children, including eight with wife Claudia Heffner Peltz. His children have made their mark in business, acting, and fashion. While some of his children are more well-known, like his daughter Nicola, others are more private. Nelson Peltz is known for

Private markets may be having a moment, but public markets still play a central role in most investors’ portfolios. Jan 21, 2026 Billionaires are betting big on private markets in 2026. By prioritizing investments in private equity, hedge funds, and private credit, they’re leaning into risk even as high interest rates and market volatility loom. Private equity is the most favored asset class, according to data from the UBS Billionaire Survey 2025. Almost 50 percent of billionaires plan to

In San Jose, the city where I serve as mayor, two distinct American realities exist side by side.

If the proposed California Billionaire Tax Act qualifies for the November ballot and voters approve it, California residents worth more than $1 billion as of Dec. 31, 2025, would face a new 5% annual tax on their net worth.