The tech industry witnessed a dramatic shift as the wealth of several top tech billionaires plummeted due to fears over the AI bubble and fluctuating valuations. Larry Ellison, co-founder of Oracle, experienced a staggering $59.2 billion loss in his net worth since the beginning of the year, with $19 billion of that occurring just this week. The selloff was exacerbated by developments such as Anthropic’s new legal AI tool, which caused a nearly 4% drop in the S&P 500 software and services index.
The key to successful estate planning for HNW families isn't just drafting these four documents, but ensuring they're current and immediately accessible.
More than 60% of U.S. family offices cited interest rates and inflation as among the top risks to their portfolios, according to J.P. Morgan Private Bank.
A new report from J.P. Morgan Private Bank reveals that family offices around the world are mostly sticking to large-cap equities and alternative assets. Still, some 65% describe AI investments as a future priority.
Online training, news, education and information for the wealth management community in Asia. Compliance, learning, regulation, skills, products, suitability and technology.
Online training, news, education and information for the wealth management community in Asia. Compliance, learning, regulation, skills, products, suitability and technology.
Online training, news, education and information for the wealth management community in Asia. Compliance, learning, regulation, skills, products, suitability and technology.
Online training, news, education and information for the wealth management community in Asia. Compliance, learning, regulation, skills, products, suitability and technology.
The tech industry witnessed a dramatic shift as the wealth of several top tech billionaires plummeted due to fears over the AI bubble and fluctuating valuations. Larry Ellison, co-founder of Oracle, experienced a staggering $59.2 billion loss in his net worth since the beginning of the year, with $19 billion of that occurring just this week. The selloff was exacerbated by developments such as Anthropic’s new legal AI tool, which caused a nearly 4% drop in the S&P 500 software and services index.
The billionaire philanthropist and writer says the best jobs embrace your idiosyncrasies. Feb 8, 2026 MacKenzie Scott. Career advice typically focuses on resumes, promotions, titles, and paychecks. But MacKenzie Scott has a different idea about what makes for a successful career, arguing that jobs are less about status and more about finding work that aligns with natural strengths and tendencies. In a 2013 interview, Charlie Rose asked Scott what it meant to be “hard-wired” for a certain kind of
Updated Feb 8, 2026, 1:38 PM GMT Nevada is receiving an influx of wealth due to Californians fleeing the state. Michael H/Getty Images Billionaires are planting roots in Nevada amid fears of a California wealth tax. Nevada, with its generous tax advantages, is welcoming the ultrawealthy with open arms. The influx of wealthy people is rapidly changing the state's luxury market. The most expensive condo sale in the Las Vegas area closed in early January for $21 million. If the sale of the 5,000-
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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