This year 198 billionaires were new to the list, down from the high of 290 newcomers in 2015. Sixty-six billionaires are under 40 this year. Mark Zuckerberg (No. 6) is the biggest gainer in Forbes’ 30th Annual World’s Billionaires Issue. Mark Zuckerberg’s (No. 6) fortune is up $11.2 billion for a total net worth of $44.6 … Read more
‘Trophy’ has become the new buzz-word in luxury real estate. More properties than ever before were sold and listed for sale at US$100 million or higher in 2014, says the new study by Christie’s International Real Estate — the world’s leading luxury residential network and the real estate arm of Christie’s art house. As the … Read more
A Beverly Hills mansion that has been widely publicized with much celebrity and international buyer interest, triggering a bidding war, has been sold to Swedish billionaire Markus Persson for $70 million. This is the highest price ever paid for a home in Beverly Hills and it closed in a lightning-fast six days. Persson’s purchase included … Read more
Higher education is not a prerequisite to achieving billionaire status. Study. Which Universities Produce The Most Billionaires? University of Pennsylvania Has The Most Billionaire Undergraduate Alumni, 16 of 20 Top Billionaire Schools Are In The US. The University of Pennsylvania is the top university in the world in terms of number of billionaire undergraduate alumni … Read more
The typical ultra-wealthy philanthropist donates US$25 million over the course of his or her lifetime, is 64 years old, has an average net worth of US$240 million, and an average liquidity of US$46 million, according to the inaugural Wealth-X and Arton Capital Philanthropy Report 2014. These are some of the findings of the inaugural Report … Read more
Businessman makes plea in People’s Daily for country to improve bad philanthropic record by investing in the poor