The billionaire boom of the past five years has now undergone a natural correction. Report. Billionaires are transforming the business of global philanthropy. Billionaire-controlled companies have returned almost twice the average market performance over the past 15 years. This is one of the findings of the annual UBS and PwC Billionaires Insights report, … Read more
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
Wealth-X released a list of the wealthiest person at each decade, from their 20s through their 90s, revealing insights into wealth creation at different ages. The list shows that: The wealthiest individual across all age groups is Bill Gates, Microsoft founder and the Bill & Melinda Foundation co- chairman, age 60, with a net worth … Read more
The combined fortune of the ultra-wealthy has doubled since 2009, and their property portfolio typically includes a £22m London home
Statistical Profile of the Middle Eastern UHNWI For most ultra high net worth individuals (UHNWIs) in the Middle East, the oil sector is not the source of their wealth, says Wealth-X’s “Profile of the Middle Eastern UHNWI”, a a statistical profile of the average Middle Eastern ultra high net worth individual (UHNWI) based on proprietary … Read more
Chinese Online Gaming Co-Founder Most Likely To Become Next Female Billionaire Qianqian Luo , who is co-founder of Shanda Interactive Entertainment, is most likely to be the next female billionaire with a net worth of US$910 million, according to Wealth-X’ “Top 13 Female Self-Made Future Billionaires” list. Marissa Mayer , Silicon Valley’s golden girl and … Read more