Resting From Their Billions: Hobbies of the Rich

What do the rich do in their spare time except count their money and admire their bank accounts? No, only in cartoons Scrooge McDuck dives into the golden mountain, but in fact the billionaires are people too, and nothing human is alien to them. Some of them play chess or ukulele, others try hitting the … Read more

Wealthy people are spending less – are they seeing signs of a recession?

A recent USB report found wealthy investors are increasing their cash reserves, adding to growing evidence suggesting they see trouble on the horizon

1,810 Billionaires Made the 2016 List of the World’s Richest People of the Planet

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 creation at different ages: wealthiest person at each decade

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

Asia – home of the largest proportion of super-rich

Asia has the world’s most billionaires Carlos Slim (73) – ranked as the “Richest Man on the Planet” On its 2013 list, Hurun Report, a monthly magazine best known for its “China Rich List“, a ranking of the wealthiest individuals in China, has ranked 1453 individuals with personal wealth of US$1 billion or more. Real … Read more

World’s billionaires in 2012 – U.S. is still home to more billionaires than any other country

Forbes began the pursuit of the world’s billionaires 25 years ago. The first cut yielded 140 names. This year the magazine have counted an all-time high 1,226 billionaires worth a record $4.6 trillion. Carlos Slim tops Forbes billionaires list at $69 billion. There are now billionaires from 58 countries. The U.S. is still home to … Read more