A study by Market research company Wealth-X revealed that the number of wealthy people in the world spiked in 2019. The firm told CNBC Make It that people who have net worths of $5 million to 430 million went...
Monica Geingos, the First Lady of Namibia has promised to donate all $3 million of her wealth to aid organizations after her death, Reuters reported. This statement came as part of Geingos’ fight to challenge sexism and inequality that...
Tesla stocks surged by a massive 21 percent on Tuesday, Feb. 11, reaching a record-breaking market value of $165 billion. CEO Elon Musk also gets himself a huge payout deal worth $30 billion, as the stocks continue to soar. The...
Kansas-based investment advisor Frontier Wealth Management is taking the next step towards a wider footprint in Colorado following the acquisition of the $180 million boutique wealth management firm, Highwater Wealth Management.  In a press release, DeVoe & Co., a leading consulting firm and investment bank who assisted...
UBS Wealth Management USA announced last Monday, February 10, 2020, its newly designed UBS Financial Services iPhone application. The program redesign was reportedly done in collaboration with existing clients and financial advisors as well as Deloitte Digital.   In the press...
In an unscheduled appearance he made last week, Pope Francis declared that a “structure of sin” has led to the largest wealth gap in history, said the Rome Reports. This structure is made up of financial organizations, government, and...
Countries of the Persian Gulf are at risk of having their financial wealth depleted in the next 15 years as global oil supply increasingly exceeds demand, the International Monetary Fund (IMF) warned on Thursday. In a report, titled The Future...
Zamira Hajiyeva, the wife of jailed “fat cat international banker,” recently failed to argue her appeal to keep a GBP 15 million- property in Knightsbridge. Telegraph reported that the Harrods woman filed the appeal in an attempt to overturn...
Ride-hailing giant Grab announced its successful acquisition of Bento Invest, a Singapore-based robo-advisory startup. The acquisition comes as Grab unveils its plans to offer retail wealth management and investment solutions to its customers and partners in the near future,...
For the first time ever, Alphabet Inc. revealed Google business units’ revenue for the fourth quarter of 2019. The parent company of Google disclosed a 5 percent drop in its stock revenue of $46.08 billion, versus Wall Streets’s expectation...

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