Tuesday, December 10, 2019
Bloomberg reports that the age of wealthy individuals in America is declining. Investors who have at least $25 million to their name have an average age of 47 years old, an 11-point drop from 2014’s average age. However, Bloomberg...
The UK-based charity Oxfam International released a report last January 21 at the World Economic Forum in Davos, Switzerland, stating that 26 of the richest people in the world have the same wealth as the poorest half of the...
The top billionaires and leading wealth managers aired their worries on the proposal of Rep. Alexandria Ocasio-Cortez of New York to impose 70% tax rate on corporations and individuals earning above $10 million. Billionaires and millionaires attending the World Economic...
While women generally earn less than men, they can close in the gender pay gap by investing more, according to an article published in U.S. News. Coryanne Hicks, a staff writer who authored the article said that women have the...
Malaysian Prime Minister Dr Mahathir Mohamad said on Monday that Malaysian wealth must not only be given to Malays and Bumiputeras but also other minorities as well. Highlighting racial equality in his speech at  the monthly gathering in the Prime...
The sum of the wealth of just the nine wealthiest people in the world is more than the 4 billion people who are living in poverty, reported by a recent study published by Oxfam. Forbes 2018 list of the wealthiest...
In the January 2019 release of Bloomberg’s list of 500 wealthiest individuals across the globe, Epic Games CEO is ranked 197 with $7.18 billion. This recent victory of the company is attributed to the success of one of their...
Jeffrey Bezos, CEO and founder of Amazon, is set to divorce Mackenzie Bezos following the discovery of his affair with a former TV anchor, as reported by Business Insider. The two have been together for 25 years up until...
Houston firm Patriot Wealth Management brought a total of 3,839 shares from Microsoft Co. as the software company declined stock value by 1.64%. The wealth management firm now owned a total of 17,240 shares from the software giant, which...

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