To develop digital wealth solutions for Southeast Asia, Lu International (LUI) Singapore, a global subsidiary of Lufax Holding financial service provider, has formed an alliance with Schroders Singapore, an investment management firm. According to a news statement, Lu International will...
Mivne Real Estate, Shapir Engineering and Industry, and Honeys Holdings have been added to the list of companies excluded from Norway's sovereign wealth fund. The fund itself is worth $1.3 billion. According to the Norwegian central bank (Norges Bank), these...
ProPublica published a report dated Tuesday, June 8, 2021, revealing that the most prominent billionaires in the world paid little to no taxes in the past. According to Bloomberg, ProPublica reportedly obtained data that contained information from the Internal...
Singapore is the preferred place for Asia’s billionaires to stay in light of the different issues faced by different countries in Asia, reported Bloomberg. Their stay is anticipated to be for the long run compared to their short-term visits...
A report released by the International Forum of Sovereign Wealth Funds (IFSWF) on Tuesday, May 11, 2021, revealed that more sovereign funds are investing in the fight against climate change as well as in doubling down on technology. In total,...
Succession Wealth, a UK-based wealth management firm, has established “Succession Sports & Entertainment,” a wealth planning advice arm for sports and entertainment to assist and educate professionals in these fields. The service team will provide financial advice and education to...
Japan's 50 richest people have increased their collective wealth by almost 50% in this year 2021 even amid the COVID-19 pandemic, according to Forbes Asia. The country's 50 wealthiest people's combined net worth jumped by 48% to $249 billion over...
As Citigroup gears up to expand its wealth management and investment banking business, the company reportedly aims to add approximately 2,300 people to its roster for both its Hong Kong and Singapore hubs. According to the Wall Street Journal, of...
Businesswoman and reality show star Kim Kardashian-West finally joined the ranks of Jeff Bezos and Elon Musk as she reached a net worth of $1 billion, according to Forbes. Her wealth is attributed to cosmetics and reality TV. Kardashian-West has...
A newly passed Covid-19 relief bill will provide some residents with the third stimulus check that has been delayed due to some lags on the part of the Social Security Administration (SSA), said CNBC. Recipients will be getting a...

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