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...
Financial technology company offering wealth management solutions Ikigai has announced Tuesday, March 16, 2021, that it had successfully launched its services in the United Kingdom. Ikigai is a fintech company based in London looking to challenge the current players...
American multinational financial services firm Wells Fargo announced on Thursday, March 11, that it will retire the Abbot Downing wealth management brand as part of its restructuring move. The unit, which services the ultra-rich, accounts for a minimum of $50...
The Norges Bank Investment Management (NBIM) is closely watching Kirin Holdings Ltd. because of its link with Myanmar’s military-owned business, reported Bloomberg. This can result in the fun’s divestment in the beverage company. Myanmar’s military is being scrutinized for the...
In some states, areas known for their wealth are expected to get the vaccine earlier than those with low incomes, reported Business Insider. The reason for this disparate vaccination plan is attributed to poor rollout design. Data shows that the...
In a move to promote wealth equality in the Washington state, the legislators are looking into enforcing a one percent tax for individuals with wealth over a billion dollars. House Bill 1406 is exclusively for billionaires with a household wealth...
Kuwait, considered one of the world’s richest nations, has reportedly been forced to open and transfer the remnants of its current performing assets to its sovereign wealth fund as it aims to have more cash at its disposal, reports...

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