Democratic presidential candidate Bernie Sanders recently propositioned a wealth tax that will tax the rich by a great deal. The New York Times said that Sanders’ proposal would significantly reduce the fortunes of ultra-rich households in half within 15...
The virus pandemic has been lining the pockets of healthcare billionaires as they see a sudden spike in the stock prices of companies developing outbreak-related solutions, said Forbes. This surge made one person a billionaire while increasing the riches...
Warren Buffet-backed Snowflake announced Wednesday, September 16, 2020, that its valuation more than doubled on the first trading day of its initial public offering (IPO) trading day. Following its successful trading day, the cloud data warehousing company raised nearly...
Bloomberg reveals that Norway’s $1 trillion wealth fund has significantly made a jump with an increase amounting to $84 billion, just within the first quarter of 2019. This amounts to $16,000 per citizen. This significant growth comes after the...
In an effort to address corruption, tycoon Lee Kim Yew suggests that the Malaysian government enact a law that controls political wealth acquired through funding, says Free Malaysia Today. This proposition comes after the 14th general election held last...
Amid the Covid-2019 outbreak, numerous businesses are struggling to remain afloat, particularly in the Seattle area. Following the massive pandemic, Amazon has created a relief fund of $5 million upon approval from its executives.
Filed under the Neighborhood Small Relief...
In a survey conducted by wealth management group Netwealth, it is found out that 31% of the 4,000 participants don’t want to share wealth and assets with their partners.
Younger women ages 16 to 34 years old said that they...
The electric-car maker posted a surprise profit of $342 million in the third quarter of this year, with stock price going up to 20 percent.
Tesla has outreached Wall Street’s expectation that the company will get a net loss of...
The world’s most priced SUV wowed attendees of the New York Auto Show, with a whopping price tag of $1.9M.
The Karlmann King, an Italian armoured car with a Ford F-550 base and a fully customized interior is the highlight...
HSBC Holdings has reported about its purchase of AXA Singapore for $575 million. This move is part of its goal to establish a global wealth center in Singapore and accelerate its growth throughout Southeast Asia. As per the released...
