Some of the richest people in South Korea may be among the biggest losers from elections last week that all but ended a proposal to cut one of the highest inheritance tax rates in the developed world.
The number of millionaires living in Africa dropped by nearly 20,000 in the past decade as the continent's ultra-rich either moved away or saw dramatic currency depreciations eat away at their wealth.
A rebound at John Paulson's family office boosted returns last year but it still wasn't enough to keep the billionaire investor from having to play catch-up.
If you got a Covid or flu shot this winter, the vaccine may well have come out of a vial made by Stevanato Group SpA, one of just a handful of Italian firms listed on the New York Stock Exchange.
Joey Zhang knows many of her clients are wealthy. So rich, in fact, that their homes are often even swankier than Singapore's five-star Shangri-La Apartments.
Money-market fund assets fell, driven by an exodus of cash from retail and institutional government funds, as the deadline for US income tax payments nears.
Ken Griffin is donating $9 million to bring a University of Chicago-backed math tutoring program to public school students in Miami, leveraging his ties with the top university in his former hometown.