News
The Wealth and Glam of “The Hamptons” Looks Almost Quaint
The documentary consists of a collection of short vignettes, arranged according to summer’s chronological unfolding, and features a cast…
Tag
wealth
Business
Google co-founder Sergey Brin spending more than $100 million fighting California wealth tax
The fight over a proposal to tax the assets of California billionaires to fund healthcare is getting more expensive. Google co-founder…
Business
California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a…
Business
Sovereign wealth funds join clamour for private credit in EMs
A record wave of private credit deals across emerging markets (EMs) looks set to extend this year, with a host of institutional and…
News
Fujian gang, Prince Group money laundering incidents unlikely to dent Singapore’s appeal as wealth hub
MAS likely to go ahead with simplifying SFO tax incentive framework in face of rising competition Singapore has risen to become one of the…
News
Hard Work Still Fuels Real Wealth Creation
A simple question exposed a hard truth: most people want more balance even if it means less money. The prompt was clear. Would you rather…
Business
Building Wealth Through Smart Lifestyle Decisions
Wealth often feels tied to income, investments, or a business’s performance. But financial security doesn’t grow only from spreadsheets…
Business
Map shows only 14 states where homeowners have not lost equity
U.S. homeowners have lost $9,200 in home equity over the past year, according to a new report, as the overheated housing market slowed to…
Business
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund…
News
Top German official: wealth tax would harm the economy
Thorsten Frei, Head of the German Chancellery and German Minister for Special Tasks, takes part in a stage talk at the Open Day of the new…
Business
BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managers Citigroup said on Thursday (Sep 4) it will…
Business
Confidence Trumps Wealth in Investment Decisions
Self-doubt can be paralyzing, especially when you’re surrounded by wealthy, successful people. For years, I struggled with this feeling…
Business
Are sovereign wealth funds dumping Israeli investments?
The Norwegian government on Tuesday said it would review its sovereign wealth fund’s investment in Israel after the Scandinavian country’s…
Business
Apollo draws US$61 billion in record quarter, but less from wealth
Apollo Capital Management reported record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in…
Business
What We Miss When We Talk About the Racial Wealth Gap
His reluctance to treat family structure as a causal factor is similarly puzzling. He notes that married Black households have an average…
Business
Wealth fund KIA said to be seller of HK$26.8 billion AIA stake
The Kuwait Investment Authority (KIA) was the undisclosed shareholder behind the HK$26.8 billion (S$4.3 billion) sale of a stake in…
Business
DBS, CapitaLand and more: Singapore’s long term wealth creation set to boost local stocks, says Morgan Stanley
As Singapore reaches its 60th birthday, Morgan Stanley said the city-state is “primed for wealth creation”. That could unlock real gains…
Politics
Watch TNR’s Livestream on America’s Wealth Gap
On Tuesday, June 24, The New Republic hosted a special live event: “Where the Money Is: America’s Obscene Wealth Gap,” a conversation…
News
The Obscene Wealth Issue
Earlier this year, I learned that Elon Musk, Jeff Bezos, and Mark Zuckerberg were all now worth something well north of $200 billion. The…
Politics
The TNR Wealth Poll: Americans Say Spread the Dough
The demographic breakdown on these questions is revealing, particularly when it comes to partisan affiliation: 56 percent of Republicans…
News
QUIZ: How Much Do You Know About Wealth and Inequality in America?
The New Republic recently commissioned a poll asking Americans for their opinions on wealth distribution in the United States. In short,…
Business
Garuda said in talks for US$500 million from Indonesia wealth fund
Garuda Indonesia is in talks with the country’s sovereign wealth fund Danantara about an injection of around US$500 million, according to…
Business
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger…
Business
Asian banks see big boost to wealth business as currencies rally
A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US…