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Money and WealthSpecial Reports

IPS Study: Nearly 50% Of The Pension Benefits Go To The Wealthiest 20% of Sri Lanka

A recent study conducted by the Institute of Policy Studies (IPS) has uncovered significant imbalances in Sri Lanka’s Public Service Pension distribution, revealing that nearly 50% of the benefits are concentrated among the wealthiest 20% of the population. The IPS study aimed to assess the fairness of tax policies and...
Lifestyle and TravelMoney and Wealth

Billionaire Mukesh Ambani Expands Private Jet Fleet with India’s First Boeing Business Jet 737 MAX 9

Mukesh Ambani, India’s wealthiest individual, has added a new aircraft to his already expansive fleet of private jets. The Boeing Business Jet (BBJ) 737 MAX 9, which recently joined the Reliance Industries fleet, is the first of its kind in the country. After undergoing extensive cabin customizations and upgrades, the...
CEO ExplainersCEO Perspectives

New $600 million Iron Ore Mine Approved, But Delays Frustrate Australia’s Wealthiest Woman, Gina Rinehart

Hancock Prospecting is marking a significant milestone with the approval of its McPhee Creek iron ore mine in Western Australia, though CEO Gina Rinehart remains critical after years of bureaucratic setbacks hindered the project’s progress. The $600 million mine, located in the Pilbara region, has finally received the go-ahead from...
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