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Executive InsiderMoney and Wealth

Why The Affluent Buy Life Insurance

In simple words, Life Insurance is essentially a contract that guarantees that a certain sum of money is paid to the beneficiaries upon the death of the insured. The consideration for the said contract is called the premium that the policyholder pays. For a successful life insurance contract, the insured...
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Wealthiest People in Hong Kong (June 4, 2023)

As of  June 4, 2023, Li Ka-shing was the wealthiest person in Hong Kong, with an estimated net worth of 37.5 billion U.S. dollars, followed by Robin Zeng (No. 2, $33.1 billion), Lee Shau Kee (No. 3, $28.2 billion); and Peter Woo (No. 4, $14.7 billion). Kwong Siu-hing is the fifth-richest person...
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Wealthiest People in India (June 4, 2023)

As of  June 4, 2023, Mukesh Ambani was the wealthiest person in India, with an estimated net worth of 87.7 billion U.S. dollars, followed by Gautam Adani (No. 2, $52.5 billion), Shiv Nadar (No. 3, $25.9 billion); and Cyrus Poonawalla (No. 4, $25.6 billion). Savitri Jindal is the fifth-richest person in India, with a whopping $17.3...
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Wealthiest People in Indonesia (June 4, 2023)

As of  June 4, 2023, R.Budi Hartono was the wealthiest person in Indonesia, with an estimated net worth of 26.1 billion U.S. dollars, followed by Michael Hartono (No. 2, $25.0 billion), Low Tuck Kwong (No. 3, $21.3 billion); and Sri Prakash Lohia (No. 4, $7.1 billion). Prajogo Pangestu is the fifth-richest person in Indonesia, with a...
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