archiveEconomics Insider

Managing money effectively is critical for everyone, but high-net-worth individuals (HNWs) have a few advantages that set them apart. They are usually very successful in managing their wealth and preserving it for the long term through a few savvy money management strategies. Let’s take a closer look at five of...

We often get carried away by emotions regarding the stock market. The market is making remarkable gains so are your investments. Life couldn't be better. But those who have been on the field for a long time know how unpredictable the market can be. Even when we predict the future...

As of May 1, 2023, with a net worth of roughly $95.2 billion, L’Oréal heiress Francoise Bettencourt Meyers is the wealthiest woman in the world, followed by Alice Walton (No. 2, $61.2 billion), Julia Koch (No. 3, $59.0 billion); and Miriam Adelson (No.4,$38.4 billion) Jacqueline Mars is the fifth-richest woman...

Even though the grape harvest is ending in November, it's still a great time to visit Italy's wine country. This is because the olive crop is just getting going. Some reasons to go to the vineyard-covered countryside in the coming weeks are the cool fall weather and the restaurants with...

As of April 30, 2023, Gina Rinehart was the wealthiest person in Australia, with an estimated net worth of 26.9 billion U.S. dollars, followed by Andrew Forrest (No. 2, $19.1 billion), Harry Triguboff (No. 3, $15.5 billion); and Anthony Pratt (No. 4, $11.3  billion). Mike Cannon-Brookes is the fifth-richest person in Australia, with a whopping...

As of April 30, 2023, Mark Mateschitz was the wealthiest person in Austria, with an estimated net worth of 35.9 billion U.S. dollars, followed by Georg Stumpf (No. 2, $9.0 billion), Johann Graf  (No. 3, $7.3 billion); and Rene Benko (No. 4, $6.1 billion). Helmut Sohmen is the fifth-richest person in Austria, with...

As of April 30, 2023, Vicky Safra was the wealthiest person in Brazil, with an estimated net worth of 17.1 billion U.S. dollars, followed by Jorge Paulo Lemann (No. 2, $16.8 billion), Eduardo Saverin (No. 3, $13.4 billion); and Marcel Herrmann Telles (No. 4, $11.2 billion). Carlos Alberto Sicupira is the...

Whether luxury, upscale (premium), midscale, economy, or special boutique hotels, Jin Jiang International is the largest chain of hotels in the world, 2023. In second place is Wyndham Hotels & Resorts, a US-based hotel chain with 9,280 hotels. Rounding out the top 3 is Marriott International, a fellow US-based hotel...

As of April 28, 2023, Li Xiting was the wealthiest person in Singapore, with an estimated net worth of 16.5 billion U.S. dollars, followed by Goh Cheng Liang  (No. 2, $14.7 billion), Philip Ng (No. 3, $7.6 billion); and Robert Ng (No. 4, $7.4 billion). Wee Cho Yaw is the fifth-richest person in Singapore,...

As of  April 28, 2023, Jay Y. Lee was the wealthiest person in South Korea, with an estimated net worth of 8.2 billion U.S. dollars, followed by Seo Jung-jin (No. 2, $5.9 billion),  Hong Ra-hee  (No. 3, $5.1 billion); and Kwon Hyuk-bin (No. 4, $5.0 billion). Kim Beom-su is the fifth-richest person...