While the British Royal Family's estimated wealth stands at around $87 billion, they are far from the world's wealthiest royals. In the UK, the Royal Family's assets come primarily from tangible properties and the value associated with their brand. Key sources of income include the Duchy of Cornwall and the...

Bangkok's prime Grade A office buildings have seen vacancy rates spike to 26.3%, signaling a growing oversupply in the market. Nevertheless, Frasers Property Limited, under the leadership of Panote Sirivadhanabhakdi, is optimistic that the ongoing US-China trade tensions will boost demand for office and industrial properties across Southeast Asia. With...

According to PwC's 2024 Asset & Wealth Management Report, 80% of asset and wealth management (AWM) firms believe that disruptive technologies, particularly AI, will be key drivers of revenue growth. The analysis suggests that companies that rapidly adopt ‘tech-as-a-service’ could see a revenue boost of up to 12% by 2028....

G20 leaders are convening in Brazil for a two-day summit aimed at finalizing a global tax targeting the world’s 3,300 wealthiest individuals, with the potential to generate up to $250 billion. The proposed tax is part of Brazil’s initiative to address wealth disparities, but it has encountered last-minute resistance during...

Denmark's 20 richest families collectively increased their wealth by approximately $8.4 billion over the past year, according to the 2024 annual ranking of the country's 100 wealthiest families. The next 80 families on the list also saw their fortunes grow, though at a more modest pace, with a collective gain...

Nvidia Corporation CEO Jensen Huang made a commitment during a conversation with Indonesian President Prabowo Subianto on Thursday to work alongside local companies in developing artificial intelligence technologies in Indonesia. Huang stressed that AI would play a crucial role in both industrial progress and societal transformation. He assured that Nvidia,...

Turkey's exports to G-20 countries have witnessed a remarkable increase of nearly 37% from 2019 to 2023, nearing a total value of $100 billion, according to recent data compiled by Anadolu University (AA). This surge underscores Turkey's growing influence in the global economy, with the G-20 countries collectively representing about...

Citycon Oyj's Board of Directors has made a unanimous decision to appoint Oleg Zaslavsky as the company's new CEO, with his tenure set to begin by April 2025. Zaslavsky will be stationed in Helsinki, Finland, while F. Scott Ball will remain as the interim CEO until Zaslavsky officially steps into...

California Governor Gavin Newsom and his wife have recently moved their family to an affluent part of the state, where all four of their children are now attending schools in Marin County. While Newsom plans to maintain his six-bedroom, $3.7 million home in Fair Oaks, Sacramento, he and his wife,...