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Money and Wealth

Money and WealthSpecial Reports

Global Wealth Distribution and HNWIs: Who Makes Up the Top 1%?

A recent surge in the stock market, real estate, and cryptocurrencies has led to a 4% increase in the number of ultra-wealthy individuals worldwide, according to a new report. The report from Knight Frank Wealth, a real estate consultancy, details the minimum net worth needed to be among the top...
CEO BriefingCEO PerspectivesMoney and Wealth

200 Wealthiest Australians See Their Fortune Rising and Control a Staggering $625 Billion

The 2024 edition of the annual Rich List published by the Australian Financial Review (AFR) reveals that the 200 wealthiest Australians now control a staggering $625 billion, an 11% increase from last year's $563 billion. This immense wealth represents roughly a quarter of Australia's annual gross domestic product for 2023....
CEO SpotlightMoney and Wealth

Chanel’s Billionaire Owners Reap Massive Dividends, Boost Wealth and Diversification

Over the past three years, the billionaire Wertheimer family, owners of the luxury brand Chanel, have accumulated $12.4 billion in dividends, significantly boosting their personal wealth and supporting their diversification efforts beyond high fashion. Meanwhile, Chanel recently announced the departure of Virginie Viard, the artistic director who had been with...
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