Money and Wealth

Footballers' salaries and sponsorship deals continue to skyrocket, particularly in the Premier League, where TV revenues are soaring, and fifteen out of twenty clubs are owned by billionaires. While many players are content to live off their substantial earnings, others leverage their income to build even greater wealth through business...

A recent study reveals an unprecedented increase in global wealth, driven by booming stock markets. The number of "high net worth individuals" (HNWIs), defined as those with liquid assets of at least $1 million, rose by 5.1% to 22.8 million in the past year, according to consulting firm Capgemini. The...

Kylian Mbappe, Real Madrid's latest star forward, is predicted to potentially surpass club legend Cristiano Ronaldo and former Paris Saint-Germain teammate Lionel Messi as the richest footballer ever, according to sports finance expert Dr. Rob Wilson. The official announcement of Mbappe's free transfer from PSG to Real Madrid on Monday...

Bill Ackman, hedge fund manager and CEO of Pershing Square Capital Management has joined the ranks of the world's wealthiest individuals thanks to a $1.05 billion investment in his firm. This investment, representing 10% of Pershing Square, values Ackman's stake at over $3.5 billion, propelling his net worth to $8...

Gautam Adani has reclaimed his position as Asia's wealthiest individual, overtaking Mukesh Ambani. Adani, Chairman of the Adani Group, now boasts a net worth of $111 billion, just ahead of Ambani's $109 billion. Adani's resurgence is largely attributed to a recent surge in Adani Group's stock prices. On Friday, shares...

Australia's richest individuals continue to amass wealth, with the tech and property sectors driving the growth of top earners, as highlighted in this year's Australian Financial Review's rich list. For the fifth consecutive year, Gina Rinehart has maintained her position at the top of the list. The combined wealth of...

In 2024, Jeff Yass holds the title of Pennsylvania's wealthiest individual, boasting an impressive net worth of $27.6 billion. A co-founder of Susquehanna International Group (SIG), Yass's success in trading and investments, particularly his significant stake in ByteDance—the parent company of TikTok—has cemented his status in the financial world. Yass's...

Gautam Adani, with a net worth of $111 billion, has claimed the 11th spot as the richest person in the world, surpassing Mukesh Ambani, whose wealth of $109 billion now places him at No. 12. Following a bullish endorsement from U.S. brokerage Jefferies, shares of all Adani Group companies surged...

Michael Dell experienced the largest single-day decline in his wealth as the computer company he founded reported disappointing results, causing an 18% drop in Dell Technologies Inc. shares in New York. As a result, Dell's net worth fell by $11.7 billion to $107.1 billion, marking the most significant decrease on...

Born into a modest family in the small Austrian village of Thal, with a population of 2,200, Arnold Schwarzenegger asserted his dominance by winning the prestigious title of Mr. Universe four times. He then went on to conquer Hollywood with his iconic roles in "The Terminator" and "Hercules in New...