Money and Wealth

Led by the top three: the Sy siblings, along with Manuel Villar and Enrique Razon Jr, the wealthiest individuals in the Philippines, saw an increase in their combined wealth this year, rising by 11% to $80 billion from $72 billion last year, as reported by the most recent CEOWORLD magazine...

It appears that the fortune of Pham Nhat Vuong, who currently holds the title of the wealthiest man in Vietnam, is on the verge of experiencing a significant boost. This boost could potentially amount to an impressive $11 billion, at least for a certain period of time. The reason for...

High-Net-Worth-Individuals (HNWIs) invest in a large array of assets. They don’t stick to the conventional favorites and often show incredible foresight in terms of long-term returns. An asset draws value over time. Anything that is sure to become a scarce asset or one-in-a-lifetime collectible will certainly fetch great returns. And...

Finances aren't a matter of wishful thinking and require consistent and smart planning. Whether you are a student or a high-net-worth-individual (HNWI), you must grow, spend, and invest your money. But, active involvement in the task is expected. It is not difficult to come across hacks about wealth management. You'll...

One has to pay their taxes, whether they like it or not. Tax evasion is illegal and attracts hefty fines. At times, defaulters are sent to prison. On the other side, there are legitimate ways to minimize tax liability, which is essentially tax avoidance. But this isn’t child’s play. Unless...

It's projected that a whopping $73 trillion will be inherited by millennials from aging baby boomers (those born between 1946 and 1964). This considerable wealth is partly due to the U.S. government implementing its own wealth transfer, as explained by hedge fund billionaire Ray Dalio in a detailed LinkedIn newsletter....

One of the major cinema chains in Indonesia, Cinema XXI, has recently been listed on the Indonesia Stock Exchange. This successful IPO has made Benny Suherman, the co-founder and major shareholder of the company, a billionaire with an estimated net worth of $1.1 billion. Cinema XXI owns a majority of...

The chair of Country Garden Services Holdings Company, Yang Huiyan, is transferring approximately 55% of her personal shares in the property management company to a family charity, which was established by her sister. Yang Huiyan is China's third wealthiest woman, with a net worth of almost $6.36 billion, and the...

Zhang Liguo, the founder of the Chinese skincare brand Fuerjia, has become a billionaire by selling facial masks at a retail price of around $3 each. He recently listed his company in Shenzhen, China's tech hub, and has now joined the ranks of the world's wealthiest individuals. A man named...

Last week, Symbotic Inc., a company specializing in warehouse automation, reported earnings that caused their stock to increase by over 50%. As a result, their majority owner, Richard B. "Rick" Cohen, gained an additional $7 billion in net worth, bringing his total to an impressive $25.6 billion. As its stock...