Money and Wealth

Nigeria’s wealthiest individuals, including billionaires Aliko Dangote, Mike Adenuga, and Abdulsamad Rabiu, have refined investment strategies that reflect both their acumen and the multifaceted Nigerian economy. UBS data recently highlighted a 19.7% increase in national wealth attributed to these three titans, underscoring their impact on the economy. Key Strategies Nigerian...

The longstanding rivalry between mining magnates Gina Rinehart and Andrew Forrest has escalated after a recent billion-dollar acquisition by Mineral Resources. Described by some as the Australian counterpart to Tesla and Edison’s historic feud, this clash places iron ore at the heart of the competition rather than electricity. Both Rinehart...

A company owned by Anders Holch Povlsen, one of Scotland's wealthiest landowners, has acquired the historic Dores Inn, a well-known pub situated on the shores of Loch Ness in the village of Dores, approximately 10 miles south of Inverness. WildLand, Povlsen’s conservation and hospitality enterprise, confirmed that the pub would...

Sarath Ratanavadi, Thailand's wealthiest individual, has seen his net worth soar past $16 billion, spurred by a substantial rise in his holdings across the energy and telecommunications sectors. The 59-year-old billionaire’s fortune has grown by around $7 billion over the past three months, as indicated by the Bloomberg Billionaires Index,...

Since 2002, Elon Musk has fathered 12 children, though he endured a heartbreaking loss when his first child passed away from sudden infant death syndrome at just 10 weeks old. Now, Musk is setting the stage for a unique family dynamic by bringing his 11 surviving children and their mothers...

For the first time, ByteDance founder Zhang Yiming has taken the top spot as China’s richest individual. Zhang’s net worth surged to $49.3 billion, putting him ahead of former leader Zhong Shanshan, the chairperson of Nongfu Spring, whose wealth declined by 24% to $47.9 billion after facing a public backlash...

Despite a sluggish economy, the Netherlands’ wealthiest have seen their fortunes grow, with the top 500 individuals amassing a combined wealth of around $273 billion, marking a 5% increase from last year. This growth rate far outpaces the country’s 2023 economic expansion of 0.2% and inflation rate of 4.1%. Charlene...

Vietnam’s wealthiest businessman, Pham Nhat Vuong, and his company Vingroup have unveiled a new venture capital fund, VinVentures Capital Fund, aimed at accelerating growth in artificial intelligence and digital innovation across Vietnam and neighboring markets. The fund, backed by $150 million, will primarily target high-tech sectors such as AI, semiconductors,...

The eight franchises in the Hundred have collectively been valued at more than $841 million following the first phase of their sale process. High-profile individuals, including a director from Chelsea, Indian billionaires, and members of the Glazer family, have all shown significant interest in the bids. The initial round of...

A massive $50 million deal for four combined homes is set to make waves on Australia’s most exclusive street, Wolseley Road in Point Piper. The four units, located at a single address, are being sold together, offering the potential to become either a grand trophy home or a prime development...