Global Wealth
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Elon Musk Is The First Trillion-Dollar Man. What It Means For The World
Elon Musk's trillion-dollar payout, now formally approved by Tesla shareholders, opens the doors for more such packages for high-profile CEOs and puts the spotlight on global wealth inequality.
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G20 Taskforce Calls For Global Panel To Tackle 'Inequality Emergency'
A G20 taskforce established by South African President Cyril Ramaphosa has called for the creation of an international panel to tackle inequality, warning that extreme wealth disparities disrupt democracy and cause economic instability.
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UAE To Welcome 9,800 Millionaires In 2025: Report
The UAE continues to solidify its reputation as a premier destination for the world's ultra-wealthy, driven by regulatory reforms, favourable tax policies, and long-term residency options such as the Golden Visa.
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Economists Explain How A 'Global Wealth Tax' On Billionaires Would Work
Earlier this year, I attended a housing conference in Sydney. The events opening address centred on the way Australia seems to be becoming like 18th-century England a country where inheritance largely determines ones opportunities in life.
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Can Money Buy Morality? Study Finds Wealthier People Slightly More Prosocial
A large-scale meta-analysis finds that wealthier individuals are modestly more likely to engage in prosocial behavior, such as generosity and cooperation, challenging the notion that those in lower social classes are more altruistic.
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Markets Bleed, Billionaires Lose Wealth, But Warren Buffett Emerges Richer
As global markets tanked with a $5 trillion wipeout following US President Donald Trump's sweeping tariffs on 184 countries, ace investor Warren Buffett came out unscathed and richer.
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Trump Tariff Shock Hits Sensex, Wipes Out Rs 20 Lakh Crore Investor Wealth
Investors' wealth eroded sharply by Rs 20.16 lakh crore on Monday morning as the benchmark indices faced heavy drubbing, with the Sensex dropping over 5 per cent, amid a global market meltdown due to growing trade war concerns.
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Global Warming Will Make The Average Person 40% Poorer, Study Warns
A new study reveals global heating's economic impact will be far worse than previously expected, predicting a 40% wealth reduction with 4 degree Celsius warming and a 16% reduction in global GDP at 2 degree Celsius.
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Gautam Adani Is India's Biggest Wealth Gainer: Hurun Global Rich List
Adani Group Chairman Gautam Adani has become India's biggest wealth gainer in absolute terms, with an impressive increase of nearly Rs 1 lakh crore in his net worth, according to the 'Hurun Global Rich List 2025' on Thursday.
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Opinion | Can The Real BRICS+ Please Stand Up?
By 2050, BRICS+ economies are projected to control 50% of global wealth production. Yet, when the time comes to make bold moves, the grouping has been known to dither.
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Investors' Wealth Swells By Rs 4.46 Lakh Crore As Stocks Rebound
The market capitalisation of BSE-listed firms went up by Rs 4,46,308.99 crore to Rs 4,50,21,816.11 crore.
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Wealth Of World's Top 1% Grew By $42 Trillion Over The Past Decade: Oxfam
The world's richest one per cent increased their fortune by $42 trillion over the past decade, which is nearly 34 times more than the entire bottom 50 per cent of the world's population, according to a new analysis by Oxfam.
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There Are Over 22 Million Millionaires In The World, An All-Time High
The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.
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Taylor Swift Makes Billionaire Debut, Joining Elon Musk In Richest List
Taylor Swift made her appearance on the list with an estimated wealth of $1.2 billion.
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Mumbai Dethrones Beijing As Asia's New ''Billionaire Capital'': Hurun Report
According to the list, Mumbai added 26 billionaires this year, compared to 91 billionaires in Beijing.
-
Elon Musk Is The First Trillion-Dollar Man. What It Means For The World
Elon Musk's trillion-dollar payout, now formally approved by Tesla shareholders, opens the doors for more such packages for high-profile CEOs and puts the spotlight on global wealth inequality.
-
G20 Taskforce Calls For Global Panel To Tackle 'Inequality Emergency'
A G20 taskforce established by South African President Cyril Ramaphosa has called for the creation of an international panel to tackle inequality, warning that extreme wealth disparities disrupt democracy and cause economic instability.
-
UAE To Welcome 9,800 Millionaires In 2025: Report
The UAE continues to solidify its reputation as a premier destination for the world's ultra-wealthy, driven by regulatory reforms, favourable tax policies, and long-term residency options such as the Golden Visa.
-
Economists Explain How A 'Global Wealth Tax' On Billionaires Would Work
Earlier this year, I attended a housing conference in Sydney. The events opening address centred on the way Australia seems to be becoming like 18th-century England a country where inheritance largely determines ones opportunities in life.
-
Can Money Buy Morality? Study Finds Wealthier People Slightly More Prosocial
A large-scale meta-analysis finds that wealthier individuals are modestly more likely to engage in prosocial behavior, such as generosity and cooperation, challenging the notion that those in lower social classes are more altruistic.
-
Markets Bleed, Billionaires Lose Wealth, But Warren Buffett Emerges Richer
As global markets tanked with a $5 trillion wipeout following US President Donald Trump's sweeping tariffs on 184 countries, ace investor Warren Buffett came out unscathed and richer.
-
Trump Tariff Shock Hits Sensex, Wipes Out Rs 20 Lakh Crore Investor Wealth
Investors' wealth eroded sharply by Rs 20.16 lakh crore on Monday morning as the benchmark indices faced heavy drubbing, with the Sensex dropping over 5 per cent, amid a global market meltdown due to growing trade war concerns.
-
Global Warming Will Make The Average Person 40% Poorer, Study Warns
A new study reveals global heating's economic impact will be far worse than previously expected, predicting a 40% wealth reduction with 4 degree Celsius warming and a 16% reduction in global GDP at 2 degree Celsius.
-
Gautam Adani Is India's Biggest Wealth Gainer: Hurun Global Rich List
Adani Group Chairman Gautam Adani has become India's biggest wealth gainer in absolute terms, with an impressive increase of nearly Rs 1 lakh crore in his net worth, according to the 'Hurun Global Rich List 2025' on Thursday.
-
Opinion | Can The Real BRICS+ Please Stand Up?
By 2050, BRICS+ economies are projected to control 50% of global wealth production. Yet, when the time comes to make bold moves, the grouping has been known to dither.
-
Investors' Wealth Swells By Rs 4.46 Lakh Crore As Stocks Rebound
The market capitalisation of BSE-listed firms went up by Rs 4,46,308.99 crore to Rs 4,50,21,816.11 crore.
-
Wealth Of World's Top 1% Grew By $42 Trillion Over The Past Decade: Oxfam
The world's richest one per cent increased their fortune by $42 trillion over the past decade, which is nearly 34 times more than the entire bottom 50 per cent of the world's population, according to a new analysis by Oxfam.
-
There Are Over 22 Million Millionaires In The World, An All-Time High
The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.
-
Taylor Swift Makes Billionaire Debut, Joining Elon Musk In Richest List
Taylor Swift made her appearance on the list with an estimated wealth of $1.2 billion.
-
Mumbai Dethrones Beijing As Asia's New ''Billionaire Capital'': Hurun Report
According to the list, Mumbai added 26 billionaires this year, compared to 91 billionaires in Beijing.
