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Family offices are growing quickly across Asia-Pacific, and the Hong Kong government has been racing to bolster the city’s appeal as an investment hub for the ultra rich.
The world could have its first trillionaire within a decade, anti-poverty organisation Oxfam International said on Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski...
The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos. Oxfam, which for years has been trying to highlight the growing disparities between the super-rich and the bulk of the global population during the World Economic Forum’s annual meeting, reckons the gap has been “supercharged” since the coronavirus pandemic.
DAVOS, Switzerland — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering
The wealth of the world's five richest men — Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Warren Buffett — has more than doubled since 2020.