Tag: Wealth
80% of Young Billionaires Skip College
Alexandr Wang, 26 years old, tops the list of the youngest self-made billionaires generating a net worth of $1 billion.
Pedro Franceschi, aged 27, takes...
The Wealthiest Cities in the World in 2023
When it comes to the number of resident millionaires, cities in the USA and China dominate the World’s Top 10 Wealthiest Cities, while only...
UAE’s Financial Wealth Grows to $600 Billion Despite Pandemic Challenges
51% of the country’s wealth is owned by individuals whose net worth is more than $5 million.
The United Arab Emirates (UAE) financial wealth grew...
The World’s Biggest Sovereign Wealth Funds
The Norwegian Government Pension Fund is the largest of any sovereign wealth fund in the world. According to data from the SWF Institute, the...
World’s 10 Richest Fortune Soars by 56% to $1.1 Trillion Since...
As the rest of the world continues to recover from the effects of the coronavirus pandemic some of the global billionaires have benefitted from...
UAE Home of Seven Out of 31 Arab Billionaires
Forbes Middle East is uncovering the Arab billionaires that have been revealed in the 2018 Forbes US Global Billionaires ranking. The 31 mega-wealthy Arab...
Number of Billionaires Jumps 10% Worldwide
UBS/PwC Billionaires Report 2017: Return to Growth for Billionaires Globally, with Asia Outpacing the US for the First Time
Globally, the total wealth of billionaires...
DIFC Reveals New Investment Opportunities
Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (MEASA), has today published the “DIFC...
GCC GDP on Growth Path despite Oil Price Decline
Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...
Where Ultra Rich Buy Second Homes in 2017
There are over 552,000 multi-millionaires worldwide, and 87% of them own and continue to buy second homes. The wealth analysts at New World Wealth...
Why You Need to Create Multiple Streams of Income
In uncertain times, people often fear that they may lose their jobs from one week to the next. But those who have managed to...
The World’s Richest Arabs in 2017
The April issue features two lists: Billionaires and the Arab World’s Richest Families.
Prince Alwaleed bin Talal remains the top billionaire; the Olayans are...
Family Businesses & Succession Planning in GCC Countries
As the GCC economy slows down due to declining oil prices, an important question presents itself: Where is the GCC money going?
Even though there...
2016 World’s Richest Arabs List Revealed
Of 32 Arab billionaires, five are new.
Aggregate net worth dropped $29.9 billion from one year ago to a recent $95.5 billion.
FORBES...
Luxury Spending Trends Remain Strong Despite Uncertainties
The value of Knight Frank’s Luxury Investment Index (KFLII) increased 7% in 2015. The Index, which tracks the performance of 10 investments of passion...
Dubai 5th in ‘Global Cities That Matter’ Ranking
Dubai has emerged as the fifth most important hub for wealthy individuals, according to a survey of UHNWIs (ultra-high net worth individuals). Dubai’s ranking...
India ranks 3 rd in increase in UHNWI population over...
Mumbai and Delhi slated to move up to ranks 14 and 29 respectively by 2025
Knight Frank today released its 10th edition of the Wealth...
Female billionaires outpace males
A survey of over 1,300 billionaires analyzed data from the last 19 years across the 14 largest billionaire markets, accounting for 75% of global...