As much as 90% of billionaires did not donate to coronavirus relief efforts in the first half of 2020, wealth research firm Wealth-X reported in its 2020 Billionaire Census. Billionaires are responsible for an outsized chunk of American charitable giving under normal circumstances, but the pandemic has inspired ordinary Americans […]
Some industries produce a lot more ultrawealthy people than others. While some have become billionaires working in the food and beverage sector, a lot more people become extremely rich in real estate. Nearly one in five members of the three comma club work in banking or finance. Visit Business Insider’s […]
Younger billionaires give their money away differently when compared with their older peers, research firm Wealth-X found in its 2019 Trends in Ultra-High Net Worth Giving report. Ultra-wealthy people under age 45 are not only less interested in bankrolling museums and theatres than those who are older, but also want […]
In July, Wealth-X released their 2019 report on which universities (both globally and in the US) have produced the most ultra-high net worth (UHNW) individuals, here defined as those with a net worth of $US30 million or more. On the US list, only five out of the 20 institutions listed […]
Ten cities account for 18.9% of the world’s ultra-wealthy population, according to Wealth-X’s 2019 World Ultra Wealth Report. The report defines the world’s ultra-wealthy population as those with $US30 million or more in net worth. The US has six cities on the list. Visit Business Insider’s homepage for more stories. […]
Ten countries account for 72% of the world’s ultra-wealthy population, according to Wealth-X’s 2019 World Ultra Wealth Report. The report defines the world’s ultra-wealthy population as those with $US30 million or more in net worth. The US dominates, with a hefty share of 31% of all people in that income […]
Fifteen countries account for 76% of the world’s billionaire population and 80% of the world’s billionaire wealth, according to Wealth-X’s 2020 Billionaire Census report. All countries, except for UAE, saw an increase in the number of billionaires and amount of billionaire wealth. The US dominates, with 788 billionaires who have […]
Nearly a third of the world’s billionaire population is concentrated in just 15 cities, according to Wealth-X’s recently released annual Billionaire Census. Strong tech industries have fostered considerable wealth in several cities across the world, from San Francisco to Shenzhen. A large share of the world’s billionaire population lives in […]
Forbes Magazine just came out with it’s list of the top billionaires in the U.S. We narrowed the list down to look at the most successful people in finance, which includes investments, trading, hedge funds and money management. Read on to see the 10 wealthiest people in finance. 10. Philip […]
Billionaires don’t all follow the same path to success, but some of them look pretty similar. Of the world’s 2,754 billionaires, more than 560 hold an undergraduate or graduate degree from one of 10 American colleges. Elon Musk, Warren Buffett, and the founders of Google are all part of this […]
Rich people love spending money on real estate, whether it’s a loft in London or a mansion in Beverly Hills – or both. Wealth-X, a firm that does research on ultra high net worth (UHNW) people, shared data with Business Insider on the residential addresses of people with a net […]
The world’s billionaire population grew to an all-time high of 2,754 people in 2017. Three Asian countries had the strongest growth in total net worth in 2017: China, India, and Hong Kong. As a city, Hong Kong added more billionaires than any other major city in 2017, bringing its total […]
Philanthropy is the most popular hobby among billionaires, according to Wealth-X’s 2019 Billionaire Census. Sports, boating, and travel are also popular pastimes among the richest people in the world, according to Wealth-X. The hobbies of the richest billionaires are different from billionaires with net worths under $US5 billion; billionaires worth […]
Society seems to be obsessed with rich people....
If you are ultra-rich, turning up to an...
Between endorsement deals, royalty payments...
There are now more billionaires on earth than...