Rich people invest their money in various ways, diversifying their portfolios across cash reserves, real estate, and stocks to ensure growth and security over time. Cash and cash equivalents offer ...

Three men are being awarded the Nobel Prize for Economics for their work exploring why some societies prosper and others don’t. Their answer, in a nutshell, lies in government institutions ...

My aunt married into money. She’s never made any significant contribution from that wealth to the rest of the family. Which is fair, it’s her husband’s asset, not ours! Her family and her in ...

The remarks from Mr Campbell and other members of Patriotic Millionaires UK, a campaign group of the rich calling for higher taxes on the rich, forms part of a report by the Institute for Public ...

Why do some countries become rich, while others remain impoverished? It’s a question that inspired three academics awarded this year’s Nobel prize in economics—Daron Acemoglu and Simon ...

The Chief Executive Officer of the Road Accident Fund (RAF) said that rich South Africans should not be able to claim from the fund. RAF head, Collins Letsoalo told Parliament’s Standing ...

If you have £90,000 in the bank, a mortgage-free home worth £310,000-plus and a £627,000 pension pot then you can consider yourself rich, new research reveals. That is what the wealthiest ...

A police investigation into an alleged pyramid scheme that claimed revenues of more than US$300 million and attracted hundreds of thousands of members highlights a lucrative yet deceptive business ...

HONG KONG - China has begun enforcing a long-overlooked tax on overseas investment gains by the country’s ultra-rich, according to people familiar with the matter. Some wealthy individuals in ...

Rich Grossi has been replaced as chief executive officer of the corporates business unit by Sunil Biswas, who was previously chief product officer for commodities, according to a person with ...