High-net worth individuals

Joe Lewis: British Billionaire Who Admitted to US Insider Trading Argues He Shouldn’t Go to Jail

British billionaire Joe Lewis pled guilty to insider trading and sought supervised release for three years and a $5 million punishment instead of jail time.


EQT Plans to Divest 20% Stake in Ottobock to Its Existing Major Shareholders

Swedish global investment company EQT will return 20% of Ottobock's investment to its significant shareholders...

London Stock Exchange Group Plans to Increase CEO Pay

The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies...

Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS

Swiss bank Banque Pictet has acknowledged its involvement in a conspiracy with US taxpayers to conceal over $5.6 billion from the Internal Revenue Service (IRS)...


Latest News

Twitter CEO earns brownie points with stock giveback
Twitter CEO Jack Dorsey gives away a third of his stock in the online messaging service to employees. The move, seen by many as an effort to win staff support, comes just a week after Dorsey laid off
Carl Icahn will spend $150 million to lobby the congress
The billionaire and activist investor, Carl Icahn announced that he is trying to lobby the congress to pass a new tax reform law that will not allow any US corporation from running business overseas j
Mark Zuckerberg speaks at UN: Internet access can eradicate extreme poverty
Facebook Founder Mark Zuckerberg recently spoke at UN and says there is more that can be done that's why he and Microsoft founder Bill Gates, along with Wikipedia founder Jimmy Wales, and U2 front man
Asia Pacific Region has more millionaires than North America
The current Asia-Pacific Wealth Report 2015 showed Asia Pacific has a larger number of high net worth individuals compared to North America. A recent study indicates Asia Pacific region had exceeded N
Egyptian billionaire Naguib Sawiris plans to buy an island for Syrian refugees; wants to name it 'Ilan'
Naguib Sawiris, the third richest man in Egypt announced he wants to buy an island either in Greece or Italy to relocate refugees from the war zone, Syria. He wants to name it 'Ilan' to remember Aylan
Minecraft creator expressed existential meltdown on Twitter, feeling unmotivated, isolated
In just 135 characters, Minecraft creator Markuss Persson has expressed his feelings of existential meltdown on Twitter Saturday:
Donald Trump still undecided to sign South Carolina's Republican Party pledge
South Carolina - The Republican billionaire presidential candidate, Donald Trump, on Thursday, said he would decide in time if he will sign a pledge for the Republican presidential nominee. South Caro
Billionaire investor Icahn says 'no' to Trump's Treasury offer
Billionaire investor Carl Icahn said thanks but no thanks when real estate mogul turned Republican presidential candidate Donald Trump floated his name for U.S. Treasury secretary.
Lunch with Warren Buffett auctioned for $2.35 million
The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.
Top U.S. CEOs reaped billions from stock gains in recent years, Reuters analysis shows
CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, accor
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