Tag - wealth

 
 

WEALTH

Moroccan youths from a collective calling itself GenZ 212 chant slogans, as they rally for a seventh straight day to demand reforms to public health care and education.
WORLD
Oct 5, 2025
Gen Z anger at ruling elites is erupting across the world
There has been a surge in Gen Z demonstrations in Africa and Asia against aging leaders and corruption.
Mitsubishi UFJ Financial Group is strengthening its focus on business catering to the rich, as a bullish Japanese stock market and recovering real estate prices have pushed up the number of such clients in recent years.
BUSINESS / Companies
Oct 3, 2025
MUFG is hiring more bankers in Japan wealth management push
MUFG is targeting clients with at least ¥300 million in total assets. The bank estimates that about 300,000 of its account holders fit that description.
Mizuho Securities President Yoshiro Hamamoto
BUSINESS
Sep 29, 2025
Mizuho vies with Nomura to manage money for Japan’s wealthy
Through its brokerage unit, Mizuho is targeting individuals with assets exceeding ¥500 million ($3.4 million).
U.S. President Donald Trump speaks to members of the media at the White House on Saturday.
WORLD / Politics
Sep 21, 2025
Trump shapes immigration gilded age with $100,000 H-1B fee
The U.S. president also unveiled a "Gold Card” visa program — where for the price of $1 million, individuals could get U.S. residency.
Sebastien Lecornu became France's fifth prime minister last week.
WORLD / Politics
Sep 18, 2025
Tax the rich or fall: French prime minister faces budget ultimatum
Sebastien Lecornu, who last week became France's fifth prime minister, is racing to draft a budget that is due to be sent to lawmakers by Oct. 7.
A high-end property in the fashionable Daikanyama district in Tokyo
BUSINESS / Markets
Sep 17, 2025
Wealthy foreign nationals picking up ultimate souvenir — a condo in Tokyo
Regardless of their motivations, foreign property buyers in Japan have come under the magnifying glass.
Elon Musk attends the opening ceremony of the new Tesla Gigafactory in Gruenheide, Germany, in March 2022.
BUSINESS
Sep 5, 2025
Tesla offers unprecedented $1 trillion pay package to Musk
The long-awaited proposal, designed to incentivize Musk to lead Tesla for years to come, sets a series of ambitious benchmarks he must meet to earn the full payout.
Houses in the Devonport area of Auckland in July last year
BUSINESS
Sep 1, 2025
New Zealand reverses course to let some foreign investors buy homes
The country will open its housing market to wealthy foreigners who invest in local businesses, reversing a previous ban in expectation it will boost economic growth.
The Burj Khalifa skyscraper (center left) and the Dubai skyline on Aug. 7
BUSINESS
Aug 25, 2025
Less tax, more luxury: millionaires flock to Dubai
The tightly-policed UAE has molded itself into a magnet for the wealthy, offering economic and political stability with an easygoing business environment.
Dubai, part of the United Arab Emirates, has become irresistible for the world’s richest people.
BUSINESS / FOCUS
Jul 28, 2025
World’s rich ignore Middle East strife to bet on Dubai and Abu Dhabi
Europeans have turned to the United Arab Emirates to seek respite from economic uncertainties, while some Chinese have begun looking beyond long-favored hubs like Singapore.
Britain’s abolition of the "nondom" tax regime has triggered an exodus of wealthy residents to tax-friendlier countries like Italy, sparking warnings of lost revenue, diminished appeal and a missed chance to reform the system more effectively.
COMMENTARY / World
Jul 14, 2025
The ultrarich move in herds. Just ask London.
The beneficiaries are countries such as Italy, which is attracting wealthy foreign residents with an annual flat fee of €200,000.
Donald Trump addresses the Bitcoin Conference in Nashville, Tennessee, in July last year.
WORLD / Politics
Jul 6, 2025
Cashing in on his comeback, Trump rescues frail finances
Contrary to the president’s assertions, records filed in a fraud case against him suggest that his riches were not the product of a steady and strong empire.
Roger Federer salutes the crowd prior to an exhibition match in Shanghai last October.
TENNIS
Jun 29, 2025
Roger Federer's long-term deals make him a tennis billionaire
Federer, who won 20 Grand Slams between 2003 and 2018, amassed $130.6 million in prize money during a 24-year playing career, but made far more off the court.
Following domestic economic instability after the real estate market’s 2020 collapse, and global geopolitical uncertainty, wealthy Chinese have sought to establish bases in other countries, including Japan.
BUSINESS
Jun 26, 2025
Japan among most attractive Asian nations for uber-wealthy
The standard of living, health care, and safety and security make Japan attractive to wealthy Chinese expatriates, with Tokyo, Osaka, Kyoto and Kobe their main destinations.
A large banner against Amazon founder Jeff Bezos on the ground in St. Mark's Square, ahead of the expected wedding of Bezos and Lauren Sanchez, in Venice, Italy, on Monday
BUSINESS
Jun 24, 2025
Jeff Bezos's gala wedding in Venice draws criticism from locals and activists
Some Venetians see the celebration as the latest sign of the brash commodification of a beautiful but fragile city long overrun with tourism and depopulating.
Sumitomo Mitsui Banking will be one of the funding sources for a wealth management joint venture by Sumitomo Mitsui Financial Group and SBI Holdings.
BUSINESS / Companies
Jun 16, 2025
Sumitomo Mitsui and SBI to launch wealth management joint venture
Policymakers in Japan are encouraging individual investors to put more of their money in riskier assets such as equities.
People protest as a guest arrives to a private dinner with U.S. President Donald Trump and buyers of his cryptocurrency tokens at Trump National Golf Club in Sterling, Virginia, on May 22.
WORLD / Politics
Jun 14, 2025
Trump reports tens of millions in income from crypto ventures
The U.S. leader's first financial of his second term showed income from various assets, including Trump's properties in Florida.
Sales of luxury properties in Tokyo, like Azabudai Hills’ Aman Residences, have pushed up average real estate prices in the capital.
BUSINESS / Companies
May 27, 2025
Luxury Tokyo penthouse sold for over $65 million in new record
Home prices in Tokyo have been on a broad upward trend, driven by rising construction costs and a limited supply of new buildings.
A Boeing 747 from Qatar at Palm Beach International Airport, following President Donald Trump’s tour of the plane, in West Palm Beach, Florida, on Feb. 15. The president and his family have profited from the White House more than any other occupant, normalizing activities that once would have provoked heavy blowback and official investigations.
WORLD / Politics
May 26, 2025
As Trump family monetizes presidency, profits outstrip protests
The scale and the scope of the presidential mercantilism has been breathtaking.
Britain's King Charles inspects a guard of honor in Edinburgh, Scotland, last July. The rising cost of the British monarchy, marked by increased taxpayer funding and limited transparency, is prompting questions about whether the public is getting fair value for supporting the royals.
COMMENTARY / World
May 21, 2025
A king’s ransom: The eye-watering cost of Charles III
Brits should be told how much their royals’ extravagant lifestyles are costing them.

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Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?