Tag - wealth

 
Menu
Search
 
July 04, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

WEALTH

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.
The yen slumped more than 2% on Monday alone, nearing ¥150 to the dollar, after the U.S. and China temporarily lowered tariffs, triggering a reversal of bearish dollar bets.
BUSINESS / Economy
May 15, 2025
Rich Japanese still fear yen crash, wealth manager says
Japan's most prosperous households are still scarred by the market’s collapse in the early 1990s.
A pullback by some of Asia's richest families from U.S. assets marks a rapid change from just a few months ago, when many in region’s business elite cheered U.S. President Donald Trump’s election win, sending share prices at banks and major tech firms to record highs.
BUSINESS / Economy
May 9, 2025
Asia’s superrich rapidly scale back U.S. exposure amid trade war
The pullback marks a rapid change from just a few months ago, when many in the region’s business elite cheered the election win of U.S. President Donald Trump.
The consumption and investing habits of the world's richest 10% consume and invest has substantially increased the risk of deadly heat waves and drought around the world, according to new research.
ENVIRONMENT / Climate change
May 8, 2025
World's richest 10% caused two-thirds of global warming, study finds
How the rich consume and invest has substantially increased the risk of deadly heat waves and drought.
In a world where capital and rich individuals can cross borders freely, only international cooperation can ensure that multinational corporations and the superrich are fairly taxed.
COMMENTARY / World
May 7, 2025
America is becoming the world’s largest tax haven
Trump is turning the U.S. into a tax haven by weakening enforcement, deregulating crypto and abandoning international tax cooperation, favoring secrecy and the ultrarich.
Former Prime Minister Taro Aso has the most assets among Lower House members, at ¥601.53 million ($4.1 million), according to a Jiji Press tally of asset reports filed after the general election in October last year.
JAPAN / Politics
Apr 7, 2025
Lower House members' assets hit record low: Jiji
The decrease reflects the retirement or electoral defeat of major asset holders in last year's general election, and the debut of new lawmakers.
Sources say a hui suo — a private club, which in Japan caters mainly to Chinese businesspeople — will soon open on the upper floors of the Moutai Building in the Ginza district of Tokyo.
JAPAN / Society
Mar 16, 2025
Private clubs quietly open in Tokyo for free-spending Chinese businesspeople
With the economy weak in China and opportunities harder to come by there, more wealthy individuals have been flocking to Japan.
Nomura Holdings is moving to a new office in Dubai, with double the space at its previous location, and hiring in Singapore, to expand its wealth business.
BUSINESS / Companies
Mar 12, 2025
Nomura expands in Singapore and Dubai as global business turns profit
The Tokyo-based firm is seeking to more than double assets under management at the global unit to $60 billion, and expects its relationship manager headcount to grow by about 50.
Voters believe they are active participants in democracies, but the real power is concentrated in the hands of the few.
COMMENTARY / World
Mar 12, 2025
Social media and playing at democracy
Voters believe they are active participants in democracies, but the real power is concentrated in the hands of the few.
Data show that the policies of Japan’s last decade or so have served the rich better than the vast majority of the country’s households.
BUSINESS
Feb 14, 2025
Assets of Japan’s wealthiest jump to a record $3 trillion
Between 2011 and 2023, the wealth of Japan’s rich more than doubled and super rich tripled.
Shadrack Maseko, whose family has been residing on Meyerskop farm for three generations, looks over a piece of land, in Free State province, South Africa, on Sunday.
WORLD / Politics
Feb 11, 2025
The stark inequalities South Africa's new land act seeks to bridge
Nearly three quarters of privately-owned land is in the hands of white people who make up 8% of the population, while only 4% is owned by Black people who constitute nearly 80%.
The Auckland city skyline in 2021
BUSINESS
Feb 10, 2025
New Zealand changes ‘golden visa’ to lure wealthy migrants
As well as dropping the English language test, other potential barriers to investment such as the amount of time investors must stay in the country will be adjusted.
In 2024, child mortality for children before the age of 5 reached a record low of 3.6%, down from over 25% in 1950. For most of history, about half of all newborns died as children.
COMMENTARY / World
Jan 22, 2025
Even this year is the best time ever to be alive
Another way of looking at it: Every day over the past couple of years, roughly 30,000 people moved out of extreme poverty worldwide.
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Onosato's yokozuna promotion causes rare quirk in new sumo rankings
Newly promoted yokozuna Onosato holds a copy of the latest banzuke ranking in Anjo, Aichi Prefecture, on Monday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Over 900 earthquakes strike Tokara islands in space of two weeks
A screenshot shows many quakes occurring in the Tokara islands over the past 30 days, in this image taken from the U.S. Geological Survey website.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

SUSTAINABLE JAPAN

Looking ahead to Yokohama’s Green × Expo 2027
Looking ahead to Yokohama’s Green × Expo 2027

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER