Record 91 heirs become billionaires as wealth taxes rejected
A new UBS report reveals a record 91 people inherited billionaire status this year, as France and Switzerland reject new taxes on the ultra-wealthy. Explore the global wealth transfer.
Category : Search result: Elon Musk wealth
Record £73bn Wealth Exodus After Reeves Budget
Chancellor Rachel Reeves's budget triggers a historic talent and capital flight, with £73bn leaving the UK. Analysis reveals soaring emigration and economic strain. Read the full report.
UK Tax Budget Fuels Capital Flight and Investor Doubt
A new £26bn tax-raising Budget is driving wealth creators abroad, with 142,000 millionaires forecast to leave. Analysis warns of long-term damage to UK investment and competitiveness.
Wealth Tax Protesters Dump Manure at The Ritz Christmas Tree
Activists from Take Back Power dumped manure under The Ritz's Christmas tree in a protest against inequality. They demand a 'House of the People' to tax extreme wealth. Read the full story.
Miami's Billionaires' Row Exodus Over 'Mamdani Effect'
Miami's elite Indian Wells neighbourhood sees a wave of property sales as wealthy residents flee potential new taxes. Discover the impact of the so-called 'Mamdani Effect'.
Future Fund CEO questioned over $20k hotel stay
Future Fund CEO Raphael Arndt faces parliamentary scrutiny over a $20,000 hotel stay for a staff member on a US 'scoping trip'. Watch the video and read the full report.
Future Fund's £20k Business-Class Hotel Scouting Trip
Australia's Future Fund faces scrutiny after spending £20,000 on a business-class trip for a former assistant to scope US hotels. Read the full investigation into the sovereign wealth fund's expenses.
Budget 2025 sparks debate over wealth and welfare
Readers react to the latest Budget, with some praising its shift away from rewarding the wealthy, while others question its impact on food prices and the economy. Have your say.
Nobel winner Stiglitz declares global inequality emergency
Nobel laureate Joseph Stiglitz warns rising inequality destabilises nations. His G20 blueprint offers economic renewal through tax reform and climate action. Read the urgent call.
Two-Tier Holiday Season: Wealth Gap Impacts Spending
A tale of two economies this festive season as high earners in affluent areas spend freely while others struggle with debt and inflation. Discover the data shaping UK retail.
£7 Trillion UK Wealth Transfer Changes Money Control
A £7 trillion wealth shift is moving from older generations to younger Britons, with women inheriting more than ever. Discover how this transfer impacts families and why expert financial advice is crucial.
Budget Plasters Fail to Heal Economic Wounds
Rachel Reeves' £26bn budget offers temporary relief but fails to address Britain's fundamental economic flaws. Without systemic reform, the bleeding continues.
LTAFs Set to Win Over Wealth Clients, Carne CEO Says
Long-Term Asset Funds are gaining traction with wealth managers as Carne Group's CEO reveals growing interest. Discover how these vehicles could reshape investment strategies.
Wealth investors fuel private markets growth surge
Carne Group CEO predicts 20% private markets growth driven by wealth managers and private banks. Discover how regulatory changes are reshaping investment strategies.
BNY Wealth Boss: From Factory Floor to Finance
Jose Minaya, BNY's global head of investment and wealth, reveals his incredible journey from stock boy to top finance executive and shares his views on London's property market.
Castore CEO warns income tax freeze hurts entrepreneurs
Castore co-founder Tom Beahon criticises Chancellor Rachel Reeves' income tax threshold freeze, warning it disincentivises wealth creators. Discover how this Budget move impacts growth.
Green Party's Polanski revives Corbyn-era economic policies
Green Party leader Zack Polanski's calls for wealth taxes and nationalisation mirror Jeremy Corbyn's rejected policies, sparking concerns about history repeating in UK politics.
Labour tax hikes fuel exodus of wealthy Brits
Business Secretary Peter Kyle admits Labour's tax policies are causing a wealth exodus. Read the full analysis of the budget concerns and business reactions.
Musk's Government Efficiency Department Closes Early
Elon Musk's Department of Government Efficiency has been dissolved months before its scheduled end date, with staff moved to other roles. Discover what happened.
Halifax Demands Focus on North in Budget
As the Chancellor prepares the budget, people in Halifax voice their priorities: investing in northern towns, tackling wealth inequality, and supporting the night-time economy.
Halifax demands change ahead of budget
Ahead of the budget, Halifax residents voice their fears and priorities, from wealth inequality to small business support. Discover what the chancellor must address.
X Tool Reveals Foreign-Based Maga Influencers
Elon Musk's X platform unveils a new transparency feature, 'about this account', exposing prominent Maga personalities operating from Russia, Nigeria, and India.
Trump's Doge Department Disbanded Eight Months Early
Elon Musk's government efficiency department (Doge) has been quietly dissolved with eight months remaining on its contract after laying off 200,000 federal workers. Discover the full story behind its abrupt closure.
Campaigners demand wealth tax on super-rich in UK
Coalition including Tax Justice UK delivers petition calling for wealth tax on billionaires. Could new taxes raise £60bn annually to address Britain's growing inequality crisis?
Reeves Under Pressure for Wealth Tax in Budget
Chancellor Rachel Reeves promises to address cost of living crisis while facing calls from political rivals to implement wealth taxes. Autumn budget expected to include tax threshold freezes.
Musk's Grok AI Praises Him as World's Best, Then Deletes Posts
Elon Musk's Grok AI told users he was fitter than LeBron James and smarter than Da Vinci in a series of now-deleted posts, raising questions about the chatbot's objectivity. Discover the full story.
Bay Area poverty rate jumps to 16.3% in 2023
New data reveals the San Francisco Bay Area's poverty rate surged to 16.3% in 2023, with 1.02 million residents now living in poverty. Discover how the cost of living crisis is affecting California.
JPMorgan's New UK Private Bank Boss Begins Role
JPMorgan appoints new UK private banking head as wealth management expands. Discover the strategic moves shaping London's financial landscape.
French probe into Grok AI's Holocaust denial comments
French authorities expand investigation into Elon Musk's Grok chatbot after it spread Holocaust denial content on X platform. Learn about the legal implications.
JPMorgan aims to double UK private banking business
JPMorgan's UK private banking head reveals ambitious five-year growth strategy to double business, focusing on wealthy entrepreneurs and international clients.
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