Rich List

The gap between rich and poor nations is growing even wider as actions agreed to by many countries last year, including overhauling the major global financial institutions, remain unfulfilled promises, a UN report concluded. The report assessing the blueprint adopted in Seville, Spain, last June to narrow the gap and achieve UN development goals for 2030 was issued ahead of next week's spring meetings in Washington of the International Monetary Fund (IMF) and the World Bank, the main global financial institutions promoting economic growth. The managing director of the IMF, Kristalina Georgieva, said it had been prepared to upgrade global growth, but the Iran war has now darkened the outlook for the world economy. Li Junhua, the UN undersecretary-general for economic and social affairs, said the geopolitical tensions were compounding the struggles of developing countries to attract financing. "This is an extremely perilous time for international cooperation, as geopolitical ...

Ellison's wealth shot up 30 per cent on Wednesday -- the biggest one-day increase ever recorded -- while he has seen a 99 per cent increase in his wealth so far this year

NSE, Bharti Airtel storm into top 10 for the first time in Axis Bank's Burgundy Private and Hurun India list; Motilal Oswal Financial Services was the fastest-growing company, the report suggests.

A report by Fortune India-Waterfield Advisors said that the wealth of dollar billionaires in India jumped 50 per cent in just under three years

British Prime Minister Rishi Sunak and wife Akshata Murty, who made their debut in the annual Sunday Times Rich List' two years ago, have moved up the ranks in the 2024 edition released on Friday thanks to the Murty's lucrative Infosys shareholding. The couple, both 44, have risen from 275th last year to 245th with an estimated wealth of GBP 651 million, making them the wealthiest people to call 10 Downing Street home. Murty's earnings are said to far exceed that of her husband as financial statements published in February are quoted to say Sunak made GBP 2.2 million in 2022-23 compared to Murty's estimated GBP 13 million in dividends over the past year. The couple's most valued asset is Murty's shareholding in Infosys, a Bangalore-based IT company co-founded by Murty's father [Narayan Murthy], reads the newspaper's analysis. Over the past year, the shares have grown in value by GBP 108.8 million to nearly GBP 590 million. The latest annual report suggests that Murty received about

This is an option nowadays not not just for chefs burned out by the daily grind of restaurants, but accountants, investment advisers, personal shoppers

Wealth shared by UK billionaires climbed to £683.856 billion, £30.734 more than in last year's Rich List

Vohra stood at the 1,036th spot in the IIFL Wealth Hurun India Rich List 2022, with a net worth of Rs 1,000 crore

Fortune and Waterfield collected details of listed and unlisted wealth, additional information regarding investments outside of the listed business

While India had 764,000 dollar-millionaires in 2019 by one account, just 316,000 filed tax returns declaring income of over $75,000. Large-scale I-T evasion may still be taking place, notes T N Ninan

Mukesh Ambani's family net worth was estimated to be $108 billion on Tuesday against Gautam Adani net worth of $92 billion

No Covid-induced gloom as British-Asian businesses record over 20% rise in combined wealth in 2021

Among the unicorns entering the list for the first time, the most notable names are BrowserStack's promoters

The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020

Reclusive investor and billionaire Radhakishan Damani who owns retail chain DMart is now among the 100 richest people in the world

For them, not only has it been relatively easy to carry out their white-collar jobs from home

Kotak Wealth Hurun-Leading Wealthy Women features eight dollar billionaires and 38 women with wealth of Rs 1,000 crore and above

China-based Hurun Research's report tracks wealth changes of successful entrepreneurs in the four months ending May 31.

Inequality between the very richest and the rest correlates with greater innovation. But we mustn't let the top level become a closed shop

While 79 percent Indian UHNWIs prefer the UK as the destination for investment in property, 39 percent of the respondents have given preference to the US