Democratic proposals like those from Senators Bernie Sanders, Elizabeth Warren and Representative Alexandria Ocasio-Cortez targeting the wealthy do not make sense, just ask New York’s Democratic Governor Andrew Cuomo. “I see the Democrats pursue really economically illiterate proposals just because they think they sound good politically,” said Kevin Hassett, an economic advisor to President Trump. Mr. […]
Survey: Majority of Wealthy Investors Expect to Live to 100 anni $UBS More than 50% of the world’s wealthy investors expect to live to the age of 100, with nearly 67% planning to work longer in life to afford a comfortable retirement, according to a survey released Thursday. The UBS Investor Watch, which tracks the sentiments of […]
No to Tax Hike on Wealthy Coming US Treasury Secretary Steven Mnuchin says The Trump Administration is not considering a tax increase on wealthier Americans, knocking down a report that White House adviser Steve Bannon had floated the idea as a way to pay for tax cuts for middle-income taxpayers. “I have never heard Steve […]
The Super Rich Defy Convention, Take Risks, Work Better, Harder Most people think of the world’s super rich as super successful, disciplined, people who have greater opportunities than the average guy or gal. Money is not always a measure of success, we cannot deny that those who have amassed billions of USDs have experienced great […]
Dubai Among the Top 20 ‘Important’ Cities for the World’s ultra-Wealthy Globally, London emerged as the most important city for UHNWIs Dubai was ranked as among the Top 20 cities that “matter” to ultra-high net worth individuals (UHNWIs), according to consultancy Knight Frank’s annual Wealth Report. The City Wealth Index ranked cities on four measures […]
Millionaires in Record Numbers Head to Australia A record 82,000 millionaires moved to another country last year, with Australia picking up the wealthiest residents, according to reports. Australia is now the world’s Top destination for millionaires, with 11,000 moving there last year. The US has 10,000 new millionaires, while Canada was 3rd on the list […]
Dubai to Overtake London as Top Pick for Wealthy GCC Investors Softening prices in Dubai was cited as the top reason for its increase in attractiveness Dubai’s property market is set to overtake the international destinations of London, New York and Singapore as the Top choice for the GCC’s wealthiest investors next year, a report […]
David Copperfield Buys Home in Las Vegas for Record Price Local Las Vegas news sources reported that David Copperfield just closed on a luxury home in the Las Vegas Valley for the stunning price of $17.55-M the highest price ever paid for a Las Vegas residence on record. The 4-story home hadn’t been publicly listed. […]