Mark Zuckerberg Tops Warren Buffett to Becomethe Worlds Third-Richest Person

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Facebook Inc. co-founder Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com Inc. founder Bill Gates, eclipsed Buffett Friday as Facebook shares climbed 2.4 percent, according to the

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Trump and Kim Can Learn a Thing or Two From Singapore

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U.S. President Donald Trump and North Korean leader Kim Jong Un are spending such a short amount of time in Singapore this week. Maybe they should stick around longer to see what makes its economy tick. Singapore is an especially wealthy nation, with a per capita income of bonuses attached that can double that sum […]

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The Rich Are Betting On Living to 100

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survey, 53 percent of wealthy investors said they expected to live to 100. Hitting triple digits won’t be easy, but it’s not as outlandish as it used to be. The average Japanese woman now has a life expectancy of 87, OECD study in the Journal of the American Medical Association found. For men, the gap […]

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For Chinas Wealthy, Singapore Is the New Hong Kong

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When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as the favorite destination for the wealth of China’s rich. At stake for banks in both […]

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Should the Upper Middle Class Take the Biggest Tax Hit?

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Humans learn the concept of fairness at a very young age. After all, it doesn’t take long for a child to start whining about a sibling who gets an extra serving of ice cream. As the Republican-controlled Congress tries to push through tax reform this year, one group of Americans may similarly question why it’s coming up a scoop […]

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