Jeff Bezos’s wealth hits a new high of $171BILLION as Amazon stock soars amid the pandemic

Jeff Bezos’s wealth hits a new high of $171BILLION as Amazon stock soars amid the pandemic Jeff Bezos’s fortune soared to a new record high of $171.6billion on Wednesday On Wednesday Amazon’s stock surged 4.4 percent to a record $2,878 value Bezos’s fortune beats his previous high of $167.7billion on September 4, 2018 His net … Read more

Fundsmith fails to make Hargreaves Lansdown’s new Wealth Shortlist

Hargreaves Lansdown has relaunched its best buy fund list just over a year after it was heavily criticised for sticking with Neil Woodford’s stricken fund for too long. The new Wealth Shortlist replaces Britain’s biggest DIY investing platform’s Wealth 50 list, but there is still no place for one of Britain’s favourite funds, Terry Smith’s … Read more

Kim Kardashian’s wealth overtakes Kylie Jenner’s with Coty deal

Kim Kardashian’s beauty brand has been valued at a billion dollars, with the mogul now overtaking the wealth of her younger sister Kylie Jenner.  The mogul, 39, has just inked a deal with Coty Inc. to sell a 20 per cent stake in the company, which sells make-up and fragrances, for $200million.  The deal is … Read more

Tammy Hembrow SLAMS an Instagram troll after they questioned her wealth

‘Made my first mill at 20 years old’: Instagram superstar Tammy Hembrow SLAMS an online troll after they had the cheek to question her wealth By Ali Daher For Daily Mail Australia Published: 09:14 BST, 28 June 2020 | Updated: 09:15 BST, 28 June 2020 She’s the social media superstar with over 11.4million Instagram followers. … Read more

Saudi Arabia’s sovereign wealth fund buys BT shares

Saudi Arabia’s sovereign wealth fund snaps up shares in BT as it searches for stockmarket bargains By Daily Mail City & Finance Reporter Published: 21:55 BST, 21 June 2020 | Updated: 21:55 BST, 21 June 2020 Saudi Arabia’s sovereign wealth fund has snapped up shares in BT as it searches for stockmarket bargains.  The kingdom’s … Read more

Is a Wealth Tax in the UK a realistic option?

Paul Falvey is a tax partner at accountancy and business advisory firm BDO In recent weeks, there has been lots of talk about whether tax increases should be introduced in order to pay for the economic impact of the recent crisis. Unsurprisingly, this has resulted in discussions about whether the so-called ‘wealthy’ should bear the … Read more

Author pens fascinating tome charting the history behind his family’s wealth

Author who discovered his ancestors were slave owners in Jamaica after finding a box of centuries-old papers pens fascinating tome charting the history of their rum business which made the family rich Richard Atkinson uncovers the history of his ancestors in a new history book He was inspired after discovering a box revealing his family … Read more

Ministers weigh up sovereign wealth fund for regions

Creation of £25bn sovereign wealth fund being actively considered by ministers to reboot regional companies in wake of coronavirus pandemic By Daily Mail City & Finance Reporter Published: 21:50 BST, 24 May 2020 | Updated: 22:15 BST, 24 May 2020 The creation of a £25 billion sovereign wealth fund is being actively considered by ministers … Read more

The Defensive Dozen – 12 funds will protect your wealth AND grow

With stock market uncertainty lying ahead over global trade wars, oil price shocks, recession worries and Brexit, where should investors turn who are looking for a safe place for their money come rain or shine? The Mail on Sunday has crunched the numbers, with the help of experts at broker AJ Bell, to bring you … Read more

Britain’s plan for £25bn sovereign wealth fund

Britain could be poised to launch its first ever sovereign wealth fund under plans being examined by the Government, The Mail on Sunday can reveal. Officials are understood to be ‘actively considering’ a £25billion taxpayer-backed fund to reboot struggling regional firms in the wake of the coronavirus crisis. Under the plan, the Government would buy … Read more