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World's ultra-rich population jumps 12.9pcThe world’s ultra high net worth (UHNW) population – individuals with a net worth of $30 million or more – rose by 12.9 per cent to 255,810 in 2017, a sharp acceleration from a year earlier. More… |
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Abu Dhabi tops in number of rich households in MEAbu Dhabi boasts the highest number of households earning more than $250,000 in the Middle East with 270,686, said The Wealth Report, launched today, by Knight Frank. This number is forecast to grow seventh fas More… |
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Abu Dhabi tops in number of rich households in MEAbu Dhabi boasts the highest number of households earning more than $250,000 in the Middle East with 270,686, said The Wealth Report, launched today, by Knight Frank. This number is forecast to grow seventh fas More… |
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Prince Alwaleed remains richest Arab: ForbesSaudi Arabia’s Prince Alwaleed bin Talal remains the richest Arab with an estimated net worth of $18.7 billion, according to the Forbes Middle East. Forbes Middle East unveils in its April issue its 2017 rankings of the Worl More… |
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8 men control same wealth as poorest half of world: OxfamNew estimates show that just eight men own the same wealth as the poorest half of the world and as growth benefits the richest, the rest of society – especially the poorest – suffers, says an Oxfam report. The very des More… |
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8 men control same wealth as poorest half of world: OxfamNew estimates show that just eight men own the same wealth as the poorest half of the world and as growth benefits the richest, the rest of society – especially the poorest – suffers, says an Oxfam report. The very des More… |
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Qatar, UAE top in average wealth in MenaQatar recorded the highest average wealth per adult of $161,700 in mid-2016, while the UAE followed closely with $151,100, according to the Global Wealth Report 2016. Average wealth in Mena declined by 2.6 per cent in the 12 month More… |
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Richest 62 people own same as half world's populationThe wealthiest 62 people now own as much as half the world's population, some 3.5 billion people, as the super-rich have grown richer and the poor poorer, an international charity said on Monday. The wealth of the richest 62 p More… |
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Emirati super-rich 'donate $10m in lifetime'Emirati ultra-high net worth (UHNW) philanthropists donate on average of $10.2 million per person over the course of their lifetime, according to a new report by Wealth-X and Arton Capital. UHNW individuals globally donate $ More… |
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Decade-old rich-poor nation divide looms over climate talksAmong the stumbling blocks for a global climate deal in Paris is a decades-old UN view that divides the world into two camps - wealthy countries that bear the financial responsibility for climate change and developing nations that do not. More… |
