The number of billionaires soared during the pandemic. How tax proposals aim to reduce wealth inequality
As the number of billionaires has grown since the pandemic started, calls to “tax the rich” have increased. Here’s how those levies may work.
The surge in wealth among millennial heirs is creating new markets for wealth-management firms, luxury companies, travel firms and real...
Shares of French luxury group Kering sunk more than 9% Wednesday after the company warned that it expects a sharp downturn in...
Luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years, according to Redfin.
The rise of family office-style medical practices reflects the surge in wealth and growing demand for hyper-personalized, data-driven health care.
There are about 28,420 centimillionaires globally, largely concentrated in New York City, the Bay Area, Los Angeles, London and Beijing.
Sales of superyachts took a dive in 2023, as long waiting lists, soaring costs and Russian oligarch sanctions hit demand.