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From media and entertainment to fashion, thousands of business people have joined the billionaire club in the past decade, but some industries have been much wealthier than others, according to an analysis by visualcapitalist.com. It highlights...

There were over 2,700 billionaires worldwide as of April 2024, with a combined net worth of $14.2 trillion, according to Forbes estimates. But even among the ultra-rich, wealth is far from evenly distributed, with significant concentration in...

Ursula von der Leyen took the first step on Wednesday towards mobilizing European citizens' savings from bank deposits to finance European industry and the defense industry. The 800 billion euros needed annually to implement Draghi's plan...

The Governor of the National Bank of France, Francois Villeroy de Galhau, has sparked strong reactions in the French press after recently declaring at the World Economic Forum in Davos that 300 billion euros need to be mobilized to finance the...

Prosecutors have not yet been able to prove a direct link, even the slightest, between Călin Georgescu and the financiers of his campaign on social media, nor between him and the actions that were to take place in the capital on Sunday evening by...

New revelations question the independence and political past of Călin Georgescu, a candidate who entered the presidential final. The evidence suggests a close connection with neo-legionary groups, raising concerns about the ideological influences...

The wealth of the world's billionaires has increased in the last ten years, according to data from a study published yesterday by the Swiss banking group UBS AG, according to DPA.

The distribution of personal wealth varies significantly across the world's regions, reflecting economic disparities driven by differences in development, resource availability and access to finance, according to an analysis by...

In 2024, two reports were published, prepared at the request of the European Commission. The first report, coordinated by Enrico Letta, is entitled "More than a Market" and refers to the transformation of the single market into a true...

Poverty is one of the major "diseases" of the beginning of the 21st century. The interweaving of crises accentuates the gulf between opulent wealth and abject poverty. Over a billion people worldwide live in conditions of acute poverty,...

Elon Musk could become the world's first trillionaire by 2027, according to a recent report by Informa Connect Academy, cited by visualcapitalist.com. The report shows the projected path for the Tesla CEO and other billionaires to surpass the...

Monaco, Italy, Switzerland or Dubai are just a few destinations that are trying to lure the very rich from Great Britain, where changes to the tax regime are being prepared, writes CNBC.

Norway's Sovereign Investment Fund, formally known as the Global Government Pension Fund, is the world's largest sovereign wealth fund, managing $1.7 trillion in assets at the end of August 2024, according to data on the Bank's...

Central banks play a crucial role in maintaining stability and economic growth by implementing stable monetary policies and ensuring financial stability, according to an analysis by indianexpress.com, which presents Top 10 richest global central...

In a year when more than four billion people are eligible to vote in global elections, geopolitical concerns have emerged as a top concern for central banks and sovereign wealth funds, according to a report by asset management company Invesco....

The future members of the Directorate of the national company Transelectrica SA - whose selection procedure is underway - would satisfy the short-term and long-term political interests of the PSD-PNL governing coalition, sources from inside told...

Averea financiară a românilor va creşte cu o rată medie de aproximativ 9% în următorii cinci ani, cu un punct procentual mai rapid decât media prognozată pentru Europa de Est şi cu trei puncte procentuale peste rata medie de creştere globală...

• The planet does not have enough Jews 

The world's major economic powers, the US and China, are home to the majority of dollar millionaires in absolute terms, but there are other countries where the millionaire population, although small in number, is growing at the fastest rate....

The world's wealthiest cities are now financial and technology centers, attracting affluent residents to thriving metropolitan areas. Given the flow of wealth and high demand for premium properties, it's no surprise that these cities have...

The United Arab Emirates (UAE) will attract, in 2024, the most millionaires, i.e. high-net-worth individuals (HNWI), while China and Great Britain will lose the largest number of such people, according to the latest Henley Private Wealth...

• Israel stuck 

The United Arab Emirates (UAE) has the largest holdings of cryptocurrencies in the world, with the country's government considered very friendly to crypto assets, according to visualcapitalist.com, which cites data from Triple-A - a crypto...

A recent report by property consultancy Knight Frank shows the minimum net worth a person would need to own in 2023 to be considered part of the 1% - the richest people in a country - and the results differ significantly , according to Statista....

Riyad Bank is considering selling shares in its investment banking arm, Riyad Capital, joining a steady stream of companies calling on the Saudi stock market amid strong demand for IPOs in the Gulf, according to Bloomberg .

The wealth of the richest 1% of Americans reached a record $44.6 trillion at the end of the fourth quarter of last year, thanks to the growth of the stock market, according to the latest data published by the Federal Reserve, writes CNBC.

Two years after the full-scale invasion of Ukraine, Russia still faces an unprecedented number of economic sanctions, has been shut out of major global financial services and has had around 260 billion euros of central bank assets frozen.

January was the sixth consecutive month that foreign investors sold shares listed in China, according to a Bloomberg report, writes Business Insider. Last month, global funds sold 14.5 billion yuan -- about $2 billion -- of Chinese stocks as...

The world's five richest people saw their wealth more than double from 2020 to the latter part of last year, according to a report by Oxfam, an organization that calls for reducing "corporate power," according to CNBC.

Radu Soviani: Mr. Peiu, how did you come into the mandate at SIDEX more than 20 years ago, and what challenges did you face at that time?

Radu Soviani: You say that the grand privatization program should actually be called the grand nationalization program. Why is that?

Unele dintre cele mai bogate ţări din lume - Franţa, Islanda, Norvegia, Elveţia şi Marea Britanie - au înregistrat creşteri semnificative ale sărăciei în rândul copiilor în perioada 2014-2021, potrivit datelor publicate de UNICEF Innocenti -...

Radu Soviani: Mr. Coşea, 30 years since the onset of mass privatization, how do you perceive this phenomenon and set of actions?

Radu Soviani: Mr. Stolojan, how does mass privatization look now compared to the initial intentions for this program?

The application of a global tax of 2% on the assets of the 499 billionaires in the European Union would generate budgetary revenues of approximately 42.3 billion dollars (40 billion euros) for the European states, compared to the 6 billion...

The planet's richest, the so-called high net-worth individuals (HNWI), traveled less than usual during the pandemic, so the dynamics of their migration decreased during that period. But now, US dollar millionaires and billionaires have...

Even though they are no longer booming, as they were when cryptocurrencies were at the height of their popularity, they remain a preferred form of investment for many people, especially young ones. About 425 million people worldwide have holdings...

The government will carry out two budget corrections this year, the first to be in September, according to sources from the Executive quoted by DC Business. According to them, the Ministry of Development, Public Works and Administration and the...

Warren Buffett spunea odată că doar atunci când se retrage valul se vede cine înoată gol. Valul de lichiditate a crescut şi a fost mai mare ca niciodată în ultimul deceniu, pe fondul intervenţiilor permanente ale marilor bănci centrale,...

Bunăstarea financiară globală a înregistrat un nou record în 2020, în creştere cu 8,3%. Pe fondul pandemiei Covid-19, performanţa puternică a pieţei bursiere şi creşterea economiilor de către persoanele fizice au alimentat un progres al...