Latest in Sovereign Wealth
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World's largest sovereign wealth fund invests $740 million in London's Covent Garden
Norway's $1.8 trillion sovereign wealth fund on Thursday said that it struck a deal to buy a quarter of London's iconic Covent Garden.CNBC - Mar. 20 -
Norway’s sovereign wealth fund buys a quarter of London’s Covent Garden
Shaftesbury Capital sells stake in estate, which includes shops, market and transport museum site. Business live latest updates Norway’s sovereign wealth fund, the world’s biggest, has made a ...The Guardian - Mar. 20 -
PwC and Saudi Arabia’s sovereign wealth fund clash over hiring of executive
‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firmFinancial Times - Mar. 7 -
Indonesia names billionaire investor Ray Dalio as sovereign wealth fund adviser
Investors voice concern over governance at fund expected to manage state assetsFinancial Times - 3d -
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.The New York Times - Mar. 13 -
Trump's ambassador pick says "Canada is a sovereign state"
"Canada is a sovereign state, yes," Pete Hoekstra said during his confirmation hearing Thursday.CBS News - Mar. 13 -
How a reverse mortgage affects generational wealth
When used strategically, a reverse mortgage can support generational wealth while allowing you to age in place.CBS News - Mar. 13 -
Women will get most of the $124 trillion 'great wealth transfer.' Here's why
Women stand to benefit disproportionately from the greatest generational wealth transfer in history, studies show.CNBC - Mar. 12 -
Women will get most of the $124 trillion 'great wealth transfer.' Here's why.
As part of the ‘great wealth transfer,’ more than $100 trillion is projected to change hands in the coming decades.NBC News - Mar. 12 -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - Mar. 10 -
Wealth managers dump investment trust shares
But retail investors buy into the troubled sectorFinancial Times - Mar. 8 -
Trump Promised Americans Booming Wealth. Now He’s Changing His Tune.
President Trump’s sweeping promises are running headlong into the reality of governing.The New York Times - Mar. 11 -
HSBC and UBS expand India wealth management arms after IPO boom
Banks to offer bespoke services and cater to households outside big cities as record listings create new millionairesFinancial Times - Mar. 17 -
UK Treasury omits defence from National Wealth Fund priority sectors
Decision comes even as government joins other European countries in seeking to raise military spendingFinancial Times - Mar. 19 -
Wealth and Warfare Empower a Rwanda-Backed Militant Group in Congo
The M23 militia is ruling over a vast stretch of territory in the eastern part of the Democratic Republic of Congo, threatening the sovereignty of the biggest country in sub-Saharan Africa.The New York Times - Mar. 20 -
Friendships that bridge wealth divides help social mobility, study finds
Children from poorer families growing up amid a mix in income groups are likely to earn more as adults. Friendships that bridge economic divides are good for social mobility, a major study has ...The Guardian - 4d -
'Buy European': Airbus and others call for sovereign fund and higher Europe tech autonomy
"Building strategic autonomy in key sectors is now a recognised urgent imperative across Europe," the letter from Airbus, Dassault Systemes and others said.CNBC - Mar. 18 -
Fast Financial Freedom and The Skyscraper Portfolio
This wealth-building model incorporates mindset with multiple levels of business strategies.Inc. - Mar. 12 -
March Madness Is Sure to Be Chaotic. Your Bracket Name Can Be, Too.
The men’s and women’s tournaments provide a wealth of puns for schools, players and coaches.The New York Times - Mar. 16 -
10 Business Podcasts That Will Make You a Better Leader
Entrepreneurs can gain a wealth of advice on building a company to understanding economic changes.Inc. - 6d -
‘Keep pivoting’: Piyush Gupta hands over Singapore’s biggest bank after 16 years
DBS chief embraced technology and rode tailwinds of regional growth and rising wealthFinancial Times - 2d -
Pension funds don’t take ‘anywhere near enough risk’, says UK national wealth fund executive
Ian Brown tells FT that managers need to back infrastructure projects before construction under wider net zero pushFinancial Times - Mar. 16 -
Musk’s Tweet-Fueled Bubble May Be About to Burst
His greatest achievement is building a financial cult that serves as the engine for his enormous wealth.The New York Times - Mar. 10 -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - Mar. 12 -
Dueling De Niros spar in 'The Alto Knights,' a tip of the fedora to an iconic actor
'Goodfellas' and 'Casino' screenwriter Nicholas Pileggi brings a wealth of Mafia knowledge to a movie that traffics in constant nods to other gangster classics.Los Angeles Times - 6d -
Lebanon closes in on next central bank head
Wealth manager backed by financial elite is frontrunner in race that will test new government’s reform agendaFinancial Times - 1d -
Robinhood CEO sees Amazon-like subscription model as path to 'loyalty' in financial services
Robinhood is evolving from a simple-to-use brokerage for young investors to a provider of wealth management and broader banking services.CNBC - 9h -
Robinhood CEO sees Amazon-like subscription model as path to 'loyalty' in financial services
Robinhood is evolving from a simple-to-use brokerage for young investors to a provider of wealth management and broader banking services.CNBC - 7h -
A new Manchester United stadium isn’t about regeneration and never will be | Jonathan Liew
If ‘New Trafford’ is such a nailed-on wealth generator, then why aren’t Ratcliffe and the Glazers funding it themselves?. The roof of the proposed new Manchester United stadium has three points, ...The Guardian - Mar. 18 -
Rich people live by these 5 rules, self-made millionaire says: 'It's not just about cost'
Ramit Sethi has been teaching people how to get rich for nearly two decades. Follow these rules to build your wealth.CNBC - 5d -
Mao Zedong’s first Little Red Book had blue cover and less propaganda
Rare early editions of book by communist party chairman, who shunned the idea of wealth, set to fetch £1m at auction. The thoughts of Mao Zedong , published in 1964 under the title Quotations , ...The Guardian - Mar. 8 -
Trump’s tariffs will be paid by the poor – while his tax cuts help the rich | Robert Reich
The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealth. Donald Trump apparently believes his tariffs will bring so much money to the US ...The Guardian - Mar. 15 -
Rwanda Cuts Ties With Belgium Over Congo Conflict and E.U. Sanctions
Belgium, Rwanda’s former colonial ruler, pushed for the European Union to impose sanction against Rwandan officials over their role in invading eastern Congo and plundering its mineral wealth.The New York Times - Mar. 17 -
18 Richest Golfers in PGA History
While golf is a game of precision and skill, it's also a pathway to immense wealth. The PGA Tour has been graced by players whose prowess on the course has translated into staggering fortunes.Yahoo Sports - Mar. 20