Russo Brothers Received Close to $50 Million From Saudi Bank (EXCLUSIVE)
The Russo brothers, directors of the all-time top grossing film “Avengers: Endgame,” quietly secured a roughly $50 million cash infusion…
Extremely Wealthy
274 articles found
UAE billionaire Hussain Sajwani, family still own over 85% of firm, DAMAC clarifies
Dubai’s real estate developer DAMAC Properties clarified on Wednesday that only a small portion of the company’s shares are owned…
Despite Brexit, UK still key destination for wealthy Gulf expats
The number of wealthy Gulf nationals living in the UK has reached a five-year high, as the appeal of the…
Oman to introduce income-tax on wealthy individuals
None of the seven Gulf Cooperation Council states, all oil producers, currently collect income tax from individuals. Oman's Sultan Haitham,…
Middle East: Why are the rich worried about their children running their businesses?
With around 25,000 high net worth individuals in Europe, Africa, Asia and the Middle East estimated to transfer $15 trillion…
UAE billionaire 'in talks' to acquire UK's Derby County
Sheikh Khaled bin Zayed Al Nehayan’s name has surfaced in latest reports of a possible takeover of Derby County in…
What lockdown? Covid unlocks more wealth, millionaires in ME
The number of ultra-high net worth individuals (UHNWIs) - those with more than $30 million (Dh110 million) in net worth…
Why the rich and the famous invest in the UAE
The UAE, especially Dubai, continued to woo high net worth individuals (HNWIs) as another 1,300 millionaires made the emirate their…
UAE still among most preferred destinations for ultra-wealthy
Although the UAE could see an exodus of millionaires due to the coronavirus pandemic this year, the country will continue…
What Are The Go-To Jurisdictions for Wealthy Middle Easterners and Why?
Ultra High Net Worth Middle Eastern families and individuals have a variety of jurisdictions to look to for succession planning…
Dubai Lures Wealthy Retirees
Dubai has launched a new program to attract foreign adults nearing retirement amid an exodus of expatriates in the Middle…
Saudi billionaire buys famous Onassis family London home for £18.6m
The former London home of the Onassis family, has been bought by a Saudi billionaire. The famous house in…