Middle Eastern families look west for wealth structuring
Jersey, Singapore, Switzerland and Guernsey have been ranked as the four most favoured jurisdictions by advisers to Middle Eastern families…
Extremely Wealthy
274 articles found
Growth rate of new multimillionaires slows in the Middle East
The rate of new very high net-worth people in the Middle East slowed to just 1 per cent last year,…
$450 Million Superyacht in Divorce Case Freed to Leave Dubai
A $450 million superyacht at the center of London’s largest divorce fight may be finally allowed to set sail from…
HSBC launches Jade, a special bank account for millionaires
HSBC UAE has launched Jade, a new bank account designed for high networth individuals. “Research conducted by HSBC shows…
Middle East investments in US real estate soar during 2019
Demand from Middle East investors for US real estate has intensified over the last year, bolstered by the continued strength…
Nepal’s billionaire opens first luxury hotel in Dubai
With footprints in 20 countries around the world, CG Corp Global, a multinational conglomerate from Nepal, has now forayed into…
A Real Estate Empire Built on Dark Money
Since 2012, hundreds of millions of dollars from Kyrgyzstan — one of the poorest countries on earth — have poured…
Saudi Royal Family Vs. British Royal Family: Who Is Wealthier?
Royals are wealthy—irrespective of their geographical distribution and lineage—and there are no two ways about it. But, if you…
Abu Dhabi’s go-to man builds $229 billion fund for post-oil era
For an Emirati who’s not a member of Abu Dhabi’s ruling royal family, Khaldoon Al Mubarak is remarkably influential. Photos…
Where in Dubai are the super-rich splurging on multi-million-dirham homes?
Ultra-wealthy investors continue to invest in Dubai’s real estate, spending serious sums of money on luxury homes in established communities,…
Saudi Aramco taps Saudi billionaires for major IPO orders
Saudi Arabia is negotiating commitments from its wealthiest citizens to buy stock in the Aramco initial public offering, from the…
UBS/PwC Billionaires Report 2019: Billionaire-controlled companies return almost twice the average market performance
Key findings: Over the 15 years to the end of 2018, billionaire-controlled companies listed on the equity market returned…