#wealth
Latest news and interesting information about wealth.
Trump furious over SCOTUS ruling: "Congratulations, China"
US President Donald Trump called the Supreme Court's birthright citizenship ruling a win for China and congratulated the Chinese. The court found his proposal unconstitutional.
Elon Musk regains trillionaire status
Elon Musk regains trillionaire status as SpaceX and Tesla shares surge, boosting his net worth by $65 billion to $1 trillion, per Forbes.
Global Billionaire Count Hits Record: 3,302
Global billionaire count hits record 3,302. UBS report shows US, China, and India lead. Total wealth up 25%.
Number of Millionaires Rises Globally
In 2025, the number of millionaires worldwide increased. According to UBS report, growth was seen in the US and Europe.
Dollar's role in global reserves declines
Global central banks plan to reduce dollar's share in reserves due to political risks and shift to multipolar financial system.
Andrea Bocelli's villa robbed of €500,000
Italian tenor Andrea Bocelli's Tuscany villa robbed of €500,000 in jewelry, watches, and cash. Police investigate.
Argentina to launch 'golden passport' program
Argentina launches golden passport program for foreign investors. Citizenship for $500,000 investment.
Shusha mother: "If my son wasn't there, many would die"
Tarana Taghiyeva from Shusha tells about her son Vasif Taghiyev's heroism during the Tehran embassy attack. Emotional interview about Shusha longing, family values, and occupation.
Australia's richest woman invests $1 billion in SpaceX
Gina Rinehart, Australia's richest woman, invests over $1 billion in SpaceX, boosting Elon Musk's path to becoming the first trillionaire.
Protect Our Beaches, Preserve Our National Wealth
Article on beach cleanliness, civic responsibility, fines, and expert opinions.
Narek Karapetyan banned from leaving Armenia
Narek Karapetyan, leader of 'Strong Armenia' party, was banned from leaving Armenia. He announced it on social media.
How much do the rich harm the climate?
Greenpeace study: The richest 1% cause 40% of climate emissions. Climate action must target wealth and investments to reduce damage.
Gold Prices Drop - Latest Rate
Gold prices drop to $4,291 per ounce in August. Reasons and analysis of the decline.
Taylor Swift's net worth reaches $2 billion
Taylor Swift's net worth reaches $2 billion. The singer made the Forbes Iconoclast 50 list, thanks to The Eras tour and music releases.
Billionaire refuses to leave inheritance to children
French billionaire Pierre-Edouard Stérin refuses to leave inheritance to his children and calls for changing inheritance laws.
Number of millionaires hits historic record
In 2025, the number of millionaires reached 25.3 million and their wealth hit $98.3 trillion, a historic record.
Baku TV launches new project: "See What We Retrieved"
Baku TV launches "See What We Retrieved" documentary series about liberated territories in Karabakh and Eastern Zangazur.
TikTok founder becomes Asia's second richest
TikTok founder Zhang Yiming overtakes Mukesh Ambani to become Asia's second richest person, with a net worth of $92.8 billion.
Vahid Alakbarov's son tops richest heirs list
Yusif Alakbarov, son of LUKOIL co-founder Vahid Alakbarov, tops Forbes' list of richest heirs of Russian billionaires with a $560 million fortune.
South Korea Luxury Demand Upside
South Korea luxury demand upside: UBS highlights brands like Moncler, Prada, Hermès that could benefit from rising consumer wealth and semiconductor boom.
UBS: Bond Selloff Offers Buying Opportunity
UBS says the bond selloff offers a buying opportunity as investors overprice ECB rate hikes. High-quality bonds are attractive amid slowing growth.
Why dynamic portfolio approach matters?
Why investors need a dynamic portfolio approach? Manage risk and seize opportunities with satellite strategies, per UBS report.
Javid Kurbanov: Believers should rejoice in death
Javid Kurbanov challenges religious belief: believers should rejoice at death if they truly trusted the afterlife.
Guyana Oil Boom and Growth Strains
Guyana experiences an oil boom due to the Iran war, but faces economic challenges and growth strains.
US Makes Critical Decision: Washington Will Not Fund Defense of Wealthy Nations
US Defense Secretary Pete Hegseth announces end to subsidies for wealthy nations' defense. New strategy focuses on shared responsibility in alliances.
Morgan Stanley stock hits all-time high of 208.01 USD
Morgan Stanley stock hits all-time high of 208.01 USD. 62.11% yearly gain, strong earnings, crypto trading on ETrade. Get insights on Bond.az.
Private Credit Roundup: Losses Deepen
Private credit paper losses deepen in Q1. Bond.az analysis shows unrealized losses hit 2.35% of NAV, raising concerns about credit quality and AI disruption.
CIBC announces leadership restructuring
CIBC announces senior leadership restructuring, including new appointments for Susan Rimmer, Eric Belanger, and Amy South.
Futu Holdings reports $418M in buybacks
Futu Holdings announces $418 million in share buybacks. Shares down 31.82% YTD.
Hong Kong Overtakes Switzerland: New Financial Capital
Hong Kong overtakes Switzerland as world's new financial capital. BCG report shows foreign assets hit $2.95 trillion.
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