More about this topic

Economy

Billionaire tax needed to tackle inequalities, says EU research group

A global minimum tax on billionaires equal to 2% of their wealth could raise close to $250 billion (around €235.6 billion), the EU Tax Observatory estimated in a report released on Monday.

24/10/2023

Economy

Households lost a record €6.6 trillion across the world in 2022

2022 was a “turning point” for global wealth, says German financial company Allianz in its latest Global Wealth Report.

28/09/2023

Travel News

Billionaires dismay as Naples bans superyachts

This Italian port city has just banned superyachts over 75 metres. Billionaires aren’t happy.

26/06/2023

World News

Food barons: Who are the billionaires profiting from a global crisis?

In the past few years, the world has experienced the rise of food billionaires - companies profiting from skyrocketing prices and making huge revenues while many are forced to cut back or go hungry.

19/04/2023

Climate

New data reveals the billionaires taking the most private jet flights

A 17-year-old is holding the world’s billionaires accountable for their private jet flights.

28/02/2023

Tech News

Elon Musk gave €1.82 billion of Tesla stock to charity last year

The world’s second-richest man and CEO of Twitter has pledged to give away at least half of his wealth by the time he dies.

15/02/2023

Tech News

Elon Musk breaks record for largest loss of personal fortune

Elon Musk has set a Guinness World Record for the "largest loss of personal fortune in history” following his takeover of Twitter.

13/01/2023

Food and Drink

French billionaire François Pinault takes over Champagne Jacquesson

François Pinault, a French billionaire and owner of the luxury group Kering, has acquired Champagne Jacquesson, a small, prestigious champagne producer known for its high-quality sparkling wines

05/01/2023

Tech News

Elon Musk confirms he will step down as Twitter CEO

Elon Musk say he will step down as chief executive of Twitter Inc once he finds a replacement.

21/12/2022

Culture news

Who's heading to the Moon with a Japanese fashion billionaire?

The fashion tycoon announced the star-studded eight member space crew over Twitter.

09/12/2022

Art

Wealthy collectors spend more than ever on art amid economic crisis

Billionaire collectors are spending more on art than ever before despite economic shock of the war in Ukraine, the pandemic and rampant inflation.

11/11/2022

Earth News

COP27: 5 key takeaways as World Leaders Summit continues in Egypt

Debates over loss and damage are heating up while reports released today reveal the true cost of climate breakdown.

08/11/2022

Earth News

Billionaires generate million times more emissions than most people

125 ultra-wealthy individuals emit the equivalent greenhouse gas emissions of 85 million cars in a year.

08/11/2022

Italy

Some in Sardinia lament loss of Russian oligarchs amid war sanctions

“The damage has been done to us, ordinary people,” said a chauffeur from Sardinia.

18/10/2022

Mobility

Billionaire books SpaceX trip around the Moon for him and his wife

Elon Musk’s SpaceX has signed up 82-year-old Dennis Tito, the world's first space tourist, for a Starship flight around the Moon.

13/10/2022

Earth News

Billionaire Patagonia boss gives company away to fight climate crisis

The outdoor fashion brand predicts it will give €100 million away a year to environmental causes under the new ownership structure.

15/09/2022

Earth News

Kim Kardashian becomes ‘chief taste consultant’ for Beyond Meat

Billionaires could account for 16 per cent of global emissions by 2030. Is a plant-based endorsement from Kim K enough?

26/05/2022

Tech News

Elon Musk offers to buy Twitter for $43 billion and take it private

The billionaire CEO of Tesla and SpaceX, who disclosed a 9% stake in Twitter last week, now wants to buy the whole company.

14/04/2022

Tech News

Musk pushes Twitter Blue subscription service days after buying stake

Of course, it's not the only controversial suggestion he made using the platform.

10/04/2022

Tech News

Elon Musk appointed to Twitter's board and calls for edit button

Tesla's CEO is now the platform's largest shareholder and he seems intent on making some changes, polling users on whether they want an edit button.

05/04/2022