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Culture news

What Europe can learn from the UK's Northern Music Awards

The first Northern Music Awards were held last night in Manchester as part of a drive to highlight the level of quality music being created outside of the UK’s capital.

24/04/2024

Economy

Should European countries abolish inheritance taxes?

The "death tax" is one of the most emotive and controversial levies, but what would its abolition mean for inequality?

22/04/2024

Economy

Inheritance tax across Europe: How do the rules and rates vary?

Some 19 EU countries levy inheritance, gift or estate taxes. Due to the highly preferential tax treatment applying to transfers to close relatives, the majority of estates go untaxed. The percentage of total tax revenue derived from wealth transfer taxes is very low.

16/04/2024

Economy

Where in Europe has the most wealth inequality?

Experts suggest that tax systems and home ownership rates play a significant role in the disparities of wealth between the rich and poor. Euronews takes a look.

01/04/2024

Business

World’s five richest men double their fortunes as poorest lose money

A concentration of global corporate and monopoly power is contributing to deepening inequality which is making the richest richer and the poorest poorer.

15/01/2024

Lifestyle

Hermès heir plans to adopt former gardener to share immense fortune

With a fortune estimated between 9 to 10 billion Swiss francs, Puech, who is single and childless, aims to rewrite his will and share a portion of his immense wealth with his former gardener.

05/12/2023

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

Culture news

Euroviews. Why the Orient Express' new train line isn't the 'Dolce Vita'

Operated by the Orient Express, the new "La Dolce Vita" train lines will create a heavily curated version of Italy for the super-wealthy, Savin Mattozzi writes.

04/09/2023

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

Green News

Meet the American millionaire selling his private jet to go green

Millionaire Stephen Prince sells private jet after learning how polluting it is.

09/05/2023

Green News

Millionaires are burning through our carbon budget, scientists warn

Millionaire spending will make clean transition ‘less likely’, a new report has warned.

22/03/2023

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

Culture news

Who are Europe's richest people?

Unsurprisingly, some of the richest people in Europe are also the money behind the continent’s most famous brands: L’Oréal, Louis Vuitton, Zara, Chanel and Nutella.

28/12/2022

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

Tech News

Teen who tracked Elon Musk’s jet is now chasing Russian oligarchs

The US student famous for tracking Elon Musk’s jet has turned his focus to Russian tycoons hit by sanctions over the country’s invasion of Ukraine.

01/03/2022

Ukraine

Ukraine passes law to limit oligarchs' influence on politics

The law will prevent wealthy businessmen in Ukraine from funding political parties or taking part in the privatisation of state assets.

23/09/2021

Health news

First space, now immortality: Jeff Bezos’ quest to cheat death

The former Amazon CEO has reportedly invested in Altos Labs whose stated purpose is to research how to reverse ageing in cells.

07/09/2021

World News

Environmentalists wary as private jet demand soars post lockdown

Flights departing from the UK and France account for more than a third of all private jet emissions in Europe.

27/05/2021

World News

Nine billionaires created by discovery of COVID-19 vaccines, say NGOs

The new billionaires include five people associated with Moderna and three from CanSino Biologics, a Chinese vaccine company.

20/05/2021

World News

These billionaires are Europe's richest people, according to Forbes

Forbes released its annual list of the world's wealthiest people. We take a look at the top European billionaires.

07/04/2021