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India

Anant Ambani, son of Asia's richest man, married in lavish wedding

The four-day wedding celebrations began on Friday with the traditional Hindu wedding ceremony and will be followed by a grand reception that’s expected to run throughout the weekend.

Economy

The world is getting richer, but who is benefiting the most?

Financial markets rallied last year after a dip in 2022, boosting global net wealth by more than 4%. Growth in Western Europe was slightly more subdued in terms of financial wealth.

Economy

Thousands of UK-based millionaires set to move overseas

The UAE remains the world's leading millionaire magnet, while China and the UK are set to see mass exoduses.

Europe News

Austrian heiress lets fifty random citizens give away her €25m fortune

Austrian-German heiress Marlene Engelhorn allowed fifty members of the public to donate her inheritance to various organisations, including a homeless aid charity and a nature conservation association.

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Economy

Wealth of nations: Gap between rich and poor in Europe widens

Wealth inequality between countries across Europe is very strong. In the EU, the difference in wealth per adult between the countries with the highest and lowest levels exceeds a factor of ten.

Business

Hargreaves Lansdown rejects private equity takeover bid

The UK investment platform says the offer from a group including the Abu Dhabi Investment Authority undervalues the firm.

Economy

Wealth report: What are the richest people investing in this year?

A total of $483 billion (€443.5 billion) is waiting to be invested in 2024 across the globe. What's the smart money on?

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.

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?

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.

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.

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.

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.

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.

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.

Travel News

Billionaires dismay as Naples bans superyachts

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

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.

Green News

Millionaires are burning through our carbon budget, scientists warn

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

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.

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.