Obtaining citizenship in Malta would provide another passport for Mr. Thiel, who is one of the largest individual donors for the U.S. midterm elections.
Tag: High Net Worth Individuals
Chinese Billionaire Richard Liu Faces Sexual Assault Trial in the US
Richard Liu, also known as Liu Qiangdong, will be one of the few high-profile Chinese figures to face a courtroom jury over sexual assault allegations.
Patagonia Founder Gives Away the Company to Fight Climate Change
Yvon Chouinard has forfeited ownership of the company he founded 49 years ago. The profits will now be used to fight climate change.
Twilight of Entrepreneurs in China as More Leave the Country
Two of China’s best-known entrepreneurs, Pan Shiyi and Zhang Xin, stepped down from their top jobs at the real estate development company they built.
Prince Charles to Stop Accepting Large Cash Donations for Charities
Charles, the heir to the British throne, runs two charities that are under scrutiny for how they have handled donations from the wealthy, including $3.1 million from a former Qatari prime minister.
Leonardo Del Vecchio Dies at 87; Transformed Eyeglass Industry
He merged eyewear with fashion, turning a quotidian necessity into high style. He rose from poverty to become one of the world’s wealthiest men.
The Middlemen Helping Russian Oligarchs Get Superyachts and Villas
They oversee the flow of billions of dollars from Putin-connected Russians to companies involved in superyachts and villas. They’ve drawn the attention of a U.S. task force.
At Davos, a Referendum on the World Economic Forum
Many values espoused by the World Economic Forum — globalization, liberalism, free market capitalism, representative democracy — are under attack.
For Elite? Yes. Ostentatious? Yes. But Also Effective.
For all the criticism of the World Economic Forum’s display of wealth, productive partnerships are indeed formed at Davos, participants say.
At a German Hideaway, Oligarch Villas Challenge a ‘Silent Contract’
Tegernsee, a luxury getaway in Bavaria, is known for quietly hosting the superrich. But war in Ukraine has divided locals about whether the authorities should go after the assets of their wealthy Russian neighbors.