A billionaire former prime minister says he has retired from Georgia’s fraught politics. His critics say he still wields considerable power. What’s beyond dispute: his obsession with trees.
Tag: High Net Worth Individuals
Billionaire’s Star Rises as She Takes Bold Stance on Racism in Brazil
Luiza Trajano turned a small family store into a retail giant. Now, a company policy limiting its executive training program to Black applicants is drawing praise, outrage and much soul-searching.
Pandora Papers Leak: What to Know
Revelations from nearly 12 million leaked confidential financial records have thrown light on the concealed wealth of powerful public figures around the world. How do they hide their money, and why is this information important?
Jordan’s King Among Leaders Accused of Amassing Secret Property Empire
A leak of nearly 12 million files suggested King Abdullah II was among 35 current and former leaders to use secret shell companies to hide their wealth.
What a Fungus Reveals About the Space Program
One thing’s for sure: Escaping the dung heap doesn’t come cheap.
China’s Xi Pressures Tycoons With ‘Common Prosperity’ Talk
As the country’s leader prepares for a likely third term, he is promising “common prosperity” to lift farmers and working families into the middle class.
With a Big Tax Break, Hong Kong Tries to Soothe the Rich
Beijing, which can’t afford to let its attack on civil liberties scare away global banks and financiers, is offering them a big tax break and other perks.
A Child of China’s Gilded Elite Strikes a Nerve Over Wealth and Privilege
The youngest daughter of the founder of the telecommunications giant Huawei debuted a documentary, a magazine cover and a music video — and the response was savage.
It’s Mother vs. Son in Britain’s Priciest Divorce War
Tatiana Akhmedova is trying to recoup part of a $615 million judgment owed by her ex-husband by suing her elder child, who she says has been shielding his father’s assets.
Crowds at the Beijing Auto Show Signal China’s Spenders are Back
Big crowds at places like the Beijing auto show are a sign of good news, but China needs its less affluent to spend more before its growth engine can return to full speed.