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Saudi, UAE top the GCC wealth list; BCG Report

According to a new analysis by Boston Consulting Group (BCG), Bahrain's wealth is a quarter of Saudi Arabia's $1 trillion, yet the smaller country...

HSBC expects China to double its number of millionaires in 5...

According to Britain-based investment and financial services company HSBC, China will more than double its number of millionaires in the next five years and...

Indians lead the list of richest Asians; Knocks China’s Shanshan to...

Now, Asia's top two richest people are Indians. Gautam Adani has become the second richest person in Asia after knocking out China's waterman Zhong Shanshan....

Monopoly over COVID-19 vaccines gave the world 9 new billionaires: Report

A campaign group has demanded an end to "monopoly control" on vaccine technology by pharmaceuticals as it revealed that profits from COVID-19 shots have...

Musk is no longer world’s 2nd richest person as Tesla shares...

American billionaire Elon Musk has an undeniable power in the business world. His Twitter posts can send the prices of cryptocurrencies tumbling or spiking...

HSBC lures ultra-rich Asians by offering direct access to its investment...

HSBC, the London-based investment bank and financial services provider, is offering its ultra-rich clients in Asia direct access to its investment bankers as it...

Following record fine on Alibaba, Jack Ma’s fortunes jump

China just slapped a record antitrust fine on one of the world’s largest retailer and eCommerce companies, Alibaba Group Holding, on account of market...

Indian industrialist silently beats Musk, Bezos in wealth creation this year

Indian billionaire industrialist Gautam Adani has added more billions to his wealth than anyone else in the world this year thanks to investor excitement...
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