Covent Garden market in London Julian Elliott Photography | Stone | Getty Images Norway’s $1.8 trillion sovereign wealth fund — the largest of its kind […]
Tag: Wealth
Wealth and Warfare Empower a Rwanda-Backed Militant Group in Congo
Rare-earth minerals critical for smartphone manufacturing. Lucrative trafficking routes and dizzying stockpiles of weapons. The lives of millions of people. All are now under the […]
Trump Promised Americans Booming Wealth. Now He’s Changing His Tune.
As a presidential candidate, Donald J. Trump promised an economic “boom like no other.” But eight weeks into his presidency, Mr. Trump is refusing to […]
Dealmaker Michael Grimes expected to lead new U.S. sovereign wealth fund: Reuters
Michael Grimes, head of global technology investment banking at Morgan Stanley, smiles while speaking to freshman students enrolled in the Management, Entrepreneurship, and Technology (M.E.T.) […]
Ukraine Nears a Deal to Give U.S. a Share of Its Mineral Wealth
Ukraine and the United States are closing in on an agreement that would grant Washington a share of Kyiv’s revenues from natural resources, President Trump […]
What Is a Sovereign Wealth Fund? Trump’s Executive Order, Explained
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create one. “Other countries have wealth […]
Ousted President Assad allegedly airlifted £200m of Syria’s wealth to Moscow: Report
In a stunning revelation, Bashar al-Assad’s regime airlifted around $250 million in cash to Moscow between 2018 and 2019, underscoring the deepening financial ties between […]
Tim Walz thought his lack of wealth was 'real flex' against Trump: 'How … did we lose to a billionaire?
Minnesota Gov. Tim Walz marveled in a post-election interview that middle-class Americans struggling with economic issues chose billionaire Donald Trump over him and Vice President […]
Indian billionaires’ wealth up 42% in last financial year, says report
Representative AI image via Lexica MUMBAI: The wealth of Indian billionaires surged 42% to over $905 billion during the last financial year, positioning it as […]
Renters struggle to build wealth, report finds. Here’s how they can boost financial wellbeing
Blackcat | E+ | Getty Images It’s no secret that homeowners often have higher net-worth than renters. But while renters face unique affordability challenges, there […]