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INCREASE IN MILLIONAIRES 2024
Warren Buffett: Why ‘risk’ doesn't mean what Wall Street says it meansIn a letter to shareholders, Warren Buffett declared war on one of finance's most sacred concepts: Beta. The academics had it backwards, he...
Record 654,000 Americans now 401(k) millionaires — here's what’s driving the boomA record 654,000 Americans are now 401(k) millionaires. That’s the highest number ever. Most are around 59 years old and have been investin...
What is Zohran Mamdani’s new Millionaire Tax? Will it push wealthy out of New York City?New York City’s newly elected mayor, Zohran Mamdani, has sparked renewed debate over wealth and taxation with his proposal to raise income ...
Montana Millionaire 2025: When will the results be declared, what are the 5 prizes, and can you buy a ticket outside Montana?For many Montanans, the Montana Millionaire has become a festive tradition, a symbol of holiday luck and community excitement. The anticipa...
401(k) millionaires skyrocket by 16% — find out why savers are winning bigMore people are now 401(k) millionaires as retirement savings hit new highs. Fidelity says steady saving and staying invested helped many r...
The billionaire exodus: Why India’s rich are heading abroadDespite India's growing millionaire population, a significant number are leaving, driven by tax scrutiny and economic formalisation. The UA...
Millionaires may exit UK in record numbers after non-dom tax shake-upThe United Kingdom may witness a significant departure of wealthy residents. Around 16,500 millionaires are expected to leave in 2025. This...
UAE safest hub for parking money, to attract more millionaires despite Israel-Iran conflict, say immigration expertsThe United Arab Emirates is expected to attract more millionaires despite Middle East tensions, as it remains a safe haven for high-net-wor...
Over 379,000 in US became millionaires last year, equivalent to more than 1,000 every dayThe 2025 Global Wealth report from UBS revealed that Americas overall accounted for the majority of the increase of their wealth. The repor...
In 'Modi Raj', India's inequality levels surpassed that of 'British Raj': Jairam RameshThe Congress party alleges that under the Modi government, India's inequality has exceeded levels seen during British colonial rule, fueled...
Touching his support base? Donald Trump may hike taxes on these Americans, most of whom have been his supportersDonald Trump tax hike plan is sparking new debate as the President considers raising income taxes on Americans earning over $1 million annu...
Why are the rich leaving India, where are they headed?A significant number of wealthy Indians are migrating due to better living conditions, business opportunities, and educational prospects ab...
Realtors, investors put $11.4 bn equity investments in Indian real estate during 2024: CBREIndian real estate saw a 54 percent rise in equity investments, reaching USD 11.4 billion last year. Developers and institutional investors...
Dubai home prices set to surge again in 2025, as foreigners keep flocking to the GulfDubai home prices are expected to rise further next year after a 20% increase in 2024. There are signs of continued recovery in the market....
Amid tax relief promises from Harris and Trump, US recovers $1.3 billion from wealthy taxpayersThe US government said Friday that it has recovered $1.3 billion from wealthy taxpayers since late 2023, as part of efforts to ensure that ...
Britain likely to lose nearly one in six millionaires by 2028: ReportA UBS report predicts a 17% drop in U.S. dollar millionaires in Britain by 2028, citing high numbers and policy changes. Conversely, the U....
Lok Sabha polls: 2,572 crorepatis; 1,643 candidates with criminal cases in frayAs India braces for Lok Sabha election results on Tuesday, there are 2,572 candidates who are crorepatis while 1,643 candidates have crimin...
104% rise in number of political parties contesting LS polls from 2009-24The number of political parties contesting the Lok Sabha elections has surged by 104% from 2009 to 2024. A total of 751 parties are partici...
By end of 2024, Rajasthan's roads will be like those in US: Nitin GadkariGadkari inaugurated and laid the foundation stones of six national highway projects and seven railway overbridges (ROBs) under the Setu Ban...
India to see 1,000 UHNWIs joining millionaire club annuallyAccording to the latest Knight Frank Wealth Report, India houses 2 per cent of the world's millionaires (13.6 million) and 5 per cent of th...