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MILLIONAIRES STATISTICS
Nearly 1 million new millionaires created worldwide in 2025, UBS report findsThe year 2025 saw a striking 10.8% increase in global personal wealth, the highest growth rate in years, unleashing nearly one million new ...- 401(k) balances drop 4% in 2026: How do your retirement savings compare with Fidelity data?A 4% decline in average 401(k) balances during early 2026 has put retirement savings and financial planning back in focus. Market volatilit...
- 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...
- Portugal to raise tax on foreign house buyers as property prices surgePortugal plans to increase property tax for non-residents. This aims to make housing more affordable. Prime Minister Luis Montenegro announ...
- 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...
- Foreigners pay twice as much as locals to buy Portugal homesPortugal's housing market faces a challenge. Foreign buyers, especially from outside the European Union, are purchasing properties at signi...
- India's millionaire population rise 6 pc in 2024; number of billionaire reaches 191: Knight FrankThe population of Indian high-net-worth individuals increased by 6% to 85,698 in the past year. The wealth landscape in India continues to ...
- 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...
- Why Indians don't want to be Indian citizens anymoreLarge scale emigration of Indians began with British imperialism and the indentured labor system in the 19th century. In recent times, Indi...
- 'Bread for all': Dubai introduces vending machines for free breadThe vending machines have a computer touch screen allowing people to select different types of breads
- Needed, parachute for riders of market waveWhile the medium-term prospects of the Indian economy are undoubtedly sanguine, there is reason to worry that the markets would correct, so...
- Monash International Pathway: A bridge to an overseas UG degreeA study abroad experience offers a lot more than world class education and better opportunities. Diversity in its true sense, a unique pers...
- Is Lalit Modi close to getting UK citizenship?Lalit Modi relocated to London in 2010 after several allegations of match-fixing and illegal betting were made against him.
- Only 0.006% ready to give up LPG subsidyThe numbers are depressing for a country where the number of crorepatis is 42,800, while tax consultants say the number would be 10 times m...
- India has more than its fair share of super-rich and it isn’t a good thingThe index looks at multimillionaires: individuals with net assets of at least $10 million. The ranking has sent Indian cyberspace into a ti...
- Bentley records more sales in China over WestAccording to report, China for the first time has led the Bentley sales table, a landmark that will be seen as another sign of a new world ...
- India much behind in the luxury race: BainIndia, while nearly equalling China in the billion-plus headcount, is still far behind in the luxury race.
- It's time to explore the internet with KosmixAfter Google, what next? After search engines and social networking, the next big internet idea could be an explore engine.
- CPI targets govt for widening rich-poor gapIn a campaign that brands the UPA government’s policies as ‘pro-rich’, the CPI alleges that the rich-poor divide was wider than ever before.
- Pune has 16,000 millionaires nowPune, the emerging IT hub of India, now boasts of having at least 16,000 millionaires. If the statistics collated by the income tax departm...
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