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ultra rich

Rejig of riches: Study moots robin hood tax for equality

by Ron Morgan
Rejig of riches: Study moots robin hood tax for equality

New Delhi: A new study co-authored by economist Thomas Piketty suggests India should impose a wealth tax on the ultra-rich to tackle inequality and create fiscal space for investments in …

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Wealth for Good summit: Hong Kong launches project linking charities with donors as part of latest charm offensive to lure global capital and talent

by Anas Siddiqui
Wealth for Good summit: Hong Kong launches project linking charities with donors as part of latest charm offensive to lure global capital and talent

The project will serve as a comprehensive database, displaying charities in need of financial support, Financial Secretary Paul Chan Mo-po said during a gala dinner on Wednesday. “By enabling meaningful …

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Removal of Australia ‘golden visa’ scheme favoured by mainland Chinese, Hong Kong buyers likely to impact luxury property market Down Under, analyst says

by Anas Siddiqui
Removal of Australia ‘golden visa’ scheme favoured by mainland Chinese, Hong Kong buyers likely to impact luxury property market Down Under, analyst says

Australia’s surprise move to scrap a visa programme that allowed wealthy mainland Chinese and Hong Kong property buyers to gain residency is likely to impact its high-end real estate market, …

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Billionaire population of Hong Kong, mainland China expands as global ‘great wealth transfer’ sees more riches inherited than earned: UBS

by Anas Siddiqui
Billionaire population of Hong Kong, mainland China expands as global ‘great wealth transfer’ sees more riches inherited than earned: UBS

The Asia-Pacific region had the highest number of billionaires and the highest proportion of self-made billionaires in the world. Their numbers swelled from 922 to 1,019, while their combined wealth …

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