SpaceX and AI startup wealth fuels demand for private jets
Newly minted rich and those anticipating huge IPOs are fueling buying and charter spree in the private jet sectorSign...
Number of billionaires globally soars by 13% amid AI shares boom
Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS findsBusiness li...
Doubt that Elon Musk ‘earned’ his trillion? Rightwing media says you’re in an ‘impotent envy cult’ | Arwa Mahdawi
The lovefest from Musk’s conservative fans completely overlooks the unscrupulous tactics behind his immense wealthFor...
When it comes to taxing the super rich, there’s no need to reinvent the wheel
Any new tax on the rich won’t raise much money unless many of the exceptions and loopholes are dealt withIn this new ...
Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
Sellers of luxury villas have wiped tens of millions of pounds off asking prices, with sales down 19% in May from the...
Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why
Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme ...
An absurd illustration of Britain’s housing problem | Letters
Readers respond to an article about what was once the UK’s most expensive house, which has lain empty for yearsGrand ...
The case for Labour to introduce a wealth tax has never been stronger | Phillip Inman
A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequalityAndy Burn...
How much money did Elon Musk make in SpaceX’s stock market debut?
He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn val...
Think Musk the billionaire was bad? Brace yourself for Musk the trillionaire | Arwa Mahdawi
Becoming the world’s first trillionaire is only going to supercharge this sense of impunity and bring us one step clo...
Tax-break trees: how woodland became a store of wealth for the rich
Attempt to turn a stretch of the English-Scottish border into a commercial forest exposes threat to habitats from wea...
Orbán’s oligarchs on edge as Hungary poised to launch wealth tax
New PM Péter Magyar calls policy a sign of ‘social justice’ after years of political loyalty being rewarded with econ...