Billionaires
UBS family office clients cut US dollar exposure in wealth revamp
About half of the money managers also say they are overexposed to the greenback
Vietnam’s richest man ploughs billions into EVs as his stock booms 1,000%
The majority of Vuong’s wealth is derived from Vingroup, his sprawling conglomerate
Billionaire Duke of Westminster to sell £700 million of US real estate assets
Agents are being appointed to market those assets on a case-by-case basis
Li Ka-shing plans more telecom sales in ‘cash is king’ strategy
CK Hutchison still operates telecom businesses in several European markets
World’s super-rich boost conflict economy wagers amid Iran war
Billionaires are already pocketing outsized gains from the financial shocks
Billionaire Joe Lewis plans US$200 million Sotheby’s art sale
Lewis family returns to auction market following a staggering 3,500% gain earlier this year
Family office for US$12 billion Tetra Pak Fortune exits Hong Kong
Alta Advisers still has an Asia entity in Singapore that it set up more than a decade ago
Samsung dynasty’s wealth doubles to US$45 billion in just one year
The family is now Asia’s third-richest family, up from 10th last year
Singapore billionaire population more than doubles as Apac wealth surges: Knight Frank
The number of ultra-high-net-worth individuals has grown by 54.5% in 2021 to 7,171 this year
Zara founder Amancio Ortega leads ultra-rich’s push into US$1 trillion property market
Bricks and mortar has long been a popular asset for many of the world’s rich
