In 2022, the shares of American tech giants literally plummeted on the stock market. As a result, the world's biggest fortunes, from Elon Musk to TikTok owner Zhang Yiming, have lost tens of billions of dollars. Overview of the losses suffered by the richest men on the planet.Elon MuskThe CEO of Tesla, SpaceX and more recently Twitter has long topped the list of the richest people on Earth. In 2022, he lost this place, dethroned by the French luxury magnate...
South Korean court orders seizure of Terra co-founder's assets A South Korean court has ordered the seizure of $104 million worth of Terra co-founder Shin Hyun-seong's assets after it was discovered that LUNA tokens were offered to investors before the coin's launch. The court considered that this money may be profit that was illegally earned. The court will hold Shin's assets until it can be verified that the profits were not illegal. However, Shin's lawyers denied this, saying that reports...
They are getting richer and richer but Bernard Arnault remains the boss. The accumulated professional assets of the 500 largest fortunes in France have increased by 5% in one year to exceed the symbolic bar of 1,000 billion euros, according to the ranking to be published Thursday by the magazine Challenges.Bernard Arnault, the boss of the world number one in luxury LVMH remains at the top of the ranking, which he has dominated since 2017, with a fortune estimated at...
As of: 04/09/2022 3:29 p.m Since the most recent sanctions, many Russians have also ended up in Turkey. Turkish banks have long noticed how popular their accounts have become - and if you invest enough, you can also get a Turkish passport. By Uwe Lueb, ARD Studio Istanbul "Our Russian bank card should also work in Turkey - but it doesn't," complains 25-year-old Elisabeth. She is one of thousands of young Russians who have fled their country. Luckily for her,...
The European Union should finally set up an asset register, demands Sebastian Mack, Policy Fellow for European Financial Markets at the Jacques Delors Centre, in a recent publication study. "Combined with increased policing and law enforcement resources at national and EU level, an EU asset register has the potential to drain the swamp of financial crime in Europe," says Mack. The proposal comes at the right time. The EU wants to reform the anti-money laundering legal framework by 2024. There...
As of: 03/02/2022 6:54 p.m Germany is participating in an international task force to implement the sanctions against Russia. It is to coordinate the enforcement of punitive measures against Russia's President Putin and those around him. By Philipp Eckstein, ARD Capital Studio The financial pressure on Russia's President Putin and the rich oligarchs around him is to be increased. During his State of the Union address, US President Joe Biden announced that their assets would be traced and confiscated. The...
Exclusive Status: 03.10.2021 6:30 p.m. The Pandora Papers also reveal questionable offshore deals by 35 former and current heads of state and government. One of them is Czech Prime Minister Babis, who bought a piece of land in France. By Petra Blum, Andreas Braun, WDR, Lena Gürtler, Nils Naber, Anna Klühspies, Timo Robben, Han Park, Benedikt Strunz, Zita Zengerling, NDR In 2009, Czech Prime Minister Andrej Babis acquired a mansion and three hectares of land in the southern French town...
[ad_1] Status: 16.09.2021 3:49 p.m. Millions of dollars, lots of gold: The Taliban have allegedly found a lot of valuable in the homes of ex-government members. For example, it is about ex-Vice President Saleh, who organizes military resistance. In Afghanistan, the new leadership of the militant Islamist Taliban has confiscated more than twelve million US dollars (around 10.2 million euros) in the form of cash and gold bars, according to official figures. This was announced by the central bank in...
[ad_1] Status: 16.09.2021 3:49 p.m. Millions of dollars, lots of gold: The Taliban have allegedly found a lot of valuable in the homes of ex-government members. For example, it is about ex-Vice President Saleh, who organizes military resistance. In Afghanistan, the new leadership of the militant Islamist Taliban has confiscated more than twelve million US dollars (around 10.2 million euros) in the form of cash and gold bars, according to official figures. This was announced by the central bank in...
