Tag: fortunes
In three years, the fortunes of billionaires have increased by $3.3 trillion
The equivalent of an increase of $14 million per hour. According to a report published by the NGO Oxfam on Mondayjust before the annual meeting of the World Economic Forum…
In Cyprus, dirty money and Russian fortunes continue to taunt Europe
Cyprus’s reputation as a tax haven and haven for Russian oligarchs, long complacent with regard to money of criminal origin, is well established. But a new investigation by the International…
The fortunes of several tech billionaires have melted this year
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…
South Korea seizes $104 million in Terra co-founder’s fortunes
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…
The 500 largest French fortunes exceed the milestone of 1,000 billion euros
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…
Searching for safe havens: Turkey attracts Russians and fortunes
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 –…
How the EU could better track down oligarch fortunes – Economy
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…
International Task Force: Together Against Russian Fortunes
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…
“Pandora Papers”: The Secret Fortunes of Political Elites
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…
Afghanistan’s ex-government: did Taliban discover huge fortunes?
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…