UBS sees shift in new billionaires away from entrepreneurs to inherited wealth | Cyprus Mail

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UBS: World’s billionaires inherited $10B more than they earned in 2023 – UPI.com

[ad_1] A report published Thursday by Swiss bank UBS found the wealth of 53 of its billionaire clients grew $150.8 billion through inheritance over the past 12 months, compared with…

Opinion: Germany is stumbling into recession. Angela Merkel’s dubious economic policies, inherited by Olaf Scholz, are to blame – The Globe and Mail

[ad_1] Images are unavailable offline. German Chancellor Olaf Scholz, right, and former Chancellor Angela Merkel laugh together during a handover ceremony in Berlin, on Dec. 8, 2021. Markus Schreiber/The Associated…

‘Haven’t inherited anything ever’, says world’s 2nd richest Elon Musk

[ad_1] Elon Musk, the world’s second-richest person has shared brief details about his childhood. The CEO of Tesla and SpaceX, whose net worth is $178.2 billion revealed he has never…

Fine for company VP who gave S$5,000 red packet bribe as part of inherited annual practice

[ad_1] SINGAPORE: A senior vice-president of a company that manufactured plastic parts was fined by a court on Tuesday (Apr 4) for continuing the corrupt practice of giving a S$5,000 (US$3,771)…