Wealthy Austrian heiress to distribute €25 million fortune to citizens

[ad_1] Marlene Engelhorn has been fighting for years for a more equitable tax system in her country. A Citizens’ Council will be formed in Austria to decide on how to…

WSJ News Exclusive | Wealthy Investors Rescued Juul From Bankruptcy. Others Are Crying Foul.

[ad_1] Updated Jan. 2, 2024 4:25 pm ET Two of Juul Labs’ longtime directors—a Hyatt Hotels heir and a venture capitalist—helped bail out the e-cigarette maker when it was on…

Hong Kong to Offer Residency to Wealthy for $3.8 Million Investment

[ad_1] Hong Kong is starting a program next year that will give residency to people who invest HK$30 million ($3.8 million) into the city as it steps up efforts to…

Singapore a growing draw for wealthy Chinese seeking diversification, say industry players

[ad_1] SINGAPORE – For the wealthy Chinese, Singapore is part of their global diversification strategy that also includes Dubai, a growing financial hub in the Middle East, but there is…

Transcript: Wealthy Argentines flock to Uruguay

[ad_1] This is an audio transcript of the FT News Briefing podcast episode: ‘Wealthy Argentines flock to Uruguay’ [MUSIC PLAYING] Sonja HutsonGood morning from the Financial Times. Today is Monday,…

‘People are nervous’: Taiwan’s wealthy shelter money overseas in fear of China conflict

[ad_1] Lynn, a Taiwanese stock trader, has never been to Europe. But, in February, she spent a large part of her savings on a €420,000 flat in Lisbon — without…

3 charged with running sex ring with wealthy clients in Massachusetts and Virginia

[ad_1] BOSTON – Three people were arrested Wednesday for allegedly operating a high-end brothel network out of apartment complexes in Cambridge, Watertown and Virginia. “This commercial sex ring was built…

Asia’s universities attract the next generation wealthy

[ad_1] Wealthy Asian families are increasingly sending their younger generations to study at homegrown universities, as the region’s powerful economies present greater opportunities for business connections — and business expansion.…

Americans, especially wealthy ones, are still spending big

[ad_1] Comment on this storyComment Add to your saved stories Save The trip requests keep rolling in: the Galápagos Islands, Sicily, New Zealand, Mallorca. For the first time since she…

It’s a wealthy European country, so why is homelessness on the rise?

[ad_1] In new data, it’s been revealed that overall spending on homelessness has increased by 10.5% since 2021/22 and a majority of councils have reported their costs have gone up.…