Globally, if you want to rank among the top 1% of earners, you need to be pulling in serious dough. In South Africa, the world’s most unequal society, that’s not exactly the case.
The last global recession in 2009, dubbed The Great Recession, began when the American housing market went from boom to bust.
Trying to save money can be a daunting prospect. The hardest part is actually getting the ball rolling because once you see your savings start stacking up it can become a little addictive.
A new marketplace has emerged from the depths of the internet, with people spending vast sums of money on emojis.
Your favourite insanely wealthy and highly dysfunctional family is set to return, with the third season of ‘Succession’ out later this year.
Forbes’ latest list calculates that the richest 50 clans are worth a collective $1,2 trillion, which is up about 30% from $916 billion in 2015. These are the top five.
Unlike her ex-husband, MacKenzie Scott isn’t one for stockpiling wealth, and is using her immense financial power for good.
Professional gaming is huge these days, with players racking up millions in just a few short years if they’re good enough.
Another year, another new coin, this time celebrating 100 years of the South African Reserve Bank.
The COVID-19 pandemic, and natural disasters worldwide, has awakened the super-rich to the need to fortify themselves against future health and climate crises.
Some celebs are so famous that they keep earning long after they’ve shuffled off their mortal coil.
If you have cash to burn and a gift to buy for a billionaire, then your first port of call is Neiman Marcus’ Fantasy Gifts 2020 catalogue.
A new report reveals exactly how much you need to earn to be considered super-rich in South Africa, and part of the elite 1%.
Former billionaire Carolyn Rafaelian went from one of Forbes’ ‘Richest Self-Made Women’ in 2017 to being fired from her own company.
One of the things that can make financial planning daunting is realising that there’s so much more to take into account than just saving.
In the interest of safety, many businesses have all but abandoned cash in the age of COVID-19. Turns out there’s a reason it’s called ‘dirty money’.
From penguins to private celebrity chefs, these companies cater to the whims of the mega-rich.
The wives of billionaires live lives that go beyond anything you could imagine. Truth really is stranger than fiction.
Gold prospectors in Australia did a bit of digging on ‘virgin ground’, got lucky, and cashed in big time.
We often talk about the cost of living in South Africa, but rarely tackle the topic of the ‘cost of dying’.
Author Ashley Mears went undercover to reveal the secret party rituals of the super-rich in her book, ‘Very Important People’.
Ewan McGregor’s marriage ended in 2017, and following two years of court battles over money, his divorce has now been finalised.
Rich getting richer. Beer Island for sale. Russian C19 cyber attacks. Netflix adds 10m. ZAR undervalued. Electric Maserati.
Karl Lagerfeld’s cat, Choupette, could be locked in a battle with models who believe they should inherit a slice of the fashion giant’s fortune.
As any parent will tell you, children are expensive. The sooner you start planning, and teaching responsible money habits, the better.
After years of being a pop superstar, Taylor Swift has accumulated a vast fortune. She’s not shy of investing in property, either.
The super-rich seem to be amassing more and more wealth as economies tank around the world.
Many South Africans need to start changing their relationship with money, if we’re going to make it out of this pandemic financially sound.
The UK’s richest musicians have been revealed, ahead of the release of the full Sunday Times Rich List this coming weekend.
New World Wealth has published its South African wealth report for 2020, revealing the most expensive streets and suburbs in SA.