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Wealth

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About Wealth


Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating old English word weal, which is from an Indo-European word stem.

Trump committed fraud in NY, judge finds

Trump committed fraud in NY, judge finds
Sep 26,2023 5:11 pm

...Donald Trump " repeatedly" misrepresented his Wealth - by up to $3...

Macron looks on as France's Africa policy crumbles

Macron looks on as France's Africa policy crumbles
Sep 1,2023 8:11 pm

... But if French reach is still so great, how is it that Ali Bongo made moves to pull Gabon out of the Francosphere to the point of actually joining the CommonWealth last year? The Bongos amassment of Wealth - and its secretion in Paris - was no doubt legendary...

Where people have to choose between food or home insurance

Where people have to choose between food or home insurance
Aug 9,2023 8:51 pm

... In a high-risk city like New Orleans, homes - traditionally the source of most Americans Wealth - could appreciate 20% to 30% slower than expected, according to Climate Alpha, a start-up that works with property firms to analyse climate risk...

Elon Musk: Twitter boss reclaims title of world's richest person

Elon Musk: Twitter boss reclaims title of world's richest person
Jun 1,2023 7:30 pm

... At the same, shares in Tesla - the company from which Mr Musk derives most of his Wealth - fell sharply amid concerns that his takeover of the social media platform Twitter was affecting his leadership...

Akshata Murty takes colourful step onto world stage

Akshata Murty takes colourful step onto world stage
May 19,2023 7:30 pm

... The couple s huge personal Wealth - - has led to some opposition politicians branding the prime minister as " out of touch" and her finances have caused them political headaches...

Coronation: How popular is the monarchy under King Charles?

Coronation: How popular is the monarchy under King Charles?
Apr 23,2023 7:20 pm

... So what are the difficult issues facing the new reign? The Wealth of the Royal Family, at a time of cost-of-living pressures, is one factor that seems to sharply divide the age groups...

Andrew Tate: Inside the Romanian town where brothers' empire began

Andrew Tate: Inside the Romanian town where brothers' empire began
Feb 4,2023 10:51 pm

... He says Andrew and Tristan Tate brought some money with them from the UK, but that their Wealth grew quickly once in Romania...

Ukraine war: Zelensky's government launches anti-corruption drive

Ukraine war: Zelensky's government launches anti-corruption drive
Jan 27,2023 2:01 am

... New anti-corruption agencies were then set up, along with new systems for government spending, a new police force, and politicians were forced to disclose their Wealth - often with eye-watering confessions...

Elon Musk: Twitter boss reclaims title of world's richest person

Oct 25,2022 2:01 am

Elon Musk has reclaimed his title as The World 's richest person, knocking The Boss of luxury goods giant LMVH, Bernard Arnault , off The Top spot.

His Net Worth has soared by $55. 3bn (£44. 44bn) since January to $192bn (£153. 24bn), after a rise in The value of his Electric Car company Tesla .

Mr Arnault's fortune has fallen by $24. 5bn (£19. 55bn) to $187bn (£149bn), per Bloomberg's Billionaires Index.

He is followed by Jeff Bezos and Bill Gates in third and fourth positions.

Mr Arnault, 74, had overtaken Mr Musk, 51, on The The rich list in December when shares in LMVH jumped as demand for luxury goods rebounded.

At The same, shares in Tesla - The Company from which Mr Musk derives most of his Wealth - Fell sharply amid concerns that his takeover of The Social Media platform Twitter was affecting his leadership.

However, Tesla shares have bounced back by almost 92% since The start of this year as investor nerves have eased and Mr Musk has announced his replacement as Twitter chief executive.

His visit to China This Week to discuss Tesla has also sparked excitement, while The Car firm is benefiting from The recent rise in interest in Artificial Intelligence .

By contrast, LMVH - which owns brands including Louis Vuitton and Christian Dior - has gone into reverse.

After hitting a record high in April, its shares have fallen sharply and are down 16% since The start of The year.

Mr Arnault, who co-founded The luxury goods giant in 1987, owns a majority stake in The Business , which is Europe's most valuable firm.

In January The Frenchman appointed his daughter Delphine Arnault , 47, as part of a shake-up at LMVH.

All five of Mr Arnault's children hold management positions at brands in The Group .

According to Bloomberg, Amazon founder Jeff Bezos is The World 's third richest person with a fortune of $37. 3bn. Mr Gates, who co-founded Microsoft, is worth $16. 2bn.

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Source of news: bbc.com

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