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Markets Bleed, Billionaires Lose Wealth, But Warren Buffett Emerges Richer
As global markets tanked with a $5 trillion wipeout following US President Donald Trump's sweeping tariffs on 184 countries, ace investor Warren Buffett came out unscathed and richer.
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Trump Tariff Shock Hits Sensex, Wipes Out Rs 20 Lakh Crore Investor Wealth
Investors' wealth eroded sharply by Rs 20.16 lakh crore on Monday morning as the benchmark indices faced heavy drubbing, with the Sensex dropping over 5 per cent, amid a global market meltdown due to growing trade war concerns.
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Global Warming Will Make The Average Person 40% Poorer, Study Warns
A new study reveals global heating's economic impact will be far worse than previously expected, predicting a 40% wealth reduction with 4 degree Celsius warming and a 16% reduction in global GDP at 2 degree Celsius.
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Gautam Adani Is India's Biggest Wealth Gainer: Hurun Global Rich List
Adani Group Chairman Gautam Adani has become India's biggest wealth gainer in absolute terms, with an impressive increase of nearly Rs 1 lakh crore in his net worth, according to the 'Hurun Global Rich List 2025' on Thursday.
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Opinion | Can The Real BRICS+ Please Stand Up?
By 2050, BRICS+ economies are projected to control 50% of global wealth production. Yet, when the time comes to make bold moves, the grouping has been known to dither.
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Investors' Wealth Swells By Rs 4.46 Lakh Crore As Stocks Rebound
The market capitalisation of BSE-listed firms went up by Rs 4,46,308.99 crore to Rs 4,50,21,816.11 crore.
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Wealth Of World's Top 1% Grew By $42 Trillion Over The Past Decade: Oxfam
The world's richest one per cent increased their fortune by $42 trillion over the past decade, which is nearly 34 times more than the entire bottom 50 per cent of the world's population, according to a new analysis by Oxfam.
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There Are Over 22 Million Millionaires In The World, An All-Time High
The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.
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Taylor Swift Makes Billionaire Debut, Joining Elon Musk In Richest List
Taylor Swift made her appearance on the list with an estimated wealth of $1.2 billion.
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Mumbai Dethrones Beijing As Asia's New ''Billionaire Capital'': Hurun Report
According to the list, Mumbai added 26 billionaires this year, compared to 91 billionaires in Beijing.
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Ultra Rich Rising? Mumbai Among Global Top 10 Luxury Real Estate Markets
Mumbai, India's financial hub, has emerged as one of the world's premier luxury real estate markets, securing the 8th position globally, according toKnight Frank's The Wealth Report 2024.
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If Elon Musk, Jeff Bezos Spend $1 Million Daily, Their Wealth Will Be Exhausted In 476 Years: Report
Oxfam further said that men globally own $105 trillion more wealth than women, and raised concern that the world's richest one per cent own 43 per cent of all global financial assets.
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Billionaires Boom While Billions Fall: Oxfam Exposes Widening Global Wealth Gap
Oxfam Report Inequality Inc: The number of billionaires has skyrocketed since 2010, more than doubling to 2,489 by March 2023.
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Rs 2 Lakh Crore Investors' Wealth Wiped Out In A Day Amid Global Tensions
Over Rs 2 lakh crore of investors' wealth has been wiped out on a single day of trading today. They also became poorer by over Rs 14 lakh crore in just five days as markets fell amid global tensions sparked by the Israel-Gaza war and its effects in the Middle East.
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Over 3.5 Million People Lost 'Millionaire' Status Globally In 2022: Report
Over 3.5 million people lost their millionaire status last year, the biggest decline in global wealth since the financial crisis of 2008, revealed the UBS annual wealth report.
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Markets Bleed, Billionaires Lose Wealth, But Warren Buffett Emerges Richer
As global markets tanked with a $5 trillion wipeout following US President Donald Trump's sweeping tariffs on 184 countries, ace investor Warren Buffett came out unscathed and richer.
-
Trump Tariff Shock Hits Sensex, Wipes Out Rs 20 Lakh Crore Investor Wealth
Investors' wealth eroded sharply by Rs 20.16 lakh crore on Monday morning as the benchmark indices faced heavy drubbing, with the Sensex dropping over 5 per cent, amid a global market meltdown due to growing trade war concerns.
-
Global Warming Will Make The Average Person 40% Poorer, Study Warns
A new study reveals global heating's economic impact will be far worse than previously expected, predicting a 40% wealth reduction with 4 degree Celsius warming and a 16% reduction in global GDP at 2 degree Celsius.
-
Gautam Adani Is India's Biggest Wealth Gainer: Hurun Global Rich List
Adani Group Chairman Gautam Adani has become India's biggest wealth gainer in absolute terms, with an impressive increase of nearly Rs 1 lakh crore in his net worth, according to the 'Hurun Global Rich List 2025' on Thursday.
-
Opinion | Can The Real BRICS+ Please Stand Up?
By 2050, BRICS+ economies are projected to control 50% of global wealth production. Yet, when the time comes to make bold moves, the grouping has been known to dither.
-
Investors' Wealth Swells By Rs 4.46 Lakh Crore As Stocks Rebound
The market capitalisation of BSE-listed firms went up by Rs 4,46,308.99 crore to Rs 4,50,21,816.11 crore.
-
Wealth Of World's Top 1% Grew By $42 Trillion Over The Past Decade: Oxfam
The world's richest one per cent increased their fortune by $42 trillion over the past decade, which is nearly 34 times more than the entire bottom 50 per cent of the world's population, according to a new analysis by Oxfam.
-
There Are Over 22 Million Millionaires In The World, An All-Time High
The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.
-
Taylor Swift Makes Billionaire Debut, Joining Elon Musk In Richest List
Taylor Swift made her appearance on the list with an estimated wealth of $1.2 billion.
-
Mumbai Dethrones Beijing As Asia's New ''Billionaire Capital'': Hurun Report
According to the list, Mumbai added 26 billionaires this year, compared to 91 billionaires in Beijing.
-
Ultra Rich Rising? Mumbai Among Global Top 10 Luxury Real Estate Markets
Mumbai, India's financial hub, has emerged as one of the world's premier luxury real estate markets, securing the 8th position globally, according toKnight Frank's The Wealth Report 2024.
-
If Elon Musk, Jeff Bezos Spend $1 Million Daily, Their Wealth Will Be Exhausted In 476 Years: Report
Oxfam further said that men globally own $105 trillion more wealth than women, and raised concern that the world's richest one per cent own 43 per cent of all global financial assets.
-
Billionaires Boom While Billions Fall: Oxfam Exposes Widening Global Wealth Gap
Oxfam Report Inequality Inc: The number of billionaires has skyrocketed since 2010, more than doubling to 2,489 by March 2023.
-
Rs 2 Lakh Crore Investors' Wealth Wiped Out In A Day Amid Global Tensions
Over Rs 2 lakh crore of investors' wealth has been wiped out on a single day of trading today. They also became poorer by over Rs 14 lakh crore in just five days as markets fell amid global tensions sparked by the Israel-Gaza war and its effects in the Middle East.
-
Over 3.5 Million People Lost 'Millionaire' Status Globally In 2022: Report
Over 3.5 million people lost their millionaire status last year, the biggest decline in global wealth since the financial crisis of 2008, revealed the UBS annual wealth report.
