How to plug budget holes by managing public wealth better

PROPONENTS OF sovereign-wealth funds like to say that returns from publicly owned assets could in theory displace taxes. In countries that have not struck oil, however, the chance of politicians building up savings rather than running up debt seems remote. Yet states may not need to save in order to enable at least some tax-free […]

‘Kiss your newfound wealth goodbye!’ – Trump warns of economic troubles if Dems win midterms

President Donald Trump has tweeted “newfound wealth” would be lost if people vote for Democrats in midterm elections. His statement has sent many wondering where’s that wealth may be. With the US Senate and House elections inching closer, the President has ramped up his efforts to win swing voters as he bragged about the nation’s […]

Rodrigo Alves net worth: Human Ken Doll and ex Celebrity Big Brother star’s wealth

Rodrigo Alves is a TV personality who has undergone 62 plastic surgeries. He has spent more than £500,000 in his quest to look the way he does, so it’s unsurprising that the Human Ken Doll has a substantial fortune. Alves has an estimated wealth of over £30 million and is financially secure for life. He […]

Switzerland chooses gold bullion over paper wealth backed by US dollar

Another country is betting on physical gold. Switzerland’s pension fund has boosted its investments in bullion, switching from the paper-backed securities in US dollars. Read more “The Swiss government Pension System decided to change from paper gold in the amount of 700 million CHF into physical gold and store it in Switzerland. The 700 million […]

Striking maps reveal the huge wealth gap between San Francisco and the rest of the country

Google Earth/Leanna Garfield The typical San Francisco household makes about $ 96,677 each year. That’s nearly double the national median household income of $ 57,617, according to the US Census Bureau.  A new interactive map — which plots average incomes in counties across the US — visualizes the enormous wealth gap between the San Francisco Bay Area and the […]

Which singer saw his wealth increase by £28m – more than any other British musician?

While at 35th place in the overall list of richest UK musicians, the Shape Of You singer is second-wealthiest young musician. Sir Paul McCartney is the richest musician in the history of the Rich List. The ex-Beatle and his wife, heiress Nancy Shevell, enjoy a combined wealth of £820 million, putting them at the top […]

THE DIGITAL EVOLUTION OF WEALTH MANAGEMENT: How wealth managers are using emerging technologies to improve the user experience, while cutting costs and boosting revenue

BI Intelligence This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. An increasing number of wealth managers are using new technologies to make their operations more efficient and to increase customer satisfaction. The technologies they are implementing include […]