By Statista On Tuesday, June 19th, 2018

Wealth: Where the Rich Park Their Money

by Dyfed Loesche, Switzerland still is the prime destination for offshore wealth worldwide. According to the Boston Consulting Group, foreign private capital reached 2.3 trillion dollars in 2017. However, More...

By Jewish Business News On Tuesday, May 29th, 2018

Why Will Billionaire Roman Abramovich Not Pay Taxes in Israel?

It all began in October 2009, when Hollywood businessman and filmmaker Arnon Milchan returned to Israel. Before his return, his lawyer, Pini Rubin, convinced the tax authorities to amend the law that would allow More...

By Yael Ella On Monday, May 14th, 2018

Who’s in the UK Rich List 2018? Not Queen Elizabeth

When The Sunday Times Rich List started in 1989 Queen Elizabeth II was the wealthiest person in the UK. In 2015 Queen Elizabeth was not even ranked amongst the list’s top 300. Today Businessman Jim Ratcliffe More...

By Dyfed Loesche On Thursday, March 29th, 2018

BONUS BONANZA: Wall Street Bonuses Outpace Household Income

  Bonuses on Wall Street are up sharply! Profits in the securities industry rose in 2017 for the second consecutive year. The average bonus paid to industry employees in New York City jumped 17 percent to More...

By Shlomi Ella On Sunday, February 4th, 2018

Wall Street: The World’s Richest People Lost $ 70 Billion in One Day

  The world’s 500 richest people lost $ 68.5 billion last Friday, following the sharp falls on Wall Street that stemmed from investors’ fear of a rate hike. Billionaire Warren Buffett headed the More...

By Shlomi Ella On Thursday, December 28th, 2017

The Israeli in Apple Johny Srouji Receives $24 Million This Year

Johny Srouji, Apple’s senior vice president, and most senior Israeli has reached the second on Apple’s highest-paid list this year. Apple’s announcement to shareholders reveals that Srouji made More...

By Bloomberg On Wednesday, December 27th, 2017

World’s Wealthiest Became $1 Trillion Richer in 2017, Bloomberg

The richest people on earth became $1 trillion richer in 2017, more than four times last year’s gain, as stock markets shrugged off economic, social and political divisions to reach record highs.  The 23 More...

By Nir Eyal On Friday, March 10th, 2017

Sir Martin Sorrell to Receive £41.5 Million From WPP Award Incentive Scheme

Sir Martin Sorrell, the marketing and advertising company WPP’s boss, drew criticism after he was paid £70 million in 2016, pay had risen 54% , one of the biggest payout to the chief executive ever awarded More...

By Shai Genish On Thursday, November 3rd, 2016

Mark Zuckerberg’s Fortune Drops $3.7 Billion in 2 Hours

  Facebook CEO Mark Zuckerberg suffered a loss of billions in hours. Two hours after the market closed on Wednesday, the fifth-richest person on the plant, Facebook CEO Mark Zuckerberg, found that $3.7 More...

By Jewish Business News On Monday, September 5th, 2016
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Teddy Sagi Profits From Acquisition of Austrian Conwert Immobilient For €1.7 Billion

Vonovia SE, a German real estate company, has acquired Austrian company Conwert Immobilient Invest SE for €1.7 billion. Israeli billionair Teddy Sagi has a 24.79% shares in Comwert, which he acquired More...


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