DUBAI: DIFC Innovation Hub, Julius Baer, and Euroclear have released a whitepaper exploring how technology is transforming wealth transfer, particularly in the Middle East, where an unprecedented $1 trillion (AED 3.67 trillion) generational shift is underway. The Navigating the Future of Inheritance report highlights the urgency of modernising inheritance processes, especially as High Net Worth […]
The Billionaire III is an impressive watch that builds on the legacy of the original Billionaire model by Jacob and Co. A video of Bollywood superstar Salman Khan flaunting one of the world’s most coveted watches has taken social media by storm. In the clip, Jacob Arabo, the mastermind behind Jacob & Co, helps Salman […]
Matthew Perry’s $20M per year ‘Friends’ royalties will go to his parents Matthew Perry’s substantial wealth, including an estimated $20 million annual ‘Friends’ royalty, is expected to be distributed among his family members. Regrettably, at the time of his passing, Perry was single and childless. Consequently, his parents are most likely to divide the funds […]
UAE: 1-in-4 Baby Boomers don’t trust the younger generation to use their inheritance wisely, according to a national survey by professional services firm, Progeny. Additionally, nearly half (48%) of Baby Boomers say the attitudes and priorities of younger generations affect their decision-making around transferring wealth to the next generation. The research report – Planning to pass it […]
The three-fingered salute from “The Hunger Games” movies flashed by Thai protesters at the royal motorcade this week has become the primary symbol of resistance in the kingdom in recent years. The gesture is a way to signal support for greater democracy, but also anger towards the country’s royalist military establishment at a time when […]
The personal net worth of Indian big-wig Mukesh Ambani rose by 73 per cent to Rs 6.58 trillion, earning him the title ‘Asia’s richest’ for the ninth consecutive year on Tuesday. Ambani, 63, who heads the prolific Reliance Industries, one of India’s top-leading firms, is also among the top five wealthiest at a global level, […]
