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Showing 21 - 30 of 219 results for "Fortune"

Marriage splits for Australia's richest

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... set to reduce his paper wealth by 60%, taking him from the country's richest man to its eighth. Nicola Forrest's paper fortune is now approximately $1.1 billion more than her ex-husband's, making her the second wealthiest woman in Australia. It comes ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... pulling power. Breaking into the market and competing at an institutional level is very hard." Irrespective of the future fortune of EDX Markets, the partnership between Fidelity and Charles Schwab is a stark reminder of the stranglehold existing financial ...

Soros hands the reins to son

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... voting and abortion rights." "I'm more political than my father," he said. The Hungarian-American businessman built his fortune by establishing the Soros Fund (later the Quantum Endowment Fund) in the 1970's, and is well-regarded as one of the ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
According to Oxfam, the richest 1% of Aussies have accumulated 10 times more wealth than the bottom 50% in the past decade. In its latest report, titled Survival of the richest, Oxfam found that Australian billionaire wealth is 61% higher than it was ...

New Ethereum ETF launches on Cboe Australia

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
... from accusing Mark Zuckerberg of stealing their idea for a social network and later for amassing a US$6 billion Bitcoin fortune. Cboe Australia chief executive Vic Jokovic welcomed CPET to the exchange and said: "We're pleased to expand our partnership ...

Pandemic created a new billionaire every 30 hours: Oxfam

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
Billionaire wealth soared during and after the pandemic, with a new billionaire created every 30 hours in 2022, a new Oxfam International brief reveals. According to Oxfam, the total wealth of the world's billionaires is now equivalent to 13.9% of global ...

Chief economist: Thank you, Putin

BENJAMIN ONG  |  THURSDAY, 24 FEB 2022
... Edwin Starr "Crude soars, and stocks and crypto bomb lower, as fears of a Russia-Ukraine war consume global markets" - Fortune.com (22 February 2022) "The Dow Falls Just Short of a Correction. Could the Russia Effect Be Tightening Its Grip?" - Barrons.com ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ...

Citi adds to APAC leadership

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... multi-national clients. GSG has a presence in 15 markets in the Asia Pacific region and banks two thirds of the global Fortune 500 companies in Asia. Prior to joining Citi, Choe spent six years at HSBC Hong Kong working in regional acquisition finance ...

Water, water everywhere but nothing to drink

BENJAMIN ONG  |  TUESDAY, 18 JAN 2022
Another two covid years over, a new one's just begun. Although still not proved beyond the shadow of a doubt, since the first bat flapped its covid wings in Wuhan (China), it has gone through several mutations - most notably, Alpha, Delta and now Omicron ...