Disillusioned at home, super-rich Chinese set their sights on Singapore
With its tax-friendly regime and seen as politically stable, Singapore has long been a haven for ultra-rich foreigners.
China's super-rich see fortunes plunge as economy slows
The global economic outlook has been heavily impacted by the war in Ukraine and slowing economic growth in China made worse due to the country's ultra-strict Covid policies and prolonged property slump.
Ultra-rich UK PM to move into small Downing Street flat
Sunak's portfolio of properties reportedly includes a penthouse in California, an apartment in London's exclusive Kensington district and a mansion in his Yorkshire constituency in the north of England.
China eyes its rich in drive to reduce inequality
China does not currently have nationwide direct property taxes, and does not levy an inheritance tax.
Superyacht sales buoyant as mega-wealthy seek Covid escape at sea
Most megayacht owners do not want or need to go near populations in peril on the land during the pandemic.
Rich and poor vaccine divide worsening, warns WHO
WHO emergencies director says only one disease – smallpox – has ever been eradicated, so the availability of vaccines against Covid-19 does not mean the disease can be wiped off the face of the Earth.
Covid-19 condemns billions to poverty for a decade
The 1,000 richest people on the planet recouped their Covid-19 losses within just nine months, but it could take more than a decade for the world’s poorest to recover, says Oxfam report.
