Rich Monitor
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$95 Million Trump House Could Be Sold–Again
Donald Trump set a record when he sold a house for $95 million last year. It was, he proudly pointed out, the largest amount paid in the U.S. for a single-family home.
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China becomes the new destination for super-yachts
Sales of super-yachts are likely to soar in China, as the country is forecast to overtake the rest of the world in millionaire numbers.
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TCI profits hit record £555m on ABN Amro gain
UK hedge fund manager The Children's Investment Fund Management, better known as activist shareholder TCI, lifted its revenue and profit by more than 70% last year in its fourth consecutive year of double-digit increases.
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Beware the Wall Street salary monster
On Wall Street, bonuses are out, bigger salaries are in. But as Wall Street seeks to skirt public outcry over bonuses, it could be creating a different kind of compensation monster.
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What Is Michael Jackson’s Estate Worth?
It’s well known that Michael Jackson died with piles of debt.
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€2,000 for a bottle of water? Join the queue
Most people would balk at the idea of spending €2,000 on a bottle of mineral water – even if it is infused with gold.
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Guest Comment: Millionaires to enjoy post-dotcom-style rebound
The World Wealth Report from Merrill Lynch and Capgemini shows the wealth of the world’s millionaires plunged $7.9 trillion to $32.8 trillion in 2008. No great surprise there, courtesy of the credit crisis.
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News Analysis: So who has the world's best pension system?
There was a blizzard of dire warnings this week about a global pensions crisis, following the publication of a comprehensive report from the Organisation for Economic Co-operation and Development. But which country has got it most right on pensions and why? The answer may surprise you.
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EVCA calls for regulations to affect billion-euro club
The private equity and venture capital industry has responded to regulatory efforts being imposed by the European Commission by calling for the legislation to only affect large firms managing more than €1bn ($1.4bn).
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Russia's richest man moves to Siberia to pay taxes
For many, mention of Siberia conjures up an image of freezing wastelands and Stalinist gulags.
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Brummel
Relocation, relocation, relocation
Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.
Rich Monitor
$95 Million Trump House Could Be Sold–Again
Donald Trump set a record when he sold a house for $95 million last year. It was, he proudly pointed out, the largest amount paid in the U.S. for a single-family home.
