Did you know EU countries hold only 16.6% of the world’s personal wealth? In Europe, this rises to 22.3% when four more countries are included. The US holds more than a third, and China about a fifth.
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. The world’s 3,000 billionaires should pay a minimum 2 percent tax on their ...
Despite slowing economies in parts of Europe and Asia, global household wealth surged again in 2024, hitting a record €269 trillion (U$312.6 trillion). The new Allianz Global Wealth Report 2025 ...
The last decade has been very lucrative for the world’s super-rich residents, fueling the drive by some advocates to tax them more. The top 1% has seen its wealth soar by $42 trillion over the past ...
Over the last decade, calls to tax the rich have grown louder around the world — but the needle hasn't exactly moved. Billionaires are still amassing huge amounts of money each year and they're paying ...
ZURICH, Aug 15 (Reuters) - Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to rise 38% by 2027, driven largely by emerging markets, a ...
Billionaires worldwide should have to pay a 2% wealth tax, the EU Tax Observatory says. Its researchers estimated that this would raise close to $250 billion annually. "Glaring tax disparity ...
ARLINGTON, Va., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Sovereign wealth funds now make up a record share of assets among the largest 100 global asset owners, according to new research by leading global ...
Global wealth shrank last year for the first time since 2008, a new UBS study showed. That's thanks to a trifecta of inflation, rising interest rates, and currency depreciation against the US dollar.
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