Wealth

Private-credit investments are growing increasingly risky in Australia due to their heavy weighting toward the property sector, some of the nation’s biggest funds say.

Soaring valuations are fueling a rush of newcomers into private assets.

Ken Griffin’s Citadel will return about $5 billion of profits earned this year, bringing its assets under management to $67 billion, according to a person familiar with the matter.

Years before his death, Jeffrey Epstein appointed Jes Staley, a former top executive at JPMorgan Chase & Co. and Barclays Plc, as one of the executors of his will, according to new files released by the US Justice Department.

Keir Starmer’s Labour government has raised the threshold for inheritance tax on agricultural property from £1 million ($1.4 million) to £2.5 million, a major concession in a long-running battle with British farmers.

The stars seemed aligned for a breakout in digital assets as the year began. President Donald Trump, buoyed by millions in campaign support from the crypto industry, was promising a friendlier regulatory regime. Top financial firms were finally embracing the sector.

Alan Howard, co-founder of Brevan Howard Asset Management, joined the ranks of wealthy individuals exiting the UK amid tax hikes, surfacing as a resident of Switzerland.

Bet365 Group Ltd. founder Denise Coates was paid roughly £287 million ($388 million) in 2025, retaining her title as one of the world’s best-paid executives even as her gambling empire’s earnings slumped.

A Liechtenstein court said billionaire Zygmunt Solorz must hand over his Polish media empire to his three children, dismissing his appeal to block the succession in the latest chapter of a feud roiling the family business.

Larry Ellison has built the world’s third-largest fortune by holding tight to his Oracle Corp. stock, rarely selling his shares and instead relying on loans to fund billions in investments and lifestyle expenses.

The billionaire Cheng family have put a luxury London hotel up for sale as they grapple with liquidity challenges at debt laden Hong Kong property group New World Development Co.

A Silicon Valley-focused banking startup backed by Palantir Technologies Inc. co-founder Peter Thiel is expected to raise $350 million in a funding round that would more than double its valuation.

Kelly Loeffler, a member of President Donald Trump’s cabinet, and her billionaire spouse, Jeffrey Sprecher, purchased a modernist estate on Georgia’s Sea Island for $30 million, according to people familiar with the transaction.

Chock-full calendars, back-to-back calls, living out of suitcases and multiple deals packed into the same week defined 2025 for higher-education bankers, as they hustled to execute bond sales for universities.

Moody’s Corp. is moving its headquarters to Brookfield Place in lower Manhattan.

Nelson Peltz’s Trian Fund Management and General Catalyst agreed to buy Janus Henderson Group Plc in a deal that values the asset manager at about $7.4 billion.

Between the dotcom bust and the AI bubble era, what have we learned? 

Canada is considering changes to its ban on foreign home buyers starting in 2027, its housing minister said, as the government looks for ways to increase the supply of affordable places to live.

In the past year, Ronald Lauder’s brother Leonard died, his hometown of New York rejected his preferred mayoral candidate and antisemitic incidents rose around the world.

James Dyson is reshaping how he manages Britain’s biggest fortune, streamlining his sprawling business empire across three continents following new leaders taking the reins of his family holding company.