wealth Archive

futureBezos and Musk Will Both be Trillionaires in the Space Internet Age

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There are huge multi-trillion dollar opportunities developing with Space and the further evolution of the internet. Space launch and space satellites were already a $300 billion per year industry. Cloud Computing is a $200 billion market in 2018. Global Internet …

chinaChina dominating global luxury good and e-commerce sales

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In 2017, China’s purchase of luxury goods was equal to the USA and Japan combined. By 2024, China luxury goods purchases almost to the level of the USA, Europe and Japan combined. Consumers in China spent $118.39 billion on luxury …

cancerMicrosoft Co-Founder Paul Allen died from cancer at 65

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Microsoft Co-Founder Paul Allen died from complications of non-Hodgkin’s lymphoma on Monday afternoon. Allen’s Vulcan Inc. announced that he died in Seattle at 65 years old. Paul Allen has previously donated $500+ million to brain research $1 billion to Artificial …

technologyWealth investment app targets rich Singaporeans

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A Ping An Group spinoff has launched an online platform aimed at wealthy Singaporean clients. China’s largest companies are developing business in Southeast Asian and other international markets using cutting-edge technology. Leading Chinese wealth management group Shanghai Lujiazui International Financial …

japanYusaku Maezawa is the Billionaire who will flyaround the moon- Nextbigfuture had him favored

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Nextbigfuture wrote two days ago that its favorite pick of Japanese Billionaries was Yusaku Maezawa. SpaceX just announced he was the one who would be the SpaceX BFR tourist who will fly around the moon. Lasting about a week, the …

japanSpaceX Moon Orbit Tourist might be one of these Japanese Billionaires

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On Monday, there will be an announcement from SpaceX of moon orbiting tourist. The word is that the tourist is from Japan. The cost of the flight will probably be over $150 million. UPDATE: The Japanese billionaire was announced as …

amazonRichest man in the world has launched a $2 billion fund to help the homeless

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Amazon CEO Jeff Bezos, richest man in the world, and his wife have launched a $2 billion fund to help the homeless. They will create a network of nonprofit preschools in low-income communities. Jeff Bezos ($164 billion) has a higher …

asiaWorld population is now half middle class or richer

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There are 3.7 billion people in the global middle class ($11-110 per day in PPP). This is 48% of the world’s population. An additional 190 million (2.5%) are richer than global middle class. The world population is 7.65 billion. The …

carTesla is staying public at this time

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Most of Tesla’s existing shareholders believe Tesla is better off as a public company. Elon Musk is leaving Tesla as a private company for now. Given the feedback I’ve received, it’s apparent that most of Tesla’s existing shareholders believe we …

citiesChina’s Casino City Macau will have highest per capita GDP in 2020

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The IMF’s World Economic Outlook Update predicts Macau will behave the world’s highest per capita GDP of US$143,116 in 2020. Qatar will be second with US$139,151. Qatar has a population of 2.5 million. Macau has a population of 650,000. Macau …