Tag - wealth

 
 

WEALTH

Japan Times
WORLD / Crime & Legal
Jul 20, 2020
Mystery of Ghislaine Maxwell’s wealth hangs over sex-abuse case
Evidence of great wealth on Maxwell's part could bolster prosecutors' depiction of her as fully complicit in Jeffrey Epstein's crimes.
Japan Times
ASIA PACIFIC / FOCUS
Jul 18, 2020
Hong Kong’s yawning wealth gap grows wider amid pandemic
Hong Kong is emerging as a case study of how the coronavirus pandemic is affecting vulnerable members of society, as tens of thousands have been thrown out of work with little social safety net to support them in one of the world’s most unequal and expensive cities.
Japan Times
BUSINESS / Companies
Jul 10, 2020
SoftBank’s Masayoshi Son defies critics to engineer record fortune
It is the first time the 62-year-old's fortune has topped $20 billion since January 2013, when the Bloomberg Billionaires Index first started tracking his wealth.
Japan Times
BUSINESS / Companies
Jul 3, 2020
Jack Ma’s rival saw his wealth surge by $25 billion. Then he quit
Colin Huang, who has overseen the firm as its American depositary receipts have more than quadrupled in less than two years, has stepped down as chief executive officer.
Japan Times
ASIA PACIFIC
Jun 22, 2020
South Korea's wealthy, passed over by pandemic pain, splurge on Porsches and BMWs
In many ways, experts say, the rising sales of imported cars illustrate the widening wealth gap during the pandemic in South Korea.
Japan Times
ASIA PACIFIC
Jun 19, 2020
Thailand aims to turn away from mass tourism and target wealthy
Thailand’s tourism-revival strategy is to target big spenders seeking privacy and social distancing in the COVID-19 era, rather than try to attract a large number of visitors.
Japan Times
BUSINESS / Tech
Jun 11, 2020
Founder of software company who turned down SoftBank joins ranks of Japan’s billionaires
Masayoshi Son had offered to buy Shunji Sugaya's business idea for $2.8 million.
ASIA PACIFIC
May 26, 2020
Rich Chinese snapping up luxury homes from Singapore to Sydney
Rich Chinese investors are finding luxury real estate is a good hiding place from the economic fallout of the coronavirus.
Japan Times
BUSINESS
May 8, 2020
Singapore expats ask for rent cuts as employers tighten belts
Singapore expats are often envied for their generous pay packets but facing the prospect of salary cuts as the coronavirus batters businesses, some are tightening their belts and asking for lower rent.
Japan Times
ASIA PACIFIC
Apr 28, 2020
The British expat paying $7,000 a month to swim in Singapore’s lockdown
Not helping any with Singapore’s image as home to a bunch of crazy-rich Asians comes the almost too-ridiculous-to-be-true story of a man who rented a swimming pool for 10,000 Singapore dollars ($7,040) a month.
Japan Times
WORLD
Apr 22, 2020
‘We needed to go’: Rich Americans activate pandemic escape plans
As coronavirus infections tore across the U.S. in early March, a Silicon Valley executive called the survival shelter manufacturer Rising S Co. He wanted to know how to open the secret door to his multimillion-dollar bunker 11 feet underground in New Zealand.
Japan Times
WORLD / Politics
Mar 21, 2020
Mike Bloomberg gave almost $1 billion to his presidential campaign
Mike Bloomberg put a record $935 million into his short-lived Democratic presidential campaign through February, including $474 million last month alone, according to his monthly Federal Election Commission filing on Friday.
Japan Times
BUSINESS / Tech
Mar 14, 2020
Bill Gates leaves Microsoft board to focus on philanthropy
Bill Gates is stepping down from the board of Microsoft Corp., the company he co-founded in 1975 and built into the world's largest software maker, to devote more time to philanthropy.
Japan Times
BUSINESS
Feb 6, 2020
Goldman Sachs poised to enter Japan wealth management business
Goldman Sachs Group Inc. plans to start offering wealth management services in Japan, a person with knowledge of the matter has said.
Japan Times
JAPAN
Jan 27, 2020
Ghosn's escape exposes business jet industry's security loopholes
Beside the prominent entrance to Kansai International Airport's Terminal 2, which serves several budget airlines, is a nondescript door to which a sign saying Premium Gate Tamayura has been affixed.
Japan Times
BUSINESS
Jan 20, 2020
Global survey finds capitalism is apparently doing more harm than good
A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week's Davos meeting of business and political leaders.
COMMENTARY / World
Jan 11, 2020
What my younger self never expected
At the start of a new year and a new decade, it is both humbling and illuminating to reflect on major global developments that no one saw coming just a few decades ago.
Japan Times
BUSINESS
Dec 29, 2019
World's richest gain $1.2 trillion in 2019 as Jeff Bezos retains crown
The leveraging of a giant social-media presence, a song about sharks and a collection of junkyards are just a few of the curious ways that helped make 2019 a fertile year for fortunes to blossom around the world.
Japan Times
BUSINESS
Dec 24, 2019
Asia's richest man, Mukesh Ambani, saw wealth surge $18 billion this year
It's been a good year for Asia's richest man, Mukesh Ambani.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?