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Keywords: Wealth
The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......
Morocco’s economy expanded by 3.7% in 2023, showcasing resilience amid global challenges. However, a new report by the High Commission of Planning (HCP) reveals that the benefits of this growth were not evenly distributed across the country, with significant regional inequalities persisting. The......
Morocco has solidified its position as the third wealthiest nation in Africa, boasting approximately 7,500 millionaires, according to the Africa Wealth Report 2025 by Henley & Partners in collaboration with New World Wealth. This achievement highlights the country’s economic resilience and......
Saudi Arabia’s nearly $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), announced that artificial intelligence and automation now underpin “every layer” of its operations. This integration is not only reshaping the fund’s investment strategies but also reflecting......
Norway’s government has directed its sovereign wealth fund, the largest in the world valued at $2 trillion, to reevaluate its holdings in Israeli companies accused of complicity in human rights violations during the ongoing Gaza conflict. This move comes after reports linked some investments to......
According to Forbes’ July 2025 data, the United States is home to 125 billionaires of foreign origin, a significant increase from 92 in 2022. Among them, 8 billionaires have African roots, and together they control a staggering $413 billion, equivalent to nearly one-third of the total wealth held......
The growing influence and wealth of global elites have become a focal point of public frustration, straining the social fabric amid rising inequality. This tension manifests across continents, with economic disparities and elite dominance reshaping political and cultural landscapes. Elite universities......
The world's wealthiest 10% of individuals are responsible for two-thirds of global warming since 1990, according to groundbreaking research. This study, the first of its kind to quantify the impact of concentrated private wealth on extreme climate events, sheds light on how the consumption and investment......
Spain's wealth tax, known as el impuesto de patrimonio, is primarily administered at a regional level, allowing autonomous communities to provide various discounts and exemptions that can be particularly advantageous for high-income foreigners. Understanding these nuances is crucial for those looking......
