Wealth

Bengaluru-based broking firm Groww is likely to finalise the IPO price band by the middle of October and is aiming at a November listing.

Exclusive club: These few surnames dominate India's richest families, says Hurun's list

Agarwal and Gupta were the two most shared surnames by India’s richest business families, both tied at 12

Chaitra Navratri 2025: Get Zodiac-Based Remedies for Happiness, Health, and Wealth

Unlock happiness, health, and wealth with zodiac-based solutions during Chaitra Navratri 2025. Discover personalized rituals, mantras, and remedies for your zodiac sign.

Morgan Housel Reveals The Secrets To Smart Money Decisions

Morgan Housel shares timeless money lessons, the biggest financial mistakes people make, and how AI, automation, and social media are reshaping investing. He also reveals insights from top investors and the key to building and keeping wealth. Nandita Khemka and Ashish Rukhaiyar caught up with the author of The Psychology of Money at Moneycontrol’s Global Wealth Summit.

Billionaire Bloat-o-Meter: A new lens on billionaire wealth—India’s red flag, China’s green light 

The Billionaire Bloat-o-Meter (BBM) measures billionaire wealth relative to GDP, highlighting economic imbalances. India’s soaring BBM signals risk, while China’s decline suggests stabilisation. As governments often intervene in such imbalances, China’s policy shifts could offer investment opportunities

Number of high net worth individuals in India increases by 6% in 2024, finds Knight Frank

In its projections, Knight Frank said that the number of high net worth individuals in India is expected to reach 93,758 by 2028.

Elon Musk still the richest person in history; first in world with net worth over $400 billion, powered by Tesla, SpaceX

Elon Musk’s fortune, estimated at over $400 billion by both Bloomberg and Forbes, gained remarkable momentum overnight. His net worth saw a record one-day surge of $62.8 billion, largely due to the SpaceX buyback deal.

Wealth of several outgoing Maharashtra ministers spiked more than 100% in 5 years: Reports

Affidavits filed by the 27 outgoing Maharashtra ministers have revealed that several saw a substantial jump in their assets, with Aditi Tatkare and Sanjay Rathod becoming wealthier by 772 percent and 220 percent over the past five years, respectively.

'I had $50 million and then I had nothing': Al Pacino on his early-career spending habits

The 84-year-old actor was in his seventies when he learned his accountant had mismanaged his funds leaving him almost broke.

Vastu tips: Use mirrors, declutter, hang wind chimes in your home to attract money and positivity

Vastu tips: If you’re looking to boost the financial energy in your home and invite positivity into your life, simple Vastu tips can attract positive energy, wealth, and prosperity. Even small changes, like a placing water feature or a money plant, can attract financial growth and prosperity.

Only 33% of American millionaires think they are rich, finds study

Just 12 percent of Americans think of themselves as wealthy, the report stated. It added that in recent years, inflation has played an important role in raising the bar on the amount of money people believe they need to feel wealthy.

Nvidia’s Jensen Huang loses $10 bn in his biggest wealth wipeout

Huang’s net worth slumped about $10 billion to $94.9 billion on Tuesday, the biggest single-day dollar drop for him since the Bloomberg Billionaires Index began tracking his wealth in 2016.

Woman made Rs 67 lakh 'dumpster diving' behind luxury stores. Her finds include...

The woman's latest finds from dumpster diving: nine brand-new New Balance sneakers, water bottles, T-shirts, and socks, all with price tags still attached.

There are more than 22 million millionaires in the world. Their total wealth is worth...

Rising wealth and inequality in the world have fuelled debates on making the rich pay their fair share of taxes. Brazil and France have pressed fellow G20 countries to set a global minimum tax on the world's wealthiest people.

Election Results: Nifty, Sensex Plunge Over 5% | Adani Stocks, L&T Top Losers in Trade | N18ER

The BJP-led NDA falling short of the expected landslide win saw the Sensex and the Nifty plunge over 8 percent during the day. The benchmarks recovered from the day’s losses but still ended sharply lower, down almost 6 percent from the previous day's close. The Sensex closed 4,389.73 points or 5.74 percent down at 72,079.05, while the Nifty tanked 1,379.40 points or 5.93 percent to close at 21,884.50. The mid & small cap indices closed down by up to 7 percent.

19-year-old Brazilian student Livia Voigt is the world's youngest billionaire

Livia Voigt attends university in Brazil and does not hold a seat on the board or executive position at WEG.

Musk leads world’s richest to $1.5 trillion wealth gain in 2023

The combined net worth of the 500 richest people surged by $1.5 trillion in 2023, fully rebounding from the $1.4 trillion lost the year prior, according to the Bloomberg Billionaires Index

Norwegian wealth fund mops up $143 billion profit as AI drives tech stocks

The $1.4 trillion fund’s holdings in tech companies witnessed a jump of nearly 39 percent in the period with Apple, Microsoft and Nvidia contributing the most to drive the fun’s 10 percent overall return.

What does it take to be among the wealthiest 1% in India? | The Knight Frank's report 2023

Global real estate agency Knight Frank said in its new wealth report that in India, the individual wealth required to reach the 1 per cent threshold is $175,000, i.e. around Rs 1.44 crore. Monaco tops the list with $12.4mn, The USA is placed 5th with $5.1mn and India is placed 22nd. The question is why it needs just $175,000 to be in India's wealthiest 1 per cent while it takes 5.1 mn in the USA. Watch the video to know the entire story.

India’s ultra-wealthy population to surge 58.4% in next five years: Knight Frank

In 2022, the global population of UHNWIs declined 3.8 percent after a record rise of 9.3 percent in 2021 as the wealth and investment portfolios of the ultra-wealthy were impacted by economic slowdowns, frequent rate hikes and rising geopolitical uncertainties.

Indian UHNWIs second only to Austria in gold investments: Report

Ultra-high-net-worth individuals from India had 6% of their investable wealth allocated towards gold in 2022; Austria ranked first on the list with an 8 percent allocation, says a Knight Frank report.

Investors' wealth plunges Rs 10.42 lakh crore in 7 trading sessions

Concerns over more rate hikes by developed economies, weak global equity markets and fresh foreign fund outflows from the domestic market have dented investor sentiments.

What’s Passive Income? It’s Not What Influencers Say It Is

Search “passive income” on YouTube, TikTok or Reddit and you’ll find a wealth of videos by people claiming they make thousands of dollars each month this way — whether they sell courses, e-books or other products online...

India’s super rich park 34% of wealth in equities and 25% in commercial realty: Study

On an average Indian super rich own 5.1 residential properties compared to the global average of 4.2 units

India's richest 1% own more than 40% of total wealth: Oxfam

Releasing the India supplement of its annual inequality report on the first day of the World Economic Forum Annual Meeting here, rights group Oxfam International said that taxing India's ten-richest at 5 per cent can fetch entire money to bring children back to school.