The Tokyo-based firm is seeking to more than double assets under management at the global unit to $60 billion, and expects its relationship manager headcount to grow by about 50. Read more
Between 2011 and 2023, the wealth of Japan’s rich more than doubled and super rich tripled. Read more
Trump has halted most U.S. government-funded aid globally for 90 days, while moving to dismantle USAID, which he accused of being run “by a bunch of radical lunatics.” Read more
Another way of looking at it: Every day over the past couple of years, roughly 30,000 people moved out of extreme poverty worldwide. Read more
The United Nations says that, at best, it will be able to raise enough money to help about 60% of the 307 million people it predicts will need humanitarian aid next year. Read more
Small business jets are garnering attention as a means for wealthy foreign travelers to journey to various regions across Japan. Read more
From on-demand helicopters to private superyachts, the spending power of ultrarich travelers could be the key to revitalizing regional areas in Japan to give the country a much-needed boost... Read more
For years, the Harvard College China Forum brought business moguls en masse to the university’s oak-paneled rooms, including Alibaba Group founder Jack Ma, Xiaomi’s Lei Jun, Blackstone’s Ste... Read more
Privilege is often carved into walls and etched into the landscape. Read more
Wealth and income inequality have recently gone down in the U.S. and other parts of the West, and the decline has been going on for the better part of the last decade. Yet it is not clear, t... Read more