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October 6, 2025

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The super-rich

Transactions involving Bernard Arnault investigated over suspected money laundering

Paris public prosecutor’s office examining ski resort deal but Russian businessman Nikolai Sarkisov denies personal involvementThe Paris public prosecutor’s office is investigating financial transactions allegedly involving the French billionaire Berna…

September 29, 2023
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Owners of 100,000 properties held by foreign shell companies unknown despite new UK laws

Loopholes are used to obscure ownership of two-thirds of English and Welsh properties held by foreign shell companiesMore than two-thirds of English and Welsh properties held by foreign shell companies do not report the identity of their owners, accord…

September 3, 2023
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Police investigate after $30m super yacht destroyed by fire in Sydney

Only debris remained after crews were unable to extinguish the blaze that engulfed the multimillion dollar vesselFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastPolice and f…

September 3, 2023
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‘Modest’ wealth tax could raise more than £10bn for public services, says TUC

Union body raises idea of levy on UK’s richest 140,000 people as it calls for ‘national conversation’ on issueA “modest” wealth tax on the richest 140,000 people in the UK could raise more than £10bn to help pay for public services, according to the Tr…

August 11, 2023
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Ukraine creates database of art linked to sanctions-hit Russians

Corruption agency hopes portal will ‘make it difficult for Russian oligarchs to sell such assets’Russia-Ukraine war – latest news updatesFrom Leonardo da Vinci’s Salvator Mundi to Andy Warhol’s Four Marilyns, it amounts to an art collection that could …

August 8, 2023
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Jim Ratcliffe’s charity cleared by regulator after preliminary investigation

Foundation set up by Sir Jim Ratcliffe, the UK’s richest person, had provided funding for a luxury clubhouse at ski clubThe Charity Commission has closed a preliminary investigation into concerns about governance at a charity set up by the UK’s richest…

July 27, 2023
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Farage affair is ‘a monumental PR disaster’ for exclusive bank Coutts

Private lender’s reputation is at risk after decision to cut ties with former Ukip leader and comments about himNatWest boss apologises to Nigel Farage over Coutts account closure rowExplainer: What the new rules on bank account closures meanFor 331 ye…

July 20, 2023
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Sanctions regime put to legal test in UK as oligarch seeks release of assets

Eugene Shvidler’s high court case could set precedent on delisting of sanctioned individualsThe lawfulness of the UK sanctions regime set up in the wake of Russia’s invasion of Ukraine faces its biggest legal test on Thursday when a Soviet-era oligarch…

July 19, 2023
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Super-rich warned of ‘pitchforks and torches’ unless they tackle inequality

Global elite told at London’s Savoy hotel of real risk of ‘civil disruption’ if more is not done to help struggling millions Business live – latest updatesIn the ballroom of the five star Savoy hotel on the Strand in central London, the super-rich and …

June 30, 2023
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An ‘unbelievable deal’? The $200m mansion reportedly bought by Beyoncé and Jay Z

40,000 sq ft manor overlooking the Pacific Ocean in Malibu is thought to be California’s most expensive home everWith its steep green cliffs overlooking the Pacific Ocean, Malibu is a top contender in America’s ultra-luxury real estate market. Its rise…

June 2, 2023
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