Donald Trump’s wealth has increased sharply since he returned to the White House in January 2025. The US president is now estimated to be worth around $6 billion, compared with $2.3 billion in 2024, according to Forbes. This means his estimated wealth has increased by about $3.7 billion. US President Donald Trump speaks about his … Read more
US President Donald Trump has pledged to support states seeking to expand artificial intelligence (AI), arguing that the rapidly developing technology could bring significant economic benefits and create new opportunities across the country. Donald Trump voiced support for states attracting AI companies and infrastructure, saying the technology could generate wealth. (REUTERS) In a social media … Read more
Norway’s sovereign wealth fund, the largest in the world, reported a loss of nearly $30 billion in the third quarter of 2026. The loss came as rising interest rates reduced the value of its bond investments. Norway’s $2.3 trillion sovereign wealth fund reports a $29.7 billion loss in Q3 2026. (Pexel) The fund recorded a … Read more
Financial troubles forced Gilcrease to give up control of his collection and museum to the City of Tulsa in 1955. Thomas Gilcrease was just nine-year-old when he became eligible for a 160-acre land allotment in Oklahoma through his Creek tribal membership in 1899. The land, near present-day Glenpool, later became part of the Glenn Pool … Read more
Kansas Republican Senator Roger Marshall has an impressive net worth of $6.06 million, according to Quiver Quantitative, a market analysis firm. But the source of that wealth could potentially be sketchy, a New York Times report on Tuesday flagged. Sen. Roger Marshall, R-Kan., speaks at the Senate Finance Committee confirmation hearing for Scott Bessent on … Read more
US set to take control of major portion of Venezuelan oil wealth The US is set to take majority control over a huge amount of Venezuela’s oil wealth in an unprecedented manoeuvre that officials said would create the world’s second-largest private oil company by reserves and secure American petroleum supplies for decades to come.President Donald … Read more
Oil prices cross $100, markets in trouble: How Iran war could hit Indian investors $240 billion Indian stocks plunge on geopolitical tensions middle East triggered a wave of global financial uncertainty, according to market The latest sell-off wiped out nearly $240 billion in investor wealth in just one week, according to data compiled by the … Read more
Indian expats in Sharjah win Dh15 million in Abu Dhabi lottery An expat living in Sharjah has become the UAE’s latest multi-millionaire after winning a Dh15 million jackpot in the Big Ticket Abu Dhabi draw, one of the Gulf’s most popular monthly lotteries. The winner, Vibeesh Palliyali, purchased the winning ticket (number 394150) on February … Read more