Australia’s high-net-worth population is growing – fast – and the wealthiest of those saw their portfolios rise across 2025 despite episodes of volatility, a new LGT Wealth Management Report shows.
Ticketmaster, in response, said it would cap the resale ticket prices at their original price.
Bitcoin’s month-long selloff has wiped a large portion of the gains it made since November last year, after President Donald Trump’s election win.
The president had a record net worth of $7.3 billion in September.
A 2025 MIT study found that using generative AI boosts productivity but reduces memory and cognitive engagement, with brain connectivity dropping by up to 55%. Yet, Nature Neuroscience research shows mindful use can enhance cognitive flexibility.
When I took my first steps into the world of business some 25 years ago, I didn’t anticipate I would one day be trying to reimagine the economy from inside a very hot tent in the Glenworth Valley. But here I am, in the throes of the hottest October on record, trying to reimagine the economy from inside a tent.
Forbes raised questions about a massive funding round metaverse-turned-AI firm Napster supposedly raised in January. The money is never coming, the company said Thursday.
The Sports Australia Hall of Fame awards are in their 40th year. F1 and surfing legends Oscar Piastri and Layne Beachley were presented with the top awards, and six other Australian sports superstars were inducted into the coveted group.
Ferrari, Mercedes and McLaren top Forbes’ 2025 list of Formula 1’s most valuable teams. See the latest valuations of the financial powerhouses on the F1 grid.
The consumer base for luxury goods is shrinking—but the ultrawealthy are still spending.