Jewelry as a part of an advertising contract

TopWealthWorld reveals which specific jewelry pieces have appeared in globally renowned films. Frequently in movies, real jewelry is featured rather than costume jewelry, and there are various reasons for this. For instance, Elizabeth Taylor loved wearing her own precious gems on-screen, and since she was a devoted admirer of the art of jewelry, you can (more…)

Unicorns are rare again

Unicorns, once elusive creatures of the startup universe, are again becoming a rarity. According to the latest data from Pitchbook, July saw just 3 new companies reach the $1 billion valuation necessary to join the club — a paltry count in comparison to the 67 that emerged back in December 2021. The term “unicorn“, artfully coined by venture capitalist Aileen Lee in (more…)

Taxing great wealth in the EU

The European Commission has decided to register a European Citizens’ Initiative (ECI) titled ‘Taxing great wealth to finance the ecological and social transition’. The initiative organizers are urging the Commission to establish a European tax on substantial wealth to support ecological and social transitions. This initiative aims to combat climate change, reduce inequality within the (more…)

Nearly 5% of Hungary’s GDP was saved in offshore accounts

Tax havens are leading to significant financial losses for countries across the world. Both corporate tax avoidance and individuals’ offshore assets are contributing to these losses. Despite Hungary being considered a tax haven for companies due to its low corporate tax rate, almost five percent of the country’s domestic GDP has been moved to offshore (more…)

Italy’s parliament poised to approve fiscal reform plan

Summary: Italy’s government is poised to clear the final major legislative hurdle in plans to introduce contested fiscal reforms that include tax cuts and will give authorities more leeway to cut deals with corporate and individual tax-dodgers. The Senate will adopt the reform on Wednesday, leaving the lower parliamentary house to rubber-stamp it in a (more…)

Saudi Transfer Spending on Par With European Top Leagues

After successfully shaking up the world of professional golf, Saudi Arabia’s Public Investment Fund (PIF) has now set its eyes on the most popular sport in the world: football. Two years after taking over Premier League club Newcastle United, the Saudi sovereign wealth fund is now aiming to push its domestic league into the spotlight (more…)

Australian unicorns

What is a unicorn company? A unicorn company is a privately-held start-up business valued at more than $1 billion. In other words, the company has reached the valuation of $1 billion without being publicly listed on any stock market.  Unicorns derive their value from the valuations of investors who participate in the financing rounds of (more…)

Graphic: Flowers Export In The World

Very interesting graphics of flowers export in the world. The Netherlands, the country of tulips, remains the king of this market. Moreover, it should be noted that not all flowers sold at auction in Aalsmeer are grown in the country.