Family matters for future wealth

New research, for the first time using actual income numbers from two generations of Australians, reveals they do not easily move from low-income to high-income bands, however mobility is greater than the US. The analysis also suggests that family structure — who you’re married to, when you have children and how many you have — matters when it comes to income mobility.
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‘We need to trust the decision-making’ of OPEC: Russian sovereign wealth fund

"I think we need to trust the decision-making of the joint body because they're not interested in artificially high oil prices," says the CEO of Russian Direct Investment Fund, Kirill Dmitriev.
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Wealth of world’s billionaires grew 20% last year, study reveals

China's ultra-wealthy are driving the trend, adding two new billionaires per week last year, and growing at a rate almost double that of the Americas and Europe.
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