News Economics

Billionaires Avoid Taxes: Wealth Tax Needed?

Billionaires are using legal gray areas, bordering on the edge of legality, to avoid paying almost no income tax. The EU Tax Observatory is calling

 News Economics

Satisfaction over Wealth: No Billionaires Wanted

A recent study challenges the long-held belief in economics that humans have unlimited desires and constantly strive for more wealth. Researchers from the University of

 News Economics

Social Media Posts Reveal Income

A recent study conducted by researchers at Queen Mary University of London has found that social media posts can provide accurate insights into a user’s

 News Economics

German households own €316,500

The Covid-19 pandemic has contributed to a record high in the net worth of German households, reaching €316,500, according to a study by the Deutsche

 News Economics

Millionaires Hit Hard by Economic Situation

The number of millionaires worldwide has decreased for the first time in a decade due to the impact of stock market crashes, high inflation, and

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Record High Number of Millionaires

The number of dollar millionaires has reached a new record high, according to the Global Wealth Report by Swiss bank Credit Suisse. Despite the Covid-19

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Average German Household Wealth: €232,800

The average net worth of private households in Germany is 232,800 euros, according to a study by the Deutsche Bundesbank. However, the median net worth

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Wealthy Get Richer During Covid-19

The world’s wealthy have benefited from the economic recovery and rising stock prices over the past year, with Germany ranking among the top three countries

 News Economics

Germans Have Highest Private Wealth in Europe

Germany Leads EU in Private Wealth with 2.9 Million Millionaires Germany has emerged as the country with the highest private wealth in Europe, according to

 News Economics

German Wealth Underestimated by Statistics

A recent study by the Deutsche Bundesbank (BBk) has revealed that the average net worth of households in Germany is €232,800, with a median of