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Offshore investment advice: Magnus Heystek reveals how advisors are vilified in SA

Offshore investment advice: Magnus Heystek reveals how advisors are vilified in SA The Johannesburg stock market has perked up this year, sparking a fresh wave of attack on investment advisors who have recommended offshore diversification. The most high profile of these advisors is Magnus Heystek, who has been a household name since the 1980s when, as an award-winning finance editor, he introduced and developed the concept of demystifying personal finance to SA. His ‘Making Money Made Simple’ is on many bookshelves, as are his other books on investment topics. Heystek has built a hugely successful investment company in recent decades: Brenthurst Wealth Management manages about R14bn of assets on behalf of individuals. He continues to share his knowledge and insights, based on deep research, freely through his columns and appearances on radio and television with a view to empowering individuals to make the right choices with their money. In this article, Heystek lifts the lid on

South africaCity ofUnited kingdomSouth africansSouth africanJohn mauldinMercedez benzJim cramerMark mobiusMike schusslerClem sunterFrans cronjWayne mccurryMagnus heystekJohn templetonGiulietta talevi

How South Africa s richest 1% make their money

How South Africa’s richest 1% make their money Subscribe Wealth-X has published its wealth report for 2021, detailing how the world’s richest people make their money. In contrast to often-popular conceptions of wealth, most wealthy individuals across the globe are self-made, and created their fortunes without an inheritance, the report shows. This is particularly true at the very high net worth (VHNW) level, where more than eight in every 10 individuals are self-made. Wealth-X defines this group as those with a net worth of $5 million to $30 million. Of the remainder, around two-thirds have net worth that stems from a combination of inherited and self-created wealth, with only a small proportion relying solely on inheritance.

South africaUnited statesWestern capeSouth africansUniversity of the cape townHotels leisureStellenbosch universityUniversity of the witwatersrandNew world wealthCape townNorth americaSilicon valleyஒன்றுபட்டது மாநிலங்களில்மேற்கு கேப்பல்கலைக்கழகம் ஆஃப் தி கேப் நகரம்ஹோட்டல் ஓய்வு

Speculation on Wealth Tax Could Contribute to Further Emigration of South Africa s Wealthy

Speculation on Wealth Tax Could Contribute to Further Emigration of South Africa s Wealthy News provided by Share this article Share this article LONDON, April 28, 2021 /PRNewswire/ As many countries attempt to recover from the economic fallout of the pandemic, the introduction of a wealth tax has become an increasingly popular solution to tackle this. While some experts have concluded that a wealth tax could be a short-term tool to raise revenue, many others have also highlighted the concerns attached to the taxation. South Africa has become the latest country rumoured to introduce a wealth tax with a recent study by the World Inequality Lab demonstrating that the tax could generate up to 160 billion rand ($10.7 billion dollars). Similarly, experts at the University of the Witwatersrand in Johannesburg have suggested establishing a progressive wealth tax for those earning above 3.6 million rand which accounts for 354,000 high-earners in the country. While there have been no

South africaCity ofUnited kingdomSouth africanSouth africansMicha emmettWorld inequality labInvestment programmeUniversity of the witwatersrandAfrican revenue serviceBudget speechSouth african revenue serviceNew world wealthநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்மைக்கா எமெட்

How much it costs to buy a 5-bedroom estate home in Italy, US, and New Zealand vs South Africa

How much it costs to buy a 5-bedroom estate home in Italy, US, and New Zealand vs South Africa Subscribe New World Wealth has published its list of the top lifestyle estates around the world, with three South African developments featuring on the list. The top estates were selected based on their appeal to high-net-worth individual (HNWIs), maintenance, communal areas such as parks, design, location, scenery, security and facilities/activities available which includes gym, tennis, golf, equestrian and lifestyle advantages. New World Wealth defines millionaires as those with a net worth of $1 million or more. Using this metric, there are approximately

South africaUnited statesNew zealandJacks pointNew zealand generalSouth africanYellowstone club in united statesNew world wealthWorld wealthGolf estateBusiness technologyஒன்றுபட்டது மாநிலங்களில்புதியது ஜீலாந்துஜாக்கள் பாயஂட்புதியது ஜீலாந்து ஜநரல்புதியது உலகம் செல்வம்

These are the wealthiest cities in Africa, which thousands of dollar millionaires call home

These are the wealthiest cities in Africa, which thousands of dollar millionaires call home
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