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      Elon Musk becomes world’s first trillionaire after SpaceX mega float

      Elon Musk speaking at a tech conference, wearing a suit, with a futuristic backdrop highlighting space exploration themes

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      Adidas, Burberry and so much Beckham: The six best 2026 World Cup ad campaigns

      A screenshot capturing a significant moment from a news broadcast on June 11, 2026, at 12:17 PM, highlighting key details.

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      The best places to eat sandwiches in Lisbon, from bifanas to pregos

      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

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Philanthropy

  • Billionaire John Caudwell: Britain needs to stop criticising the wealthy and start celebrating success

    Property

    Phones4U founder John Caudwell’s new Riviera development features a £250k statue of himself. Billionares should be proud of their success, he tells Felix Armstrong “If I was trying to purely make money, I would have built student accommodation in Manchester and put another 5,000 Chinese people in there,” billionaire and philanthropist John Caudwell says as [...]

    John Caudwell speaking at a business conference podium, surrounded by audience, emphasizing economic growth and innovation
  • Why corporate philanthropy needs to think longer term

    Opinion

    Corporate philanthropy must shift from short-term, visibility-driven projects to sustained, multi-year partnerships focused on capacity-building and co-creation with local expertise to achieve genuinely durable outcomes, says Ylann Schemm Time is the enemy in corporate philanthropy. Or at least, that’s how we behave. Challenges such as global health disparities do not fit neatly into annual plans [...]

    Corporate philanthropy concept with diverse professionals collaborating on sustainable, long-term global health solutions
  • Labour urged to rethink donor incentives for museums amid non-dom exodus

    Wealth

    The exodus of non-doms from the UK is having a knock-on effect on philanthropy, with museums now urging the government to bring back generous donors. Museums, such as the British Museum and Tate Modern, acquire expensive, world-class paintings primarily through a mix of public funding, major grants from organisations and private philanthropy. However, with the [...]

    Visitors explore exhibits at a renowned art museum, showcasing diverse collections and fostering cultural appreciation.
  • Billionaire Hohn handed £60m dividend and ramps up philanthropy

    January 6, 2026

    Hedge fund billionaire Sir Chris Hohn gave himself a £60m dividend in 2025 and cemented his reputation as one of the world’s most generous philanthropists, dishing out nearly £600m of his investment firm’s profit to good causes. Hohn’s TCI Fund Management was bolstered by the strong performance of its flagship funds, which carried turnover at [...]

  • The Pimco boss who thinks philanthropy has a PR problem

    September 24, 2025

    John Studzinski may be one of the City’s most senior bankers, but he is arguably best known for his exploits beyond the Square Mile and Wall Street; namely in the space of philanthropy. Ali Lyon talks to him about his aims to reshape the way people think about ‘giving’, and why he doesn’t like the [...]

  • I learned the hard way. That doesn’t mean today’s entrepreneurs need to

    August 13, 2025

    Successful entrepreneurs have a responsibility to mentor the next generation of talent, writes John Caudwell.

  • Rich parents fear children will squander inheritance

    August 6, 2025

    An increasing number of high-net-worth parents are worried that leaving too much money to their children will be a “curse on their lives” and are turning to charity donations to avoid handing large sums down the generations. According to a fresh poll, three quarters of parents with a net worth of £3m or more believe [...]

  • As charities struggle, well-off City firms have a responsibility to give back

    July 29, 2025

    City firms have a responsibility to use their resources to help struggling charities, writes Bloomberg's Jemma Read.

  • Third sector warns wealth tax will hit philanthropy

    July 11, 2025

    A wealth tax of the sort reportedly being considered by the government would leave a multibillion-pound hole in charities’ finances and jeopardise the work they are able to carry out, third sector bosses and economists have warned. According to John Canady, chief executive of the National Philanthropic Trust UK, the rumoured levy targeted at households [...]

  • I sold my business for £1.5bn – with great wealth comes great responsibility

    July 10, 2025

    Those of us fortunate enough to thrive at the top must do more to support those struggling at the bottom, not out of guilt or obligation, but because it is the right thing to do and makes us richer in meaning, purpose and legacy, says John Caudwell This week I had the honour of speaking [...]

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