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Brazil’s rich boosted their share by 2.7% last year to make up almost 50% of the nation’s wealth, the most of 10 countries cited in Credit Suisse's Global Wealth Report.
The threat of higher capital gains taxes prompted the Mills family to sell part of Medline Industries to a consortium of Wall Street investors before the end of 2021.
Bill and Melinda Gates Investments—the 100-person strong team that’s overseen the couple's personal fortune and the endowment of their namesake foundation—changed its name to Cascade Asset Management Co.