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#WEALTH

Society

Armenia is one of the leading countries in terms of Gini index - Finance Minister

Armenia's Gini index, which is used to measure income distribution across different population groups, was 0.27 in 2021, Finance Minister Vahe Hovhannisyan said on Wednesday. .

15.06.2023, 09:42

Economy

Largest world sovereign wealth fund loses $174 billion in first half of 2022

Norway’s sovereign wealth fund, the largest in the world, had a loss of 1.68 trillion Norwegian kroner ($174 billion) in the first half of 2022, as stocks markets more broadly saw a tumultuous six months, Forbes.ru reported.

17.08.2022, 16:13

Technology

Zuckerberg Loses $6 Billion in Hours as Facebook Plunges

Mark Zuckerberg’s personal wealth has fallen by more than $6 billion in a few hours, knocking him down a notch on the list of the world’s richest people, after a whistleblower came forward and outages took Facebook Inc.’s flagship products offline, Interfax reported citing Bloomberg.

05.10.2021, 10:46

Society

Armenian citizens' total wealth is estimated at $42 billion, Credit Suisse Global Wealth report

According to the Credit Suisse Global Wealth report, Armenia is in the group of countries with income below the average.

23.10.2019, 16:09

Society

WB says countries lose $160 trillion in wealth due to earnings gaps between women and men

Globally, countries are losing $160 trillion in wealth because of differences in lifetime earnings between women and men.

31.05.2018, 19:40

Society

Billionaire Kerkorian’s wealth shielded properly from Armenian authorities’ hands - newspaper

Armenia’s authorities are searching for ways to get their hands on a part of the heritage of billionaire Kirk Kerkorian, an American businessman, investor, and philanthropist of Armenian descent, which will be allocated to Armenia, Haykakan Zhamanak reports referring to its sources.

12.02.2016, 13:18