FT Wealth: June 2019

In this edition: Musicians helping others through their foundations; wealthy families taking direct stakes in companies; Hong Kong residents investing in property overseas; and do rich people deserve to be rich?

Wealth taxes may not be as punitive as feared and might even encourage the entrepreneurial

George Soros and other international billionaires join the Qatari royal family shaking up the bloodstock market

Developer has an eye on a bigger picture: to be mayor of Los Angeles

Sky-high prices in the territory are pushing residents to invest instead in homes overseas

How the foundations of the world’s top classical musicians are helping young talent realise its potential

Every wealth manager says how stressful it is for the children of rich people to inherit money

More from this Special Report

For centuries, galleries and auction houses have been able to say pretty much what they like about an artist’s work, without buyers having an easy way of checking its authenticity

Although inequality is growing in many western countries, concern about it is not

Rises in taxes on the ultra-wealthy risk being undermined by the generous tax break given for charitable donations

Investors urged to avoid loss-makers and seek those groups that make the unicorns’ businesses possible

Key to avoiding bitter conflict among heirs is to have candid discussions well before the reading of the will

Opponents of the trend, including the UN’s special rapporteur on the right to housing, see trouble ahead

For individual investors, the routes into private equity have become more sophisticated and varied

The question for philanthropists is which strategy to deploy when tackling different social and environmental issues

The former poker player is urging more radical thinking from philanthropists

Why allowing big tech to set its own rules on artificial intelligence is a threat to civilisation