Billionaire count: 57Total wealth: $125 billionKnown as the playground of the rich and famous, Switzerland is 8th in the global billionaire sweepstakes and ranks 7th as the home of those worth $30 million and more, or the ultra-wealthy.Switzerland’s billionaires represent the top one percent of its 5,597 ultra-wealthy population and control more than 19 percent…
Singapore tops the list in the 2025 Global Talent Competitiveness Index by INSEAD and Portulans Institute. Calvin Chan Wai Meng | E+ | Getty Images Singapore has claimed the top position in the 2025 Global Talent Competitiveness Index (GTCI) for the first time, bolstered by its robust education systems, sound governance and a proactive approach…
Turkish President Recep Tayyip Erdogan (not seen) and the President of Ukraine Volodymyr Zelenskyy speak during a joint press conference after their official meeting at the Presidential Complex in Ankara, Turkiye on November 19, 2025. Anadolu | Anadolu | Getty Images Ukrainian officials have spent the weekend scrambling to make up lost ground when it…
A Swiss national flag on a ferry on Lake Geneva in Geneva, Switzerland, on Tuesday, Aug. 5, 2025. The Swiss president dashed to the US capital Tuesday in a last-minute attempt to prevent her American counterpart from imposing the highest tariff of any developed nation on Switzerland. Photographer: Andrew Kravchenko/Bloomberg via Getty Images Bloomberg | Bloomberg |…
Swiss flag is pictured at the Harbor in Geneva, Switzerland, March 13, 2024. Denis Balibouse | Reuters The U.S. and Switzerland have reached a trade deal, U.S. Trade Representative Jamieson Greer told CNBC on Friday. Duties will be reduced to 15%, the Swiss government said in a post on X, adding that further details will…
U.S. President Donald Trump looks on during the swearing-in ceremony of U.S. Ambassador to India Sergio Gor in the Oval Office of the White House on Nov. 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images The U.S. and Switzerland are getting close to signing a trade deal to lower tariffs of 39% that…
The UBS Group AG headquarters in Zurich, Switzerland, on Wednesday, July 30, 2025. Bloomberg | Bloomberg | Getty Images Swiss banking giant UBS on Wednesday reported stronger-than-expected third-quarter net profit, driven by solid investment banking performance and the release of legal provisions. Net profit attributable to shareholders came in at $2.5 billion for the three-month…
Untere Schleuse wooden bridge in Thun, Switzerland. Education Images | Universal Images Group | Getty Images Switzerland’s government on Thursday cut its 2026 economic forecast for the country, citing the Trump administration’s punitive tariffs as a “heavy burden” on its industries. Officials held their forecast for the Swiss economy to expand by 1.3% this year,…
The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Lionel Ng | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Moneyed…
A model from Swiss watchmaker Swatch named “WHAT IF…TARIFFS?” with the numbers 3 and 9 reversed on its face, as a play on the 39% import tariffs that U.S. President Donald Trump slapped on Switzerland last month, is pictured on wrist at a Swatch shop in Geneva, Switzerland, September 12, 2025. Pierre Albouy | Reuters…
