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The collapse of U.S. housing and stock prices have likely pushed household net worth down by more than 20% in the past year, the Federal Reserve said on Thursday. A Fed study of U.S. family finances estimates median family net worth fell by 17.8% while...
Tags: net worth, Federal Reserve
The actual amount of the request will reflect the amount of losses the company sustained in the fourth quarter, Freddie Mac said in the filing. The request suggests that losses are continuing for Freddie Mac, which posted a loss of $25.3-billion for the...
Tags: Freddie Mac, Treasury Department, net worth, fourth quarter, government aid, finance company, U.S
Average NZ household's net worth plummets again Thursday January 8, 06:05 AM A new report shows the net worth of the average New Zealand household fell by $14,500 in the September quarter...Spicers' Household Savings Indicators report says the average...
Tags: net worth, nz household, Spicers’ Household Savings Indicators
Attorney General-designate Eric Holder says he has a net worth of $5.7 million and has acted as a lobbyist for three companies in recent years. Holder, 57, made the disclosures in a questionnaire filed with the U.S. Senate Judiciary Committee, which next...
13 AM EST Canada's stock market plunge this fall contributed to a 3.2 per cent drop in household net worth in the third quarter of this year, equivalent to a decline of $191-billion, Statistics Canada said Tuesday.
Tags: Statistics Canada, net worth, household net, Federal Reserve
The global meltdown has not spared even the league of super-rich in Saudi Arabia, including Prince Alwaleed bin Talal, who became poorer by $4 billion losing his assets in U.S.-based firm Citigroup. “Most of our top ten have suffered considerable losses,...
Tags: Al-Waleed bin Talal, Saudi Arabia, net worth, richest arabs, Arabian Business online magazine, based magazine, saudi prince
A dispute between estranged industrialist brothers Mukesh and Anil Ambani over the price of gas one’s company would buy from the other’s has taken a new twist the government distancing itself from the issue...The government said gas from the basin to...
Tags: Government of India, Mukesh Ambani, Reliance Industries Ltd, richest woman, net worth, stock market
With as many as 15 billionaires, country's financial hub-- Mumbai-- has emerged as the city housing the highest number of India's richest people in the Forbes list. According to the US publication Forbes, out of the 40 Indian billionaires, 15 residing...
Tags: billion, billionaires, richest, people, allnews, dollars, indians billionaires, net worth
Mittal, who has moved to second position with a net worth of USD 20.5 billion (rpt) USD 20.5 billion, is followed by Mukesh's younger brother Anil Ambani, whose wealth stood at USD 12.5 billion. Telecom czar Sunil Mittal and realtor K P Singh are ranked...
Tags: billion, richest, USD, Mukesh Ambani, L.N. Mittal, Arcelor Mittal, Sunil Mittal, net worth
Adelson, who controls almost 70 percent of the company personally and through family trusts, saw his net worth climb more than $1.2 billion. The day before, it was reported that Adelson's net worth had declined by more than $16.6 billion since the start...
Tags: net worth