Crazy rich Asians are stingier than peers in North America, Europe

The report said the region’s population of ultra high net worth individuals (UHNWIs) with at least US$30 million of assets gave away a combined US18.8 billion or 0.19% of their fortune to charities in 2018 while their North Americans and Europeans counterparts parted with 0.65% and 0.56%, respectively.

READ MORE

Najib: Nik Faisal toyed with me and SRC board

"I never directed the board of directors on the same matter. I was not in any position to micro-manage any MoF Inc company, including SRC. Furthermore, SRC was not the only MoF Inc company that [was] involved in national interest at that time. There was no reason for me to direct the SRC board of director through Nik Faisal," he said.

READ MORE