Daily Wealth Letter from The Wealth Forums 09 August 2016

Reports — By on August 9, 2016 at 9:21 AM
Ian Brodie

Ian Brodie

Daily Wealth letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 270  MONDAY,  AUGUST 8, 2016

Public to share UK fracking wealth

New UK Prime Minister Theresa May has made a major change to how future wealth from the country’s shale gas reserves will be shared out in a move designed to encourage public acceptance of hydraulic fracturing (fracking) for shale gas.  READ MORE: http://thewealthforums.com/2016/08/08/2692/

Chinese wealthy lag behind in charity

When Li Bingbing makes efforts to discourage consumers from purchasing rhino horns as part of a WildAid campaign, fashion brand Shanghai Tang adopts tiger cubs, and celebrities establish charity funds as wedding gifts, it may seem like charitable aid in China has had legs in the last few years. It has even recently been a mark of social status in China to give to those in need.  READ MORE:http://thewealthforums.com/2016/08/08/chinese-wealthy-lag-behind-charity/

Candy acquires Crowdmix

Crowdmix, the London startup that went into administration in July, has been sold to Nick Candy, the billionaire property tycoon who was also its main investor.  READ MORE:  http://thewealthforums.com/2016/08/08/candy-acquires-crowdmix/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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