Daily Wealth Letter from The Wealth Forums 19 Oct. 2016

Reports — By on October 19, 2016 at 11:59 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 321  WEDNESDAY,  OCTOBER 19, 2016

DiCaprio would send back cash

Oscar-winner Leonardo DiCaprio’s charitable foundation would return gifts or donations made to him or his ventures if they were found to have come from Malaysian wealth fund 1MDB, which is being investigated on money laundering allegations, his representatives said.  READ MORE: http://thewealthforums.com/2016/10/19/dicaprio-send-back-cash/

Yahoo profits bounce back

Yahoo’s profits more than doubled in the last three months, a boost for the beleaguered firm whose plan to sell its core business has been thrown into doubt. READ MORE: http://thewealthforums.com/2016/10/19/yahoo-profits-bounce-back/

Internet economy boosts IT billionaires

The booming internet economy is playing an increasingly important role in supporting wealth growth in China’s IT industry, according to a report released on Tuesday.  READ MORE:http://thewealthforums.com/2016/10/19/internet-economy-boosts-billionaires/

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

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