MONEY & POWER

Question 1

Who is the actual UN Secretary General?

Answer 1

Antonio Guterres

• From Portugal
• Served as PM in his country
• He is 73y

Question 2

Who is the current Pope?

Answer 2

Pope Francis is the 226th and the current Pope.

He is the Head of the Catholic Church and Sovereign of the Vatican city.

Question 3

Who is the President of the European Commission (aka the main leader of the EU)?

Answer 3

Ursula Von Der Leyen.

She is belgium.

She was appointed by national leaders and elected by the European Parliament after she presented her political guidelines.

Question 4

Who are top 4 richest people in the world 2022? (according to Forbes)

Answer 4

1. Elon Musk (Tesla, SpaceX)
2. Bernard Arnaud & Family (LVMH Group)
3. Jeff Bezos (Amazon)
4. Bill Gates (Microsoft)

NB: their exact fortune and rank are changing constantly

Question 5

Who is Elon Musk?

Answer 5

• He is 51 y
• American but born in South Africa
• Founder & CEO of SpaceX
• Tesla
• Neuralink
• OpenAI
• Musk Foundation

Question 6

Who is Bernard Arnault?

Answer 6

• He is a 73y French
• CEO of the LVMH group (luxury conglomerate)
• Owns the French newspapers Les Echos and Le Parisien.

Question 7

Who is Jeff Bezos?

Answer 7

• He is a 58y American
• Founder & CEO of Amazon
• Blue Origin
• Owns The Washington Post newspaper
• GF: Lauren Sanchez
• Saudi hacking claim

Question 8

Who is Bill Gate?

Answer 8

• He is 66y and american billionaire and philanthropist.
• Founder of Microsoft
• Bill & Melinda Gates Foundation

Question 9

What is the billionaire space race?

Answer 9

It is the rivalry among entrepreneurs who have entered the space industry.

• SpaceX -> Elon Musk.
• Blue Origin’s -> Jeff Bezos.
• Virgin Galactic -> Richard Branson.

Question 10

Who is Warren Buffett?

Answer 10

He is an american business magnate, CEO of Berkshire Hathaway (multinational comglomerate holding compagny). He is a big philantropist. Most of his fortune was given to the Bill & Melinda Gate Foundation.

He is one of the most successful investor in the world and one of the richest man in the world.

Question 11

What are private members clubs?

What are the most exclusive private members clubs? (5)

Answer 11

• It’s a “home from home” for the elite of certain circles such as art or science.
• Private clubs offers fine dining, art exhibitions, luxurious accommodation and so on.
• Dress code and no phone policy are often applied.
• You have to first manage to get in and then you pay an annual fee.

Question 12

What are the best private members clubs? (6)

Answer 12

• Soho House
• The Arts Club
• The CORE club
• The Wing
• 39 Monte Carlo
• Capital Club

Question 13

Tell me more about Soho House.

Answer 13

• It is a private members club initially intended for the elite in the domain of arts and media (creative people).
• Founded in 1995.
• Based in the UK, Europe, North America and Asia.
  Membership about 3000$.
• Dress code is relaxed.
• The original location was 40 Greek Street, Soho, London.

Question 14

Tell me more about the Arts Club

Answer 14

• The Arts Club was founded in 1863 in an elegant Mayfair townhouse for the elite in arts, literature and science.
• Now in Dubai (DIFC) too! :)
• Membership about 3000 $
• Dress code: smart dress code.

Question 15

Tell me more about CORE Club

Answer 15

• It is a relatively new (2005) private members club initially based in NYC.
• Now in Milano and San Fransico as well.
• Unlike most clubs, CORE has no dress code and phones are permitted.

Question 16

Tell me more about the Capital Club Dubai

Answer 16

It is a very exclusive private members club located in Dubai (DIFC) for business leaders and innovators.

Just like other clubs, it offers networking opportunities, outstanding cuisine and various facilities.

Membership is about 5500$ per year.

Question 17

Give name of 6 Ivy Leagues Universities in the US

Answer 17

• Harvard
• Princeton
• Colombia
• Yale
• Brown
• Cornell

Question 18

What are the top 4 most luxurious airlines to travel with?

Answer 18

• Emirates (UAE)
• Eithad (UAE)
• Qatar Airways
• Singapore Airlines

Question 19

What are tax havens?

Answer 19

Tax havens are countries who have very low or no taxes, and of secrecy laws for individual or foreign investors.

Question 20

What are the top requirements for tax heavens? (5)

Answer 20

• Low-to-no taxes.
• No sharing of information with foreign tax authorities.
• Lack of transparency
• Local presence is not required
• Political and economic stability

Question 21

What are some of the top tax heaven as of 2022?

Answer 21

• Monaco
• Bahamas
• Bermuda
• British Virgin Island
• The Cayman Islands
• Vanuatu
• Jersey
• Cyprus
• Singapore
• Liechtenstein
• Switzerland
• UAE

Question 22

Is the UAE still a tax heavens in 2022?

Answer 22

The UAE, long known as a tax haven, will tax business profits over $102,000 at 9 %.

The United Arab Emirates will introduce a corporate tax from mid-2023, country seeks to diversify its income

Question 23

What are the top tax heavens scandal/leaks in the last few years?

Answer 23

• Panama Papers (2016)
• Paradise Papers (2017)
• Pandora Papers (2021)

Question 24

What are the panama papers?

Answer 24

The massive Panama papers refers to the almost 12 millions leaked encrypted confidential documents that were the property of a Panama-based law firm.

Theses leaks exposed how high-prolife individuals and governments officials use legal strategies to avoid paying taxes.
The real scandal was that most of the activities leaked were legal. Opening an offshore account or a shell compagny is perfectly legal.
The Mossack Fonseca law firm kept its client on the right side of the law.