Browsing: wealth
World’s largest asset manager wants Fed to reverse course: Slash rates to tame inflation
BlackRock Inc.’s Rick Rieder has some advice that bucks conventional wisdom: The best way for the Federal Reserve to temper…
Wealthy travelers seeking sun, sand, and luxury are flocking to the Caribbean paradise next to Haiti, where armed gangs dominate
The Dominican Republic is having a moment. Ten million tourists a year are flocking to its beaches, helping drive one…
The world’s super-rich club now has 15 members with fortunes over $100 billion, the most on record, as they ride…
Ex-wife of British F1 billionaire Bernie Ecclestone sets up family office to manage her $881 million divorce settlement
The superrich have often faced an age-old dilemma in handling their eye-watering fortunes. Do they invest in the stock market?…
Florida HBCU launches investigation after record $238 million ‘gift’ from 30-year-old hemp mogul is deemed likely worthless: ‘I wanted it to be real’
At Florida Agricultural and Mechanical University, this year’s commencement ceremony brought a remarkable twist: The 136-year-old, historically Black public school…
College grads want at least a $99,081 salary offer to quit their current jobs, New York Fed survey says
The job market is cooling, the cost of living is still at a record high and judging by return-to-office mandates,…
Many Americans believe social media offers an inaccurate picture of wealth and success; 57% of social media users say that…
The global megarich are paying up to $2 million a week for superyacht rentals but smaller boat charters are down
Sales of luxury yachts may be down but the world’s megarich have found another, more instantaneous way to get their…
Trump is fighting an audit that could cost him over $100 million because he claimed 2 tax breaks for the same Chicago building
A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionaires’…
London has 227,000 millionaires: More than Paris, but less than New York, and the figure is dropping
The streets of London may not be paved with gold, but there’s still clearly plenty of it around. One in…