The rich are learning how to look less rich on their children’s college applications
We’ve read the stories about private jets ferrying families from one college campus to another. One of our competitors has ...
Tag: wealth
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
Staying at one company for decades was once a badge of honor. But as layoffs have become more common and ...
How a book that inspired Warren Buffett and a $14,000 side hustle helped Bill Ackman get started
Billionaire Bill Ackman has built a $35 billion hedge fund, led high-profile overhauls at companies like Chipotle, and boasts an ...
50 multimillionaire Gen Zers went on a two-week Goldman Sachs bootcamp
Goldman Sachs just brought together around 50 Gen Zers from ultra-rich families for a deep-dive on investing, wealth management, and ...
My ethical will was supposed to be a simple insurance policy — then we lost our daughter
Cara brought so much joy, love, and perspective to our family, and her life continues to shape the way I ...
There are fewer than 4,000 billionaires worldwide, and they now hold a record $15.1 trillion
How many students made up your college cohort? Odds are its about 4,000—the same, if not more, than the total ...
Billionaire founder made millions at 27—before Warren Buffett. He tells Gen Z: Don’t ask for a raise
Picture this: you’ve just been offered a job after endless rounds of interviews and tests, when the interviewer asks, “What ...
Kevin O’Leary says if you earn $68,000 a year and follow this rule, you’ll retire a millionaire
As Americans are barely getting by due to inflation, tariffs, and a cost-of-living crisis, saving for retirement can feel like ...
He couldn’t pass the military eye test—now he’s Top Gun’s stunt pilot and runs a $1M-a-day company
As a child, Jonathan Spano had one dream: to be a military pilot. It was swiftly shattered when he learned ...
Despite being a multimillionaire, Suze Orman says eating out is one of the biggest wastes of money
Suze Orman has spent decades as a best-selling author and TV host, teaching people how to invest, save for retirement, ...
LA Angels owner Stan Kroenke is also America’s largest private landowner, boasting 2.7 million acres
Stan Kroenke, the billionaire owner of the world’s most valuable portfolio of sports clubs, including London’s Arsenal Football Club and ...
Tennis star Novak Djokovic was knocked out of the U.S. Open—but he’ll still walk away with $140,000
With the U.S. Open underway, tennis’ biggest stars face off in New York City to hoist the silver trophy and ...
Mark Cuban bought a $25 million mansion sight unseen for 50% off
Mark Cuban is notoriously bold in his dealmaking. But even by his standards, dropping millions of dollars on a mansion ...
Welcome to the ‘upper-middle-class trap’: why $300,000 a year doesn’t feel like winning anymore
Over the last year, Nick Maggiulli has come to what he calls an unsettling realization: The upper-middle class is caught ...
Even billionaires are worried their Gen Z kids can’t keep a job—and their wealth advisors say the fear is ‘very real’
Even the wealthiest parents in America are worried about their kids’ financial futures. Millions of Gen Zers face unemployment as ...
Moderna co-founder is a billionaire again at $1.7 billion—he once turned down 20 high-paid jobs
The net worths of CEOs and founders are largely at the whim of their company stock—all it takes is one ...
57 Trump officials are worth $100 million or more—4x the combined total of the last three presidents
Wealth, perhaps second only to loyalty, has been a prized attribute for Donald Trump during his second presidency. The number of people ...
Arianna Huffington says CEOs are trapped in jobs they no longer love: ‘Success can be a trap’
It’s every worker’s dream: You work hard and climb the ladder until eventually you’re rewarded with an executive title and ...
Great Wealth Transfer vs. great disappointment: Baby boomers pass on a fraction of their fortune
Baby boomers are sitting on immense wealth after benefiting from a historic era of economic growth and financial gains, but ...
Millionaires leaving UK: CEO of $1 billion tax firm says it’s their ‘social responsibility’ to stay
The number of British millionaires has dropped to its lowest level in nearly two decades—and high taxes under the Labour ...
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