Wealth

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Billionaire heirs just overtook self-made ones for the first time, UBS says—and they’re unlikely to pay the same taxes or care as much about philanthropy

Billionaire heirs just overtook self-made ones for the first time, UBS says—and they’re unlikely to pay the same taxes or care as much about philanthropy

November 30, 2023

Jeff Bezos looks on from the McLaren pitwall during final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida.

Jeff Bezos is moving from Seattle to Miami—and he could take some of Amazon with him

By Chloe Taylor

November 28, 2023

Personal Finance

A 25-year-old self-made millionaire says his biggest financial regret is buying a Rolls Royce: ‘It serves no purpose’

November 27, 2023

Alain Wertheimer and his brother Gerard Wertheimer attend the Prix de Diane Longines at Hippodrome de Chantilly on June 12, 2011 in Chantilly, France.

Chanel heir with a $48 billion fortune is the richest person in Switzerland thanks to a post-pandemic luxury goods boom

By Chloe Taylor

November 27, 2023

Photo of Ken Griffin

Billionaire Citadel boss Ken Griffin paid for 1,200 employees and their families to go to Disneyland—and threw in a private concert with Maroon 5 and Calvin Harris

By Orianna Rosa Royle

November 21, 2023

Barbie poster in London

Barbie movie added close to $100 million to the struggling British economy

By Orianna Rosa Royle

November 16, 2023

Giorgio Armani plans to control his fashion empire even in death with a succession plan that details everything from style to IPOs and mergers

Giorgio Armani plans to control his fashion empire even in death with a succession plan that details everything from style to IPOs and mergers

November 15, 2023

New Englanders are fighting against new infrastructure for carbon-intensive billionaire travel. If they win, the significance could be global

New Englanders are fighting against new infrastructure for carbon-intensive billionaire travel. If they win, the significance could be global

By Chuck Collins

November 14, 2023

The rich are fleeing the climate crisis by scrambling to buy chalets in the Alps

The rich are fleeing the climate crisis by scrambling to buy chalets in the Alps

November 7, 2023

Amazon founder Jeff Bezos

Billionaire Jeff Bezos, a soon-to-be Florida man, sparked a debate over taxes without mentioning them. The implications of his Seattle-to-Miami move show why

By Steve Mollman

November 5, 2023

Amazon founder Jeff Bezos

Billionaire Amazon founder Jeff Bezos moves to Florida, where his parents live—and capital gains are not taxed

By Christiaan Hetzner

November 3, 2023

Europe’s richest millennial is $615m richer after first payout from his family’s Red Bull fortune

Europe’s richest millennial is $615m richer after first payout from his family’s Red Bull fortune

By Marton Eder and Bloomberg

November 1, 2023

Jerome Powell

The top 10% of U.S. households are $28 trillion richer since 2020—and economists are slowly waking up to the spending revolution

By Christopher Rugaber, Anne D'Innocenzio and The Associated Press

October 30, 2023

Magic Johnson waves to the fans before a game.

NBA icon Magic Johnson is now only the 4th athlete billionaire—but his wealth doesn’t come from sports

By Orianna Rosa Royle

October 30, 2023

The ‘great wealth transfer’ isn’t $72 trillion but $129 trillion, BofA says—and the government gave most of it to baby boomers

Personal Finance

The ‘great wealth transfer’ isn’t $72 trillion but $129 trillion, BofA says—and the government gave most of it to baby boomers

By Hillary Hoffower and Chloe Berger

October 28, 2023

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