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North America’s ranks of the ultrarich shrank 4% to $16.5 trillion amid 2022’s epic bear market—and the world actually lost ultrawealthy for the first time since 2019, study finds
SuccessNorth America’s ranks of the ultrarich shrank 4% to $16.5 trillion amid 2022’s epic bear market—and the world actually lost ultrawealthy for the first time since 2019, study finds
By Chloe BergerSeptember 8, 2023
Microsoft founder Bill Gates visits Imperial College London on February 15, 2023.
SuccessThe Bill Gates Foundation Trust is backing Bud Light: It’s betting nearly $100 million on embattled AB InBev
By Chloe TaylorSeptember 6, 2023
Mature businessman sitting at the table and working on computers. He is trading with cryptocurrency.
The CoinsAlone at the top: There are only 6 Bitcoin billionaires in the whole world, new report reveals
By Chloe TaylorSeptember 6, 2023
Two people shopping for luxury items.
Personal FinanceThese are the three rules to remember if you’ve come into some bonus cash, a wealth advisor reveals, and it’s the same principle for billionaires as it is for everyone else
By Orianna Rosa RoyleSeptember 5, 2023
Nantucket
SuccessA clam shack and 2 billionaires named Charles—Here’s the story of extreme wealth and litigation on the Nantucket shoreline
By Madlin Mekelburg and BloombergAugust 21, 2023
a row of three watches in gold and silver
LifestyleRolex is the most targeted brand in the $1.3 billion surge of watch thefts
By Prarthana PrakashAugust 21, 2023
Aerial view of St.-Tropez
LifestyleSt. Tropez locals are being priced out of restaurants with $5K minimum spend and selective screening for big tippers: ‘We have already been driven out of our homes, soon we’ll be unable to eat out’
By Chloe TaylorAugust 21, 2023
woman on yacht laptop
SuccessRemote work has turned superyachts into floating offices as the wealthy spend more time on board than ever, says yacht broker: There’s a ‘real explosion’ in interest
By Jane ThierAugust 19, 2023
Stressed businessman, head in hands, sits before computer screen displaying stock market investments.
Success‘Richcession’ hits as 3.5 million millionaires lost their status last year—while the average person saw wealth spike
By Chloe TaylorAugust 17, 2023
Lawrence Gray
Success79-year-old retired college professor accused of stealing from his wealthy friends and pawning their jewels for $45,000 at Manhattan auction house
By Jake Offenhartz and The Associated PressAugust 16, 2023
Traders work on the floor of the New York Stock Exchange during morning trading on August 10, 2023, in New York City.
Finance$11.3 trillion in global wealth evaporated last year in the first drop since the Global Financial Crisis. But the next few years look ‘brighter’
By Will DanielAugust 15, 2023
The ‘richcession’ is real—Unemployment is rising for the 6-figure-salary set, BofA data shows
SuccessThe ‘richcession’ is real—Unemployment is rising for the 6-figure-salary set, BofA data shows
By Irina IvanovaAugust 15, 2023
A man walks away with a giant dollar bill, as it disintegrates
Personal FinanceWe finally have proof of the ‘rich-cession.’ The number of millionaires fell the most since the Global Financial Crisis of 2008, UBS says
By Paolo ConfinoAugust 15, 2023
The worst thing to do after coming into a ton of money: Buy a new house, says an advisor to the ultrawealthy
Personal FinanceThe worst thing to do after coming into a ton of money: Buy a new house, says an advisor to the ultrawealthy
By Alicia AdamczykAugust 14, 2023
All boomers need to feel ‘wealthy’ is financial security. The bar is way higher for Gen Z
Personal FinanceAll boomers need to feel ‘wealthy’ is financial security. The bar is way higher for Gen Z
By Jane ThierAugust 13, 2023
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