The Bridgewater Associates founder welcomed giving people some financial "wiggle room," but said no-strings cash payments may have negative outcomes.
Radhika Merchant and Anant Ambani, youngest son of Asia's richest man, will marry on July 12. Their lavish celebrations have made global headlines.
BlackRock acquired Preqin for $3.2 billion this week, making Mark O'Hare and his wife billionaires. Now, he's passing some of the wealth to employees.
Warren Buffett joked about his "love affair" with his home, called it his "third-best investment," and warned the wrong house can be a "nightmare."
Nothing is certain but death and taxes. But for America's wealthy, a savvy financial advisor can change how much you pay in estate tax and when.
Sadio Mané gives about $76 a month to everyone in a "very poor region of Senegal" and has also funded the construction of a school and hospital.
Tech
2024-07-04T09:30:09Z
Jensen Huang runs Nvidia, the world's hottest chip maker. The company's stock surge means he is now worth more than $100 billion.
Bob Iger amassed a fortune at the helm of Disney. He now reportedly has multiple yachts, including the "Aquarius," and a bigger one on the way.
Steve Ballmer went from being Bill Gates' assistant to his successor as Microsoft CEO, and now he's surpassed him in wealth for the first time.
BlackRock's Preqin takeover is set to hand about $2 billion to its founder Mark O'Hare. That's about $300 million more than Larry Fink is worth.
Wealthy collectors want to make sure heirs or museums don't sell their art after they die. With the right lawyer, they can ensure their legacy.
Long before they were famous and making a fortune, these actors and singers were just trying to survive financially.
The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to Federal Reserve data.
Warren Buffett said 99.5% of his wealth is in Berkshire stock worth $127 billion. Much of the rest is likely in his personal stocks and bonds.
Laurene Powell Jobs, the widow of Apple cofounder Steve Jobs, said that her family's billionaire status "ends with me."
Monaco is the world's most expensive residential rental market, according to Knight Frank, far surpassing Hong Kong, London, New York, and Singapore.
The ranking takes into account the costs of housing and childbirth costs as well as wealthy status symbols like jewelry, whiskey, and boarding school.
Tatyana Bakalchuk founded Russian e-commerce retailer Wildberries from her apartment while on maternity leave. It made her a billionaire.
Millennials are saying goodbye to their 20s with twice as much wealth as their Great Recession-blighted peers at the same age.
A new Bank of America survey finds three quarters of younger investors don't believe they can achieve above-average returns with stocks and bonds.