Michael Bloomberg Tops List of American Philanthropists | EntrepreneurMichael Bloomberg donated $3.7 billion to nonprofit causes in 2024, maintaining his position as the top philanthropist in the U.S.
PhilanthropyPhilanthropy by billionaires often serves personal interests rather than genuine generosity, raising ethical questions about the motives behind their charitable giving.
Nearly 70% of Gen-Z Plans to Leave Retirement Savings Behind for Others - How Does That Compare to Other Generations?Younger generations tend to prefer leaving money behind rather than spending it all during retirement, contrasting with older generations' strategies.
Michael Bloomberg Tops List of American Philanthropists | EntrepreneurMichael Bloomberg donated $3.7 billion to nonprofit causes in 2024, maintaining his position as the top philanthropist in the U.S.
PhilanthropyPhilanthropy by billionaires often serves personal interests rather than genuine generosity, raising ethical questions about the motives behind their charitable giving.
Nearly 70% of Gen-Z Plans to Leave Retirement Savings Behind for Others - How Does That Compare to Other Generations?Younger generations tend to prefer leaving money behind rather than spending it all during retirement, contrasting with older generations' strategies.
Once a Manufacturing Hub, 36% of This American City's Population Is Living in PovertyThe U.S. boasts the largest economy but grapples with significant income inequality and a notable poverty rate.
France wants to make one-off wealth tax permanentFrance's economy minister seeks to make a temporary tax on high earners a permanent measure for equitable government financing.
This Country Has the Most Billionaires, and It's Not AmericaChina has the most billionaires globally, surpassing the U.S.
On budget day everyone will be 'rich' but they won't be happy - London Business News | Londonlovesbusiness.comThe need for an economy that rewards hard work over idleness is critical for the UK's standard of living.
Once a Manufacturing Hub, 36% of This American City's Population Is Living in PovertyThe U.S. boasts the largest economy but grapples with significant income inequality and a notable poverty rate.
France wants to make one-off wealth tax permanentFrance's economy minister seeks to make a temporary tax on high earners a permanent measure for equitable government financing.
This Country Has the Most Billionaires, and It's Not AmericaChina has the most billionaires globally, surpassing the U.S.
On budget day everyone will be 'rich' but they won't be happy - London Business News | Londonlovesbusiness.comThe need for an economy that rewards hard work over idleness is critical for the UK's standard of living.
There Are Two Kinds of Credit CardsThe poor are subsidizing the rich through credit-card debt and rewards systems, with wealthy individuals benefiting disproportionately from consumer spending.
Labor Day is the time to call for employee ownership and better worker protectionsLabor Day highlights significant economic inequalities affecting American workers while emphasizing the importance of employee ownership to address these challenges.
Baby Boomers Have Never Been So Wealthy, Yet Many Aren't Feeling the Booming Economy. Here's Why.Baby boomers constitute a significant portion of U.S. wealth but often feel financially insecure due to rising costs and inadequacies in savings.
There Are Two Kinds of Credit CardsThe poor are subsidizing the rich through credit-card debt and rewards systems, with wealthy individuals benefiting disproportionately from consumer spending.
Labor Day is the time to call for employee ownership and better worker protectionsLabor Day highlights significant economic inequalities affecting American workers while emphasizing the importance of employee ownership to address these challenges.
Baby Boomers Have Never Been So Wealthy, Yet Many Aren't Feeling the Booming Economy. Here's Why.Baby boomers constitute a significant portion of U.S. wealth but often feel financially insecure due to rising costs and inadequacies in savings.
One of our kids is rich, the other isn't - how should we divide our estate so its fair?The Redditor is considering an unequal inheritance distribution for his two children, weighing fairness against avoiding future resentment.
I'm wealthy but have no family - Is it weird to leave my fortune to my friends?You have the right to leave your wealth to friends instead of family if you choose.
One of our kids is rich, the other isn't - how should we divide our estate so its fair?The Redditor is considering an unequal inheritance distribution for his two children, weighing fairness against avoiding future resentment.
I'm wealthy but have no family - Is it weird to leave my fortune to my friends?You have the right to leave your wealth to friends instead of family if you choose.
Generational Breakdown: Understanding the baby boomer consumerBaby boomers are crucial consumers in the luxury market, holding significant wealth.Marketers have primarily targeted younger generations, neglecting the baby boomer demographic.
Bitcoin added 154 new millionaires daily in 2024 - London Business News | Londonlovesbusiness.comThe Bitcoin addresses with over $1 million increased significantly in 2024, reflecting growing investor interest.
Mapped: How Europe's wealth has shifted since 1900Wealth distribution is fluid; regions can dramatically shift from rich to poor and vice versa.
Italy's tax system is so out of whack that the wealthiest 7% benefit from lesser tax compared to its lowest earnersItaly's regressive tax system exacerbates income inequality, benefiting the wealthiest while offering lower returns for the middle and lower income brackets.
The Poorest County in Every StateThe U.S. remains the wealthiest nation, but significant segments of the population still face deep poverty and income inequality.
Italy's tax system is so out of whack that the wealthiest 7% benefit from lesser tax compared to its lowest earnersItaly's regressive tax system exacerbates income inequality, benefiting the wealthiest while offering lower returns for the middle and lower income brackets.
The Poorest County in Every StateThe U.S. remains the wealthiest nation, but significant segments of the population still face deep poverty and income inequality.
Meet the typical billionaire. He's not exactly surprising.The typical billionaire is a self-made man in finance, primarily aged 60s, residing in New York City.
This Wealthy Black American Is Worth Over $9 BillionAfrican American billionaires exemplify the potential for success across all ethnic backgrounds.
The 15 cities around the world with the most billionaires, rankedThe concentration of billionaires is rising in major cities, particularly New York, indicating their preference for urban living over rural or less populated areas.
Meet the typical billionaire. He's not exactly surprising.The typical billionaire is a self-made man in finance, primarily aged 60s, residing in New York City.
This Wealthy Black American Is Worth Over $9 BillionAfrican American billionaires exemplify the potential for success across all ethnic backgrounds.
The 15 cities around the world with the most billionaires, rankedThe concentration of billionaires is rising in major cities, particularly New York, indicating their preference for urban living over rural or less populated areas.
I'm 65 and have an advisor managing $2 million of my portfolio - is it worth it to continue paying them?Financial advisors can provide essential guidance during retirement, making their fees worthwhile despite initial concerns.
A proposal to tax the uber-rich is gaining traction. But there are skepticsA proposal about a global wealth tax affecting the wealthiest 3,000 individuals, aiming to address tax evasion and distribute wealth towards global issues.
A new election debate: Should India take from the rich, give to the poor?Wealth distribution central in India's election dynamics.
Sorry, Team Biden: Lower capital-gains taxes aren't racist - higher ones areThe Biden administration proposed raising capital gains taxes, linking lower tax rates to racial disparities, which has sparked controversy.
Retirement plans need major changes: NY TimesThe importance of reforming retirement benefits is highlighted due to the decline of traditional pensions and the need for broader coverage and equity in the current system.
Wealthier than ever: Taxpayers who earn over 601,000 up by 25% in SpainThe number of high-earning taxpayers in Spain reached a new record high in 2022, with 15,186 individuals declaring an annual income of more than 601,000 euros.