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State tax officials are using AI to go after wealthy payers
Photo Of Robot Examining Invoice With Magnifying Glass.Andreypopov | Istock | Getty ImagesEven as the IRS...
The US rich are getting second passports, citing risk of instability
The wealthy are building "passport portfolios" — collections of second, and even third or fourth, citizenships...
Donald Trump crashes out of the Bloomberg rich list due to his meme stock nosediving
The company that owns Truth Social has plunged 53% from its peak two weeks ago, slashing...
Smucker's fifth-generation CEO said he's no nepo baby and won't let his kids be, either
"J.M. Smucker is a meritocracy, and my journey here took a lot of twists and turns,"...
Michael Bloomberg is worth an estimated $106 billion — but you won't find him on the Bloomberg rich list
Forbes estimates Michael Bloomberg is one of the few worth more than $100 billion. He doesn't...
Meet the world's richest self-made woman — a shipping magnate worth $33 billion
Rafaela Aponte-Diamant cofounded MSC, one of the world's largest shipping companies. Forbes estimates she's worth $33...
Union households tend to have $100k more in wealth than nonunion families
It pays to be in a union, according to a new analysis of Americans' household finances.The...
The wealth of the 1% just hit a record $44T
The wealth of the top 1% hit a record $44.6 trillion at the end of the...
It pays to have rich friends — and whether you have them depends a lot on where you live
Americans who live in the poorest neighborhoods have way fewer rich friends — and that's bad...
Record numbers of wealthy Americans are looking for ways to live overseas or get foreign citizenship amid turmoil in the US
Migration consultancy Henley & Partners found that more US citizens than ever before are looking at...
Why Warren Buffett only gets paid $100,000 a year — a fraction of his deputy's $20 million salary
Warren Buffett hasn't asked for a pay rise in over 40 years because he wants to...
Personal wealth of just $1 million lands you in China’s top 1%. In the U.S., you’ll need $5.8 million. In Monaco, more than twice that.
Barriers to one-percenter status are lowest in China and Japan, according to the annual Knight Frank...
World's Fastest-Growing Economy Tries to Avoid the Oil Wealth Curse
Link URL: https://www.bloomberg.com/news/features/2024-02-16/guyana-s-fast-growing-oil-economy-risks-inflation-venezuela-conflict Comments URL: https://tildes.net/~finance/1ebe/guyana_is_trying_to_keep_its_oil_blessing_from_becoming_a_curse Votes: 13 Comments: 2
Younger generations have gained more wealth than other age groups since 2019
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely...
It's getting harder than ever to become a self-made billionaire. But inheritances are still going strong.
The world's billionaires made more wealth through inheritance than entrepreneurship in 2023 for the first time...
