Wealth
A Billionaire 22-Year-Old Was Fined $30,000 for Drunk Driving
Katharina G. Andresen, a Norwegian heiress, is the world's wealthiest 22-year-old. She was charged with a DUI yesterday.<p>Katharina G. Andresen, a …
Personal FinanceAny patient investor can turn $5,000 a year into nearly $1 million, says billionaire Ron Baron
<b>- "You have to have a small amount of money and invest it regularly for a long time," Baron says.</b><p><b>- "It's all about compounding," the Baron Capital</b> …
Warren Buffett5 Mental Traps Preventing People From Building Wealth
Read this if you're trying to save money and spend less.<p><b>"Dollars and Sense," by behavioral economist Dan Ariely and Jeff Kreisler explains that people tend to approach money irrationally.</b>• <b><br>But to build wealth, we have to out-think our emotions.</b>• <b><br>To do it, we have to be aware of psychological pitfalls</b> …
BehaviorWhat is Elon Musk’s net worth? The SpaceX and Tesla CEO is unsurprisingly mega-wealthy
<b>Elon Musk is the founder and CEO of rocket space company SpaceX, and Tesla Motors.</b><p>Tesla, his auto manufacturer, brings full-electric vehicles to the …
Elon Musk$4tn wealth transfer sparks battle for kids of the rich
and<p>It is set to be one of the biggest intergenerational wealth transfers in history. When baby boomers, who are now in their 60s and 70s, pass their …
MillennialsWhy being rich makes people anxious
Coming into a lot of money, especially through the lottery or inheritance, leaves many worried about wealth management and being taken advantage of.
Canadian NewsThe Walmart Heirs Just Made $12.7 Billion in One Day
Alice Walton, the daughter of Walmart founder Sam Walton, became the world's richest woman again, with a new net worth of $45.9 billion.<p>If you have …
InvestingA millionaire explains why he wants to pay more taxes
And thinks the Republican tax plan is bad for America.<p>The House of Representatives passed its tax bill Thursday, making way for a sweeping $1.5 trillion tax cut. The showdown on taxes now heads to the Senate, which is set to vote on its bill the week after Thanksgiving.<p>The biggest impact of both …
PoliticsPARTY OF THE RICH: Democrats Are 7 Of 10 Wealthiest Members Of Congress
Republicans have long been smeared by Democrats as the party of the rich, even though all of Hollywood, all of Silicon Valley and all of Wall Street …
Conservative ViewRevealed! The small pool of taxpayers footing the bill for Gupta Inc
<i>EDINBURGH — I’m on the brink of joining the South African taxpayers’ revolt. I haven’t worked in South Africa for at least five years, but still the</i> …
World's second-youngest billionaire, 22, gets £23,000 drink-driving fine in Norway where penalty is based on income - Mirror Online
The world's second youngest billionaire has been fined £23,000 for drink-driving, but it could have been even worse.<p>Katharina Andresen, 22, was …
Bill Gates, Mark Zuckerberg Redefine American Philanthropy
Yesterday, Bill Gates’ $40 billion charity, the Bill & Melinda Gates Foundation, announced a partnership with Saudi Arabia’s MiSk Foundation to …
BusinessMillionaire Senator defends Republican tax cuts for the rich since he was poor ... 50 years ago
×<p>Tag History<p>OrrinHatch created by Mark Sumner at 11/17/2017 05:54 AM<br>• OrrinHatch SherrodBrown created by Mark Sumner at 11/17/2017 05:54 AM<br>• CHIP …
Liberal ViewPowerBall and PowerBall Plus Results: Friday, 17 November 2017
Image Credits:<p>The Powerball results could make you a millionaire this week! A massive R17 million Powerball jackpot is estimated on Friday and a …
MatchedWarren Buffett's personal pilot reveals the incredible prioritization method the billionaire taught him
• <b>Warren Buffett's personal pilot, Mike Flint, recalled some great career advice the billionaire gave him.</b>• <b><br>Buffett asked him to write down his top 25 career goals and then to circle the top five.</b>• <b><br>He then said to put away the rest of the list because smaller goals can take away attention from the main</b> …
Warren BuffettI became a self-made millionaire — and it was incredibly underwhelming
• <b>Author Timothy S. Kim writes about his experience feeling underwhelmed once he became a millionaire.</b>• <b><br>He realized he didn't want to be the richest man in the graveyard — because at its core, money is just a resource.</b>• <b><br>Instead, he is focusing on creating a legacy, and putting that money to good</i> …
South KoreaThe US is creating millionaires faster than anywhere in the world — but it's not as impressive as it sounds
• <b>One out of every 20 Americans is a millionaire.</b>• <b><br>The US has 43% of the world's millionaires, and leads all countries in churning out the greatest number of new millionaires.</b>• <b><br>The number of millionaires and ultra-high-net-worth individuals has surged over the last several years.</b><p>About one out of every 20 …
BusinessWho is Warren Buffett, the most popular billionaire in America?
Investing.com - Warren Buffett has been called a wizard, a sage, and is amicably referred to as the "Oracle (NYSE:ORCL) of Omaha". His wealth extends …
Warren BuffettWhy renting can be better than owning and how many households have ‘negative’ wealth - MarketWatch
Happy Friday, MarketWatchers! We’re headed into the weekend. Here are your top stories in personal finance.<p>Personal FinanceRenting is better than …
Business10 Key Habits of World-Class Money Savers
Americans, in general, not only aren't good about saving money, but they're also actually fairly indifferent about being financially frugal. …
InvestingWarren Buffett And Forbes: Behind The Scenes Of The 100th Anniversary Cover
Warren Buffett and Forbes' Randall Lane flip through the very first - and only remaining - issue of Forbes Magazine before shooting the 100th anniversary cover. Photography by Martin Schoeller
Warren BuffettIs Trump making Americans wealthy again?
The American Dream is alive and well, with the U.S. leading the world when it comes to wealth creation.<p>According to Credit Suisse Research Institute’s 2017 Global Wealth Report, in the 12 months to mid-2017, global wealth growth accelerated. When it comes to total wealth growth – the U.S. is …
EconomyThe rich get richer, and millennials miss out
BUOYANT financial markets meant that global wealth rose by 6.4% in the 12 months to June, the fastest pace since 2012. And the ranks of the rich …
EconomicsThe Walton Family Just Added $10 Billion to Their Fortune
By<p>and<p>The world’s largest family fortune jumped $10 billion on Thursday thanks to a bounce in Wal-Mart Stores Inc. Shares of the retailer were up 8 …
BusinessMillennials Can Be Millionaires By Age 30. Here's How!
Becoming a millionaire seems like a pipe dream of to most people. However, you may be surprised to discover that with a little luck and clever …
MoneyFive Signs That Your "Trusted Advisor" Is Working Against Your Values
Lawyers, accountants, private bankers, multi family offices — these are the professions with the greatest access to the world’s wealthiest people.<p>They are known as “trusted advisors” but when it comes to values and philanthropy many advisors betray that trust. The best of them support and challenge …
Entrepreneurship16 things I wish I knew when I started investing (part 2)
<b>By Michael Yardney</b><p>We would all do certain things differently if we had our time over again, wouldn’t we?<p>But that doesn’t mean that we should live our …
Not Feeling the Recovery? You’re Not Alone
Incomes are up, the stock market is soaring, and home prices have largely recovered from the mortgage meltdown. But Americans still haven’t regained …
Personal FinanceMinister gives taxpayers another chance to declare hidden wealth
Finance Minister Sri Mulyani has issued a revised regulation to give another change for taxpayers who did not avail of the tax amnesty or have not …
Da Vinci Draws Record Price as Wealth Drives Market
November 16th, 2017, 4:46 PM UTC<p>A rediscovered painting by Leonardo da Vinci was sold at Christie’s in New York on Wednesday for a record $450.3 …
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