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There"s a wealth gap even between millionaires, and it says a lot about growing inequality
Those worth $15 million to $30 million comprise just 16% of very high net worth millionaires, but hold 32% of the cohort's wealth, per Wealth-X. The wealth gap even at the top shows just how .....»»
Fiveable grows beyond high school AP to embrace community
The pandemic drove a huge spike in demand for Fiveable’s services helping high school students prepare for Advanced Placement exams. But it also allowed founder Amanda DoAmaral to broaden her vision for the company......»»
Eurozone Inflation Is High When It Comes To The Prices Of Daily Purchases
Eurozone Inflation Is High When It Comes To The Prices Of Daily Purchases Authored by Daniel Lacalle, For more than ten years, ECB monetary policy has been ultra-expansionary, whether there was crisis, a recovery, econom.....»»
I got a tour of Citi"s new wealth hub in Singapore for high-net-worth clients, a 30,000-square-foot space with "garden pods" for meetings. Look inside.
It felt more like an upscale lounge than a bank, with an abundance of plants and trees, a free café, and "garden pods" for meetings. The sp.....»»
These 2 charts show how the racial wealth gap has gotten even wider over the years
White households in total held $103.4 trillion of wealth in the last quarter of 2020, a $9.58 trillion gain from the end of 2019. People line up to receive unemployment benefits. John Sommers II/Getty Images .....»»
The top 1% of high-income households in the US fail to report 20% of their income, a new paper reveals
The top 0.1% fail to report almost double that by using methods such as offshore accounts and pass-through businesses, researchers found. Tourists part.....»»
The Top 20 Countries For Ultra-High-Net-Worth Individuals
The Top 20 Countries For Ultra-High-Net-Worth Individuals Despite the .....»»
How-to: Navigate the college admissions application process
The college search process can begin as soon as you’re ready. Early high school is a good time to start thinking about your future. University websites are a great starting point. They have a wealth of important information for students, incl.....»»
Wealthy should consider residency audits before moving to Texas, advisers say
High-wealth individuals considering a move to Texas — one of nine states with no personal income tax — should consider many factors including property taxes and residency audits, before moving to Texas......»»
6 Ways To Break Into Real Estate Investing
Savvy investing is one of the keys to financial freedom, and real estate investing may be particularly enticing. This investment path can be a high-risk, high-reward model for building real wealth. Or it can be a gentle investment on-ramp for mom-and-po.....»»
Elon Musk would have paid $4.6 billion in 2020 under Warren"s wealth tax proposal, data shows
Warren's proposed "ultra-millionaire" tax would apply a 3% tax on individual net worth above $1 billion. Musk was worth more than $150 billion at the end of 2020. Tesla an.....»»
"Go Out And Buy Gold" If Warren Wealth Tax Passes: Leon Cooperman
'Go Out And Buy Gold' If Warren Wealth Tax Passes: Leon Cooperman Billionaire Leon Cooperman says Sen. Elizabeth Warren's (D-MA) "ultra-millionaire" wealth tax is a terrible idea because people will simply .....»»
Elizabeth Warren says the ultra-rich should be audited every 3 years
Sen. Warren made the case for more IRS auditors as part of her pitch for a 2-3% annual tax on the wealth of America's ultra-rich. Felipe Castro holds a sign advertising a tax preparation of.....»»
Sen. Elizabeth Warren introduces wealth tax bill aimed at people worth over $50 million
The Ultra-Millionaire Tax Act would apply an annual 2% tax on individuals with net worths between $50 billion and $1 billion. Sen. Elizabeth Warren. GREG NASH/POOL/AFP via Getty Images Sen. Elizabeth Warren introduced a bill on .....»»
These 15 charts show the inequalities Black Americans still face
The unemployment rate for Black Americans has historically been high, and Black Americans hold less wealth and make less than white Americans. Civil rights activist Angela Davis pumps her fist in solidarity during a Juneteenth protest a.....»»
Elon Musk"s wealth tumbles by $15 billion after Tesla shares dropped 9% in one day
The drop was fueled partly by Musk tweeting over the weekend that bitcoin and Ethereum prices seemed high. Yasin Ozturk/Anadolu Agency via Getty Images Elon Musk's wealth fell by $15 billion after Tesla's stock dived 9% on Monday.The sli.....»»
Bitcoin drops from record-high of nearly $50,000 after a week of increased attention on Wall Street
Combining growing institutional demand with ultra-low interest rates, bitcoin could touch furth.....»»
$40M home? No problem — meet a builder of ultra-luxury houses in Texas
The business of high-end residential construction is booming. Hear from John Sebastian — chairman, president and CEO of Sebastian Construction Group — about the scene......»»
Samsung"s $1,200 Galaxy S21 Ultra is more phone than you need for a high price you shouldn"t pay
The Galaxy S21 Ultra from Samsung is among the best p.....»»