Mbbirdy | E+ | Getty Images The population of the super wealthy, or those worth $100 million or more, doubled over the past 20 years as asset prices soared around the world, according to a new report. There are now 28,420 so-called centi-millionaires worldwide, up 12% over last year and more than twice the number
Wealth
From overtourism to no tourism — and back again. Many cities have come full circle to worrying about too many tourists rather than too few. The rise of budget airlines, short-term home rentals and cruise ships are part of the problem, said Lionel Saul, a research assistant and visiting lecturer at EHL Hospitality Business
Billionaire investor Mark Cuban vividly remembers the moment he finally felt successful — because he spent so many years beforehand trying to stave off being flat broke. In his 20s, Cuban shared a three-bedroom apartment with five roommates and used grocery store hacks to pinch pennies. Fired from a tech sales job, he started a
If you’re lucky enough to win Powerball’s current $1.4 billion jackpot — the third-highest ever — think carefully about your choice of payout. The best choice may not be as obvious as it seems. Powerball’s next draw is Saturday night at 10:59 p.m. E.T. If you win, you can choose between an upfront cash lump
Just 40 years ago, a $2 billion net worth would put you at the top of Forbes’ annual list of the 400 richest people in America. In 1983, Forbes crowned Gordon Getty America’s Richest American with a net worth of just $2.2 billion. You’d probably consider anyone with one billion dollars to their name “rich,”
Belly dancing, yoga in the forest, traditional Chinese medicine and meetings with a nutritionist. These are some of the activities that can be found at menopause retreats, a wellness trend carving a new niche in the tourism industry. Menopause retreats are tailored to help women navigate the different stages of perimenopause and menopause, and the
Rolls-Royce CEO Torsten Muller-Otvos unveils the new coachbuilt Rolls-Royce Boat Tail on May 27, 2021, at the Home of Rolls-Royce in Goodwood, West Sussex, England. Jeff Spicer | Getty Images Entertainment | Getty Images Torsten Muller-Otvos, the Rolls-Royce CEO who turned an aging brand into a coveted badge of success for pop stars, athletes and
The Supreme Court in Washington, D.C. Celal Gunes | Anadolu Agency | Getty Images As the Supreme Court starts a new term, experts are closely watching a case that could have sweeping effects on the U.S. tax code, including corporate revenue and future wealth tax proposals. This summer, the high court agreed to hear Moore
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans are pressing the IRS for answers after the agency paused processing new claims for a pandemic-era small business tax break. Lawmakers voiced “continued concerns” about the employee retention credit, or ERC,
Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York. Michael Nagle | Bloomberg | Getty Images A shortage of luxury apartments in Manhattan is causing a surge in prices at the top of the market, even as broader apartment sales and prices come under pressure
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