Why most rich families lose their fortunes — and how 5 kinds of 'capital' can save them, says a legendary advisor

Tech Insider : Economy, Business
An illustration of a large hand holding coins and tiny people fighting over the money around it.
James E. Hughes Jr. says true wealth isn't money — it's the well-being of a family that grows together.

z_wei/Getty Images

Ultrawealthy families are pouring billions into private credit and real estate, but cutting back on early-stage startups

Tech Insider : Economy, Economy, Business
The moon rises behind the skyline of Lower Manhattan and One World Trade Center as the sun sets in New York City on October 3, 2025.
The ultrawealthy are pulling back from risky startups and pouring billions into private credit and real estate, per Campden Wealth's 2025 report.

Gary Hershorn/Getty Images

Family offices are booming as the superrich look to futureproof their fortunes

Tech Insider : Economy, Business, Style
A cyclist rides along the Marina Bay promenade, which is next to the financial business district in Singapore on May 9, 2022.
Singapore has become a global hub for the world's wealthiest families, hosting more than 2,000 single-family offices by 2024, per Julius Baer.

ROSLAN RAHMAN/AFP via Getty Images

The world's richest people now control nearly $60 trillion — here's how they're investing their fortunes

Tech Insider : Economy, Business, Environment
Crowds walk through Midtown Manhattan on October 16, 2025.
The world's ultra-rich now control nearly $60 trillion, and younger generations are transforming how it's invested, per Altrata's data.

Spencer Platt/Getty Images

The top cities where the ultrawealthy are buying second homes in 2025 — and it's not just London or New York

Tech Insider : Economy, Business, Travel
Miami, Biscayne Bay, Julia Tuttle Causeway, Interstate I-195 bridge, city skyline.
Ultra-high-net-worth buyers are flocking to Miami for second homes, drawn by its tax perks, lifestyle, and climate.

Jeff Greenberg/Jeffrey Greenberg/Universal Images Group via Getty Images

Think you know a lot about managing your money? Test your knowledge against a new wealth encyclopedia.

Tech Insider : Business
Arrows on top of $100 bills
The wealth management industry in the US is booming.

seksan Mongkhonkhamsao/Getty Images

I quit Merrill Lynch to start my own business. Leaving a 7-figure income and cushy corporate perks was hard, but I don't regret it.

Tech Insider
a man in a blue outfit poses in front of a palm tree
Chad Willardson.

Tom Pellicer, Rowco Media, LLC

Israel is losing its allure for millionaires as war shatters its image as a 'safe haven'

Tech Insider : Economy
The skyline of Tel Aviv
The skyline of Tel Aviv, which has long been a hub for technological innovation.

Boarding1Now/Getty Images

The UAE is set to be the world's 'wealth magnet' this year, with 6,700 millionaires expected to move there

Tech Insider
Sun rising over UAE Dubai cityscape
Dubai is one of the Middle Eastern cities emerging as a hedge fund hot spot.

Alexsl/Getty

I recruit people to work for A-list celebrities. This is what I look for.

Tech Insider
Emily Levine sits in an office
Emily Levine is executive vice president at Career Group Companies.

Courtesy Emily Levine

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