Twitter founder Jack Dorsey's net worth dropped by more than $500 million after US short seller Hindenburg targeted his payments company Block

Tech Insider
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, attends the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021.
Jack Dorsey's Block payments firm is the latest company to be targeted by Hindenburg Research.

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The world's ultra-rich lost about $14 trillion of their wealth in 2022, Knight Frank study shows

Tech Insider : Economy
Silhouette of professional young businessman standing against contemporary financial skyscrapers and looking up into sky with positive emotion
Even the ultra-rich had a bad year in 2022.

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America's millionaires are flocking to smaller cities. Take a look at the top 5 emerging hotspots for the country's richest people.

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Miami Beach, Florida, aerial view, Indian Creek Biscayne Bay Allison Island La Gorce Island city skyline.
Miami Beach, Florida, aerial view, Indian Creek Biscayne Bay Allison Island La Gorce Island city skyline.

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The 8 US colleges that produce the most multi-millionaires, ranked

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Student lining up for graduation

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America's millionaires aren't leaving the US to avoid taxes — they're trying to find the American Dream somewhere else, report says

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Empty sprawling mansion on manicured lawn with palm trees in the background.

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Neiman Marcus says it's only targeting ultra-wealthy customers who can spend around $27,000 a year at the retailer

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Woman holds phone while standing near display of handbags at Neiman Marcus store
Neiman Marcus is no longer bothering with the idea of aspirational luxury.

Mark Lennihan/AP

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