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Union households tend to have over $100,000 more in wealth than nonunion families, Federal Reserve data shows

Thu, 03/21/2024 - 05:58

Tech Insider : Economy, Economy

UAW — United Auto Workers members march through downtown Detroit on September 15, 2023.
AP Photo/Paul Sancya

economy, finance, economy, labor-unions, labor-union, Wealth, household-wealth

The US is undergoing a 'millionaire remix' — these are the cities with the fastest-growing populations of rich people

Tue, 03/19/2024 - 10:56

Tech Insider : Economy

A street filled with cars in Austin, Texas. — The number of millionaires living in Austin more than doubled over the past decade, per a report by Henley & Partners.
Evan Semones/Getty Images

economy, henley-and-partners, Austin, Texas, money, Wealth, Migration

Record numbers of wealthy Americans are looking for ways to live overseas

Tue, 03/19/2024 - 07:05

Tech Insider : Economy

Donald Trump — Former President Donald Trump
Ryan Collerd/AFP/Getty Images

economy, Wealth, trending-uk, henley-and-partners, Investment, Portugal, Migration

Why Warren Buffett only gets paid $100,000 a year — a fraction of his deputy's $20 million salary

Tue, 03/19/2024 - 05:47

warren buffett — Warren Buffett.
Getty Images

finance, trending-uk, finance, warren-buffett, berkshire-hathaway, greg-abel, executive-compensation

How much Sam Altman stands to gain from a Reddit IPO

Mon, 03/11/2024 - 15:06

OpenAI CEO Sam Altman — OpenAI CEO Sam Altman stands to reap a windfall when Reddit goes public later this month.
Markus Schreiber/AP

Tech, AI, Wealth, wealth-news, sam-altman, Reddit

Mark Zuckerberg is almost $54 billion richer this year — and he's closing in on Elon Musk

Mon, 03/11/2024 - 08:46

Photo illustration of Mark Zuckerberg. — Gerard Julien/Getty Images; Jenny Chang-Rodriguez/BI

Tech, finance, Tech, Markets, meta, tesla, mark-zuckerberg

Jack Ma, the founder of Alibaba, is back in the public eye after a hiatus. Here's how the Alibaba and Ant Group founder got started and amassed a huge fortune.

Sat, 03/09/2024 - 07:54

Jack Ma — Jack Ma cofounded Alibaba in 1999 after a business trip to the US in 1995 gave him the idea.
VCG/VCG via Getty Images

Tech, Features, Alibaba, jack-ma, Wealth, Billionaires, bi-select

The extravagant Ambani pre-wedding party was an affront to the millions of Indians in poverty, critics say

Fri, 03/08/2024 - 09:09

Tech Insider : Economy

Anant Ambani at the pre-wedding festivities, left, and a slum in New Delhi, India, in a composite image. — Anant Ambani at the pre-wedding festivities and a slum in New Delhi, India, in a composite image.
Reuters Connect

economy, International, ambani, anant-ambani, India, Wealth, Poverty

You probably missed one of the biggest shows of wealth at the Ambanis' pre-wedding celebration, and it had nothing to do with the bride and groom

Thu, 03/07/2024 - 17:43

Tech Insider : Style

Mukesh Ambani, the Chairman of Reliance Industries, his wife Nita Ambani and their son Anant Ambani pose during the pre-wedding celebrations of Anant and Radhika Merchant, daughter of industrialist Viren Merchant, in Jamnagar, Gujarat, India, March 2, 2024 — Mukesh Ambani, the chairman of Reliance Industries, his wife Nita Ambani, and their son Anant Ambani.
Reliance Industries/Handout via REUTERS

culture, Retail, ambani, wedding, Luxury, Wealth, Style

Tesla's value has slumped by $234 billion this year — that's more than McDonald's, Disney, or Nike are worth

Thu, 03/07/2024 - 08:24

Elon Musk confused gesture — Elon Musk is CEO of Tesla.
Peter Parks/AFP/Getty Images

finance, Transportation, Markets, mi-exclusive, Markets, Stocks, tesla

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