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Meet the HIFIs: Their obsession with luxury will tank them

Fri, 05/17/2024 - 11:18

Tech Insider : Economy, Economy

A young woman trying on sunglasses — More Gen Zers and millennials are becoming HIFIs — high income, financially insecure. They're spending lots of money on lifestyle and luxury.
Thomas Barwick / Getty Images

economy, Retail, economy, Retail, Luxury, Wealth, hifi

How Bill Gates spends his $153 billion fortune, from a luxury car collection to pledging most of his wealth to his charity foundation

Sat, 05/11/2024 - 11:09

Tech Insider

Bill Gates — Bill Gates is one of a few centibillionaires in the world.
Fabrice Coffrini/Getty Images

Tech, bill-gates, Wealth, Tech, business-visual-features, Microsoft, melinda-french-gates

3 US cities drawing more millionaires with lower taxes, cheaper homes, and shorter commutes

Thu, 05/09/2024 - 10:08

Tech Insider

Scottsdale, Arizona. — Scottsdale, Arizona.
antsdrone/Shutterstock

Real Estate, real-estate, Wealth, Scottsdale, palm-beach, Greenwich, Moving

If it feels like NYC is richer, you're right. One in every 24 residents is a millionaire.

Wed, 05/08/2024 - 03:27

Tech Insider : Economy

56th Street and Fifth Avenue in New York City — 56th Street and Fifth Avenue, home to high-end shops like designer clothing store Dolce & Gabbana.
Declan Gill via Getty Images

economy, Wealth, new-york-city, millioniares

Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty

Sat, 05/04/2024 - 05:02

Tech Insider : Economy, Economy

narendra modi — Indian Prime Minister Narendra Modi.
Kevin Frayer/Getty

economy, trending-uk, economy, India, narendra-modi, elon-musk, tim-cook

Meet Lukas Walton, the fiercely private heir to the Walmart empire who is the richest person in Illinois

Fri, 05/03/2024 - 10:38

Tech Insider

Lukas Walton — Lukas Walton's grandfather is Walmart founder Sam Walton.
Walton Family Foundation

Retail, Features, walmart, Billionaires, worlds-richest, Wealth, richest-people

Alaska, Delaware, and West Virginia are the only states that still don't have a single billionaire resident

Fri, 05/03/2024 - 06:30

Tech Insider : Economy

Anchorage, Alaska skyline in 2012, showing buildings, sea and snowy mountains — No billionaires list Alaska as their primary residence, according to Forbes.
Blue Poppy/Getty Images

economy, forbes, Wealth, Billionaires, trending-uk, money, Alaska

Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership

Thu, 05/02/2024 - 08:33

Tech Insider : Economy, Economy

Gen Z — Gen Z is doing better than past generations on some measures.
Hero Images/Getty Images

economy, trending-uk, economy, gen-z, Millennials, baby-boomers, Generations

Jamie Dimon thinks he knows why people are so gloomy about the economy

Fri, 04/26/2024 - 05:05

Tech Insider : Economy, Economy

Jamie Dimon — JPMorgan CEO Jamie Dimon.
Brian Snyder/Reuters

economy, finance, trending-uk, economy, finance, jamie-dimon, JPMorgan

Mark Zuckerberg's wealth may slide $25 billion in a day as Big Tech faces $350 billion sell-off

Thu, 04/25/2024 - 07:54

Tech Insider

Mark Zuckerberg — Meta CEO Mark Zuckerberg.
Getty Images

finance, Tech, trending-uk, finance, Tech, mark-zuckerberg, meta

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