Meet the typical millionaire: They're over 55, have a house worth nearly 7 figures, and are probably moving to Scottsdale

Tech Insider : Economy, Economy
wealthy boomer driving a luxury car
America's millionaires own plenty of cars.

Andreas Kuehn/Getty Images

Vermont is debating a 'millionaires tax.' Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax.

Tech Insider : Economy
An aerial view of a New England town during fall.
Montpelier, Vermont.

Pgiam

The life and activism of Abigail Disney, the millionaire heiress who wants to be taxed more and is critical of her family company

Tech Insider
Abigail Disney in Washington DC at a podium with a banner that says
Abigail Disney frequently calls for higher taxes for herself and other wealthy individuals.

Tasos Katopodis

Russia got richer even as the war in Ukraine raged on last year, while the West shed trillions of dollars of wealth

Tech Insider : Economy, Politics, Economy
St. Basil's Cathedral in Moscow, Russia.
The number of Russian millionaires rose by about 56,000 last year, a new report by UBS indicated.

Poca Wander/Getty Images

Deductions for megamansions and Ferraris: The IRS details tax dodges by the ultra-wealthy and says it recently squeezed 100 millionaires for $122 million in missing taxes

Tech Insider : Economy, Politics, Economy
Tourists walk past the headquarters of the Internal Revenue Service near the National Mall on April 07, 2023 in Washington, DC.
Tourists walk past the headquarters of the Internal Revenue Service near the National Mall on April 07, 2023 in Washington, DC.

Chip Somodevilla/Getty Images

Crypto has minted tens of thousands of new millionaires, but they're still only 0.02% of everyone who's ever bought digital currency, a new wealth report says

Tech Insider
People pass the Chanel store on Bond Street on 14th August 2023 in London, United Kingdom.
People pass the Chanel store on Bond Street on 14th August 2023 in London, United Kingdom.

Mike Kemp/In Pictures via Getty Images

An $11 trillion wealth wipeout has set the world back for the first time since 2008, thanks to a trifecta of high inflation, interest rates, and currency declines

Tech Insider : Economy
FILE PHOTO - U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration
U.S. dollar notes are seen in this picture illustration

Reuters

Crashing markets thinned the ranks of America's millionaires last year as global wealth shrank for the first time since 2008

Tech Insider
Private yachts docked in front of the yacht club.
Private yachts docked in front of a yacht club.

Marielle Descalsota/Insider

Here's everything that Massachusetts' 4% tax on millionaires will pay for, from free student lunches to college financial aid

Tech Insider : Politics
Massachusetts Gov. Maura Healey
Massachusetts Gov. Maura Healey.

Nancy Lane/MediaNews Group/Boston Herald via Getty Images

Airbnb hosts everywhere are having a bad summer — but the company's stock is still up 70%, sending the fortunes of all 3 cofounders soaring

Tech Insider : Travel
founders airbnb Joe Gebbia Brian Chesky
A 70% in Airbnb shares is lifting the fortunes of its co-founders: Brian Chesky, Nathan Blecharczyk, and Joe Gebbia.

Airbnb

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