Posts filtered by tags: Wealth[x]


 

Shiba Inu coin investment turned New York brothers into multimillionaires a few months after they bet $8,000 on the 'parody' cryptocurrency, reports say

The crypto bet paid off for the family. Getty A New York family's $8,000 investment in Shiba Inu coin reportedly netted them $9 million. CNN Business interviewed the family, which began investing in February. The coin's value has grown by more than 10,000% this year, according to Coinbase. See more stories on Insider's business page. A New York family's investment of about $8,000 in Shiba Inu coin, a dogecoin spin-off, netted them a $9 million fortune in the space of a few...
Tags: New York, Finance, India, Trends, Wealth, Crypto, Westchester County, Dogecoin, Shiba Inu, Vitalik Buterin, CNN Business, Kevin Shalvey, Weekend BI UK, Shiba Inu Coin, Dogecoin Killer


Insider regularly talks to young people who are making their mark in luxury - here's who we have spoken to so far

(L-R), Alex Assouline, Destinee Ross-Sutton, Marina Raphael, Avi Hiaeve. Emilia Brandao; Courtesy the artist and Destinee Ross-Sutton 2020; Marina Raphael; Avi & Co; Yuqing Liu/Business Insider Luxury spans many sectors: fashion, watches and jewelry, travel, real estate, and even publishing and night clubs. It could take years to build a strong luxury business, and even then, there is no guarantee that consumers will connect with the product. Insider regularly talks to young people who ar...
Tags: Transportation, Fashion, Milan, Beyonce, Small Business, Obama, Rihanna, New York City, Disney, Lifestyle, NFL, Trends, Wealth, Nas, Netflix, Watches


Caitlyn Jenner told Sean Hannity she doesn't think California needs to fund a high-speed rail: 'I can get on a plane at LAX and I'll be in San Francisco in 50 minutes'

Caitlyn Jenner speaks at the 4th annual Women's March LA: Women Rising at Pershing Square on January 18, 2020 in Los Angeles, California. Chelsea Guglielmino/Getty Image Caitlyn Jenner appeared on "The Sean Hannity Show" Wednesday night. She was there to promote her run for California governor against Gavin Newsom in a recall election. Jenner repeatedly referenced her private plane and suggested support for public transportation wasn't necessary, prompting some to call her out of t...
Tags: News, California, La, Los Angeles, San Francisco, Trends, Wealth, Miami, Fox News, Malibu, Caitlyn Jenner, Jenner, Gavin Newsom, Lax, Governor, Anaheim


Bill Gates added a $43 million beachfront home to his sprawling real estate portfolio last year. Here's a closer look at his empire, which also includes a $130 million Washington mansion and horse ranches in Florida.

Microsoft cofounder Bill Gates. Susan Walsh/AP Photo Bill Gates has amassed a multimillion-dollar property empire. His portfolio includes Florida horse ranches, a Washington mansion, and a San Diego beach house. Now, that property may be divided in his divorce from his wife of 27 years, Melinda. See more stories on Insider's business page. Bill Gates has amassed a property empire over the years. From his $130 million Washington mansion nicknamed "Xanadu 2.0," to Florida horse ranches,...
Tags: Florida, Microsoft, California, Washington, Saudi Arabia, Life, US, San Francisco, Trends, Atlanta, Wealth, Features, Wyoming, House, Billionaires, Bill Gates


Bill Gates is America's biggest owner of private farmland, and his 242,000 acres could be split in his divorce

Bill and Melinda Gates. Kevork Djansezian/Getty Images Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. His 242,000 acres of farmland stretch across 18 states from Washington to Florida, according to the report. The land could be split between the Microsoft founder and his wife Melinda Gates after their divorce. See more stories on Insider's business page. The Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of ...
Tags: Asia, Business, Florida, News, Microsoft, Washington, Life, Finance, Africa, US, America, Trends, Wealth, United States, Arkansas, Bill Gates


Bill and Melinda Gates are ending their 27-year marriage. Here's how the Microsoft cofounder spends his $129 billion fortune, from a luxury-car collection to incredible real estate.

Bill Gates has an estimated net worth of $129 billion. Thierry Chesnot/Getty Images Bill Gates and his wife of 27 years, Melinda French Gates, are getting a divorce. Gates, the cofounder of Microsoft, has a fortune worth $130.5 billion. Gates indulges in a few luxuries, but he mainly spends through the Bill & Melinda Gates Foundation. Visit Business Insider's homepage for more stories. Bill and Melinda Gates are ending their 27-year marriage.The couple announced the news in a statement...
Tags: Amazon, Elon Musk, News, Microsoft, Australia, California, Washington, New York City, Nigeria, US, San Francisco, Barack Obama, Trends, Atlanta, Wealth, Features


Banka of Baroda Wealth Management Professionals Recruitment 2021

Bank of Baroda Wealth Management Professionals Recruitment 2021 Bank of Baroda (BoB), India's International Bank, is looking for qualified and experienced Specialists Officers Professionals in the Wealth Management Services Department of the Bank of Baroda (BoB) and hence invites online application in the prescribed format for the following 511 Wealth Management Government Job Vacancy for the year 2021. SarkariNaukriBlog dot com ( = ||... Please Click on the Ti...
Tags: Jobs, Wealth, Relationship, Manager, Bank, Professional, Officer, Head, Analyst, Vadodara, Manisha, Public-Sector, Specialist, HotJob


I got a tour of Citi's new wealth hub in Singapore for high-net-worth clients, a 30,000-square-foot space with 'garden pods' for meetings. Look inside.

The space features "garden pods" for meetings. Katie Warren/Insider I toured Citi's new wealth hub in Singapore for its high-net-worth clients. It was designed to cater to clients with assets starting at 250,000 Singapore dollars, or about $186,000. It felt more like an upscale lounge than a bank. It was full of trees, a free café, and "garden pods" for meetings. See more stories on Insider's business page. Global investment bank Citi has opened a 30,000-square-foot wealth hub...
Tags: Travel, Hong Kong, Singapore, Global, International, Trends, Wealth, Features, On The Road, Orchard Road, Citi, Lavazza, SG, Knight Frank, HNWI, New York London Shanghai


"The cause of justice demands proprietariness about the meaning of 'reparations,' and we object to these kinds of piecemeal and misleading labels."

"True reparations only can come from a full-scale program of acknowledgment, redress and closure for a grievous injustice."Write A. Kirsten Mullen and William A. Darity Jr. in "Evanston, Ill., approved ‘reparations.’ Except it isn’t reparations" (WaPo). The Evanston program only offers $25,000 grants for repairs or down payments on real estate.The authors demonstrate their "proprietariness about the meaning of 'reparations'" by spelling out 4 necessary elements: 1. Careful delineation of eligib...
Tags: Law, California, Washington Post, Wealth, Evanston, Duke University, Reparations, Darity, Ann Althouse, Racial Politics, William Darity Jr, Kirsten Mullen, William A Darity Jr


Prince Harry's new Silicon Valley executive role is his latest step to becoming a billion-dollar brand with Meghan Markle. Here's how they've been building a business empire in a post-royal life.

Meghan Markle and Prince Harry have been busy building their independent wealth in 2020. Max Mumby/Indigo/Getty Images Meghan Markle and Prince Harry have been building a business empire in their post-royal life. Harry just took on a Silicon Valley exec role. They've also signed deals with Spotify and Netflix. The couple, which has an estimated $30 million net worth, is in position to build a billion-dollar brand. Visit Business Insider's homepage for more stories. It looks like 20...
Tags: Apple, Spotify, Shonda Rhimes, News, Disney, US, Trends, Wealth, Cnn, Features, Netflix, Silicon Valley, Prince Harry, Harry, Royal Family, The New York Times


Elon Musk responds to Bernie Sanders' criticism of his vast wealth, saying he is 'accumulating resources to help make life multiplanetary'

SpaceX and Tesla CEO Elon Musk. Hannibal Hanschke-Pool/Getty Images Tesla CEO Elon Musk said he was "accumulating resources to help make life multiplanetary." Musk was responding to criticism raised by Senator Bernie Sanders. "That level of greed and inequality is not only immoral. It is unsustainable," Sanders said. See more stories on Insider's business page. Tesla CEO Elon Musk has responded to criticism of his huge wealth by Senator Bernie Sanders, saying he would use his money t...
Tags: Amazon, Spacex, Elon Musk, Senate, America, Trends, Wealth, Tesla, Minimum Wage, Mars, Jeff Bezos, Vermont, Bernie Sanders, Musk, Sanders, Bezos


"City Hall should immediately impose a resettlement tax on all returning New Yorkers. The levy will be determined..."

"... at the very moment they touch down at J.F.K., determined by both their income level and how flagrant their desertion was. (If someone spent the entirety of their exile on the crystal waters between Monaco and Sardinia, he can expect to pay up.) That money will be used to fund a public good ascertained, through a special election, by those of us who never left.... We saw the videos from the Joshua Tree ranch, OK? You can’t just march back in here as if you own the place. Once sufficient con...
Tags: New York, Taxes, Law, New York City, America, Wealth, Envy, Monaco, Sardinia, Joshua Tree, City Life, Ann Althouse, Coronavirus, Luke Wilkie


Few wealthy families employ a philanthropic strategy

Having a formal plan in place helps families and trusts to assist others more efficiently when crisis strikes The post Few wealthy families employ a philanthropic strategy appeared first on The Mail & Guardian.
Tags: Opinion, Wealth, Financial Planning, Family Business, Philanthropy, Openaccess, Succession Planning, Pandemic, COVID-19


I've helped over 3,000 clients plan elaborate marriage proposals. The most expensive proposal so far was on a private island and cost over $100,000.

A flower-filled proposal in New York City. Pics and Petals NYC/TYG Heather Vaughn is the founder of "The Yes Girls," a marriage proposal service based in San Clemente, California. Since 2008, she's helped couples plan the proposal of their dreams, ranging in cost from $1,000 to over $100,000. Here's what her job is like, as told to freelancer writer Molly O'Brien. Visit the Business section of Insider for more stories. I've always been someone who likes a challenge. I started my company ri...
Tags: Couples, Etsy, US, Careers, Trends, Wealth, Luxury, Weddings, Marriage Proposals, Facetime, Proposals, Nordic, Charleston South Carolina, Nicholas Sparks, Napa Valley California, St Barth


This is how much you need to be worth to be in the richest 1% in the US - and other countries

Marin Tomas/Getty Images The US has the highest number of ultra-high net worth individuals. You need $4.4 million in the US to be in the richest 1%, according to the 2021 Knight Frank Wealth Report. Monaco had the highest barrier to entry, requiring $7.9 million to crack into the 1%. Visit the Business section of Insider for more stories. Curious to know what the cutoff is to be in the wealthiest 1%? The new annual Wealth Report from Knight Frank breaks the numbers down for the US and oth...
Tags: Asia, Hong Kong, News, Indonesia, Life, Singapore, India, Africa, US, Trends, Wealth, South Africa, Switzerland, Argentina, Kenya, Monaco


How rich do you have to be to make it into the 1 percent?

Will a million dollars get you into the 1% club? Not in most countries? Two million will get you into several European and Asian countries. If you want to be a one-percenter in the United States, you'll need at least $4.4 million. — Read the rest
Tags: Post, News, Wealth, United States, Rich People


I help Hermès collectors buy and sell used Birkin bags. They're almost impossible to get in stores, but I've sold nearly $2 million worth through eBay and online.

"It's a handbag, a piece of art, and an investment all rolled into one," says Caroline Bui, aka The Birkin Fairy. Caroline Bui Caroline Bui is the founder and owner of 'The Birkin Fairy,' a luxury consignment shop for Hermès products. After working at Hermès for 12 years, she launched the online shop and has since sold nearly $2 million of used Hermès items.  This is her story, as told to freelance writer Jenny Powers. Visit the Business section of Insider for more stories. It was 1...
Tags: New York, Ebay, New York City, Careers, Los Angeles, Trends, Wealth, Designer, Chicago, Luxury, Ferrari, Paris, Retail, Conde Nast, Ralph Lauren, Hermès


Jeff Bezos would pay an extra $2 billion a year if Washington lawmakers pass a proposed billionaire wealth tax

Amazon CEO Jeff Bezos in 2019. MARK RALSTON/AFP via Getty Images Washington State legislators have proposed a 1% tax on billionaires. Four billionaires, who collectively own $480 billion, would account for most of the tax revenue. But to avoid paying up, they just need to live elsewhere for 183 days a year, according to a tax group. Visit the Business section of Insider for more stories. Departing Amazon CEO Jeff Bezos would pay almost $2 billion a year under Washington state's wealth tax ...
Tags: Amazon, Elon Musk, New York, Texas, Washington, Finance, New York City, Disney, US, Trends, Wealth, Economy, Billionaires, Bill Gates, Steve Ballmer, Argentina


Jeff Bezos would pay an extra $2 billion a year if a proposed wealth tax for billionaires is passed by Washington lawmakers

Amazon CEO Jeff Bezos in 2019. MARK RALSTON/AFP via Getty Images Washington State legislators have proposed a 1% tax on billionaires. Four billionaires, who collectively own $480 billion, would account for most of the tax revenue. But to avoid paying up, they just need to live elsewhere for 183 days a year, according to a tax group. Visit the Business section of Insider for more stories. Departing Amazon CEO Jeff Bezos would pay almost $2 billion a year under Washington state's wealth tax ...
Tags: Amazon, Elon Musk, New York, Texas, Washington, Finance, New York City, Disney, US, Trends, Wealth, Economy, Billionaires, Bill Gates, Steve Ballmer, Argentina


Michelle Obama's stylist and 12 Black professionals on the former First Lady's fashion legacy and the art of power dressing

Michelle Obama Paras Griffin / Contributor . Getty Images Throughout the years, Michelle Obama has become a style icon.  Her stylist, Meredith Koop, has helped Obama become the noted fashion icon she is today.  Koop and Black professionals weighed in on the lasting impact of Obama's style and what it says about power dressing.  Visit the Business section of Insider for more stories. Daniella Carter said if she's learned one thing from Michelle Obama's style, it's what an unapologetic Black...
Tags: Fashion, Politics, England, Hollywood, Style, Entertainment, Obama, Congress, White House, China, US, Barack Obama, Trends, Wealth, Joe Biden, Washington Dc


The rich are gaming the system to get COVID-19 vaccines using hefty donations and cozy relationships with CEOs

Samantha Lee/Insider The COVID-19 vaccine rollout in America has been a discombobulated mess. The rich have taken advantage of these loopholes, using money and connections to jump the line. Low-income people and communities of color have been left behind, despite higher rates of COVID-19. If you have a story about tactics wealthy Americans are using to get a COVID-19 vaccine, email reporters Allana Akhtar and Julia Naftulin. Visit Insider's homepage for more stories. In Florida, nursing h...
Tags: Health, Florida, New York, Science, Kim Kardashian, Washington Post, New York City, US, America, Los Angeles, Trends, Wealth, Analysis, Pennsylvania, New Jersey, Cbs


How buying art went digital and why it won't go back, from the CEO of digital platform Artsy

Mike Steib. Courtesy of Artsy Artsy CEO Mike Steib says he steered the art marketplace to record sales — a 170% increase — in 2020. Steib sees this as just the start of the industry's digitization. More people wanted to add art to their lives in 2020, and he says Artsy helped them discover it.  Visit Business Insider's homepage for more stories. Artsy had a pretty good pandemic year. In data shared with Insider, the online art marketplace revealed it saw e-commerce sales skyrocket 170% las...
Tags: Google, Art, Europe, Digital, US, Trends, Strategy, Tech, Wealth, Culture, Luxury, Artsy, XO Group, Arts & Culture, WEDDINGWIRE, Luxury Art


Is it ever okay to enjoy the suffering of others?

"The nearly 1,400-foot tower at 432 Park Avenue, briefly the tallest residential building in the world, was the pinnacle of New York’s luxury condo boom half a decade ago, fueled largely by foreign buyers seeking discretion and big returns.... [Now, t]he claims include: millions of dollars of water damage from plumbing and mechanical issues; frequent elevator malfunctions; and walls that creak like the galley of a ship — all of which may be connected to the building’s main selling point: its imm...
Tags: New York, Law, NYC, New York City, Wealth, Architecture, Hearing, Central Park, Park Avenue, Ann Althouse


How Zuckerberg, Bezos, Gates and others in the tech elite see themselves and the world, according to a study

Facebook CEO Mark Zuckerberg's wealth increased substantially in 2020. Nick Wass/Associated Press From Elon Musk to Jeff Bezos, the tech elite is "a class for itself," according to a PLoS ONE study. One researcher said they deny their role in influencing democracy with their financial capital. The researchers claimed the tech elite's view of the world was shaped by a meritocratic ideology. Visit Business Insider's homepage for more stories. The tech elite is "a class for itself," a stu...
Tags: Amazon, Facebook, Mark Zuckerberg, Twitter, Microsoft, Democracy, International, Trends, Tech, Wealth, Language, Bill Gates, Jeff Bezos, Elite, Philanthropy, Institute for Policy Studies


7 signs you're rich, even if it doesn't feel like it

Klaus Vedfelt/Getty Images "Rich" doesn't necessarily mean owning a huge mansion or taking luxury vacations.You're wealthy if you can afford to save money every month and are on track to retire when you want to.Another sign you're wealthy is being able to make choices based on what you want, not just your financial needs.Visit Personal Finance Insider's homepage for more stories."Rich" is relative.Maybe you think it means being in the top 1% of earners in some of the wealthiest cities in t...
Tags: Personal Finance, US, Trends, Wealth, Taiwan, Bureau of Labor Statistics, NICK, Rich, Freelancer, Wealthy, Robert Kiyosaki, Kristin Addis, Nastygal, Psychology of Money, Sophia Amoruso, Steve Siebold


"I understand perfectly why people who have treated the markets as an enormous casino for decades are terribly upset when people other than themselves treat the markets like an enormous casino."

That's the top-rated comment on "‘Dumb Money’ Is on GameStop, and It’s Beating Wall Street at Its Own Game/GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street" (NYT).  Finance is my least favorite subject, but I can't completely ignore something that feels expressive of my reasons for not engaging. I'm not even going to attempt to vaguely gesture at the briefest summary of wh...
Tags: Law, Wall Street, Gambling, Wealth, Reddit, Starbucks, Gamestop, Avocado, Financial Markets, Ann Althouse, GURNER, Tim Gurner


A couple who live off $7,000 a year share the exact budget sheet they use en route to early retirement

Shannon and Sergio aspire to retire early. Screw the Average Shannon and Sergio are on the path to join the FIRE (financial independence/retire early) community. Each of the past two years, they only spent $7,000 while traveling the country full-time. They shared their savings strategies with Insider, from house-sitting to travel-hacking. Visit Business Insider's homepage for more stories. You might want to take a page out of Shannon and Sergio's budget playbook.For each of the past two ye...
Tags: Personal Finance, Budget, Retirement, Savings, Trends, Wealth, House, Airbnb, Samsung Ssd, Sergio, Shannon, Arts & Culture, Financial Independence, Carlsbad California, Hillary Hoffower, Early Retirement


Inside the world of 'Bling Empire's' Jaime Xie, the tech heiress forging her own path as a fashion influencer

Jaime Xie Yoshi Uemura Jaime Xie, daughter of a tech billionaire, is known for being a fashion influencer and for appearing on the hit Netflix show "Bling Empire."  She says she makes nearly $100,000 as an influencer, and is frequently seen in New York, London, Milan, and Paris for fashion weeks.  In an interview with Insider, she talks about her love for fashion, what it was like being on "Bling Empire," and her next career plans.  Visit Business Insider's homepage for more stories. A few...
Tags: Nordstrom, Fashion, Milan, Instagram, Entertainment, California, La, US, Los Angeles, Trends, Wealth, Davos, Netflix, Luxury, Paris, Switzerland


Billionaires made $3.9 trillion during the pandemic - enough to pay for everyone's vaccine

In this June 6, 2019, file photo Amazon CEO Jeff Bezos speaks at the the Amazon re:MARS convention in Las Vegas. John Locher/AP An Oxfam report found billionaires' wealth increased by $3.9 trillion between March 18 and December 30, 2020. The increase for the world's 10 richest billionaires could pay for everyone to get vaccinated and stay out of poverty. The report recommends wealth taxes as one step toward a better world. Visit Business Insider's homepage for more stories. A new report fr...
Tags: Amazon, Trends, Wealth, Poverty, Economy, Billionaires, Argentina, International Monetary Fund, Oxfam, Las Vegas, Jeff Bezos, Biden, Inequality, John Locher, Wealth Tax, Joseph Zeballos Roig


The world's 1,000 richest people have already bounced back from COVID-19 wealth losses, but it could take more than a decade for the poorest to recover, Oxfam warns

Jeff Bezos, Bill Gates and Elon Musk are some of the wealthiest men in the world. Susan Walsh/AP; Joshua Roberts/Reuters; Axel Schmidt/Getty Images The 1,000 richest people on Earth have already recovered from coronavirus-related wealth losses, an Oxfam study revealed. Meanwhile, it could take more than a decade for those in poverty to recover, the charity said. The top 10 billionaires, including Jeff Bezos, have enough money combined to pay for a COVID-19 vaccine for everyone in the world...
Tags: Health, Amazon, Facebook, Mark Zuckerberg, Spacex, Elon Musk, Trends, Wealth, Economy, Earth, Walgreens, Healthcare, Berkshire Hathaway, Warren Buffett, Oxfam, Vaccine