Wealth

Marko Geber | DigitalVision | Getty Images Employers are increasingly putting retirement savings on autopilot for their workers. About 62% of businesses with a 401(k) plan used automatic enrollment in 2020, up from 60% the year prior and 46% a decade ago, according to the Plan Sponsor Council of America, a trade group. This feature
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2021 was a wild year for cryptocurrency. Despite bitcoin’s recent plunge, for example, its price has still risen by more than 70% in the past 52 weeks. More important, bitcoin and other cryptocurrencies have made tremendous strides, not just in valuation — today the cryptocurrency market capitalization is estimated at $2.5 trillion, more than double a year
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For the most part, Bill Gates is optimistic about 2022. But the billionaire Microsoft co-founder still has a few concerns heading into the coming year. In Gates’ recently published end-of-year blog post, titled “Reasons for optimism after a difficult year,” he made multiple rosy prognostications — from the Covid pandemic potentially ending to the oncoming
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Selling a company for billions of dollars didn’t immediately upgrade Mark Cuban’s life. In fact, the longtime entrepreneur, investor and “Shark Tank” star found himself in the middle seat of an airplane while going to Las Vegas to celebrate his windfall. “When I sold my company for billions of dollars, to go and celebrate, I
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The superyacht “Kismet”, currently owned by Pakistani-American billionaire Shahid Khan, is seen moored near Tower Bridge on October 21, 2021 in London, England. Leon Neal | Getty Images More than 1,000 superyachts are now in production or on order, as the global rich seek refuge from Covid-19 and crowds on their nine-figure floating palaces. According
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If Mark Cuban could solely invest in one personality trait, it would be confidence. On Friday’s episode of ABC’s “Shark Tank,” the billionaire investor said he rejected one start-up founder’s pitch for that exact reason. The founder, Liv Bowser, launched her Los Angeles-based mental health company Liberate in May 2020. The start-up offers instructor-led Zoom
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