Heading into 2022, the 10 wealthiest individuals in the world are all worth more than $100 billion, according to the Bloomberg Billionaires Index. Some of these individuals, like Bill Gates and Jeff Bezos, have been worth $100 billion for some time: Gates first reached the mark in 1999, while Bezos did it in 2017. But
Wealth
Times Square, New York Jason Dean | Moment | Getty Images From the Big Apple to the Bay Area, cities and towns across the country are expecting celebratory crowds come Friday as a pandemic-weary population looks to bid 2021 good riddance. Amid the latest, delta and omicron waves of Covid-19 infections, you might think more
Trevor Williams | DigitalVision | Getty Images A majority of millennial millionaires (55%) say they are planning to sell stocks in 2022 because of potential tax changes, according to the recent CNBC Millionaire Survey. Ninety percent of millennial millionaires say they anticipate taking some sort of action in regards to their finances in the year
A trader blows bubble gum during the opening bell at the New York Stock Exchange on August 1, 2019, in New York City. Johannes Eisele | AFP | Getty Images If the market is in an everything bubble, wealthy Americans are headed into 2022 saying they don’t really want much more — of anything, according
Elon Musk runs two of the world’s most innovative and valuable tech companies — but you may not want to be his assistant. The 50-year-old SpaceX and Tesla CEO is a business “savant,” but his “gift is not empathy with people,” his brother and longtime business partner Kimbal Musk told Time Magazine earlier this month.
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
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
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
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
Glittering pine trees, Santa Claus and stockings are part of many people’s ideas of Christmas, but the holiday can look vastly different around the globe. From Europe to Asia to the depths of Antarctica, here’s how Christmas is celebrated in nine places around the world — and one place orbiting around the world. Croatia Christmas
In 2008, Deacon Hayes and his wife, Kim, “were newly married” and “living paycheck to paycheck” in Phoenix, Arizona, he says. She was a teacher and he was selling wood floors, and, “between credit card debt, student loans, and car loans, we had about $52,000 in consumer debt,” he says. More from Grow:How I paid
On Sunday, Elon Musk tweeted a TikTok of an interview between Bill Gates and David Letterman in 1995, asking, “Given the almost unimaginable nature of the present, what will the future be?” In the video, Gates describes the internet to Letterman, which was new and strange to most at the time. After showing the clip, the TikTok user who
Tesla founder Elon Musk speaks at the unveiling event by “The Boring Company” for the test tunnel of a proposed underground transportation network across Los Angeles County, in Hawthorne, California, December 18, 2018. Robyn Beck | Pool | Reuters Responding to political attacks on his wealth and taxes, Elon Musk said his wealth “is not
Sen. Joe Manchin, D-W.Va., walks outside of the Senate Chamber on Capitol Hill on Dec. 9, 2021. Kent Nishimura | Los Angeles Times | Getty Images The “backdoor Roth” tax strategy used largely by wealthy retirement savers and slated to be killed next year has survived — for now. The loophole lets rich 401(k) and
Flights are booked. Bags are packed. To cancel Christmas travel plans seems unfathomable at this point. But for many, so does the speed at which the omicron variant is spreading. The highly transmissible Covid-19 variant — which was first detected in late November but has since been detected in nearly 90 countries — is causing
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
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
In the centuries-old carol “The 12 Days of Christmas,” celebrations span less than two weeks. Today Christmas is regularly celebrated throughout December, and in some places, a good portion of November too. But four months of festivities in the Philippines gives new meaning to the term “holiday season.” The ‘ber’ months Christmas is celebrated
Artist Chris Carnabuci stands before his sculptures of George Floyd and Breonna Taylor (L) featuring painting by Laolu Senbanjo otherwise known as Laolu NYC”, at Sotheby’s auction house in New York on December 9, 2021. Ed Jones | AFP | Getty Images The Big Three auction houses hit a record $15 billion in sales this
In this article TSLA Elon Musk, CEO of Tesla, stands on the construction site of the Tesla Gigafactory. In Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history. “For those wondering, I will pay
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