Wealth

Nearly half of millennial millionaires have at least 25% of their wealth in cryptocurrencies, as the crypto boom continues to create wealth for young, early adopters, according to the CNBC Millionaire Survey. Fully 47% of millennial millionaires surveyed have more than 25% of their wealth in cryptocurrencies, according to the survey of 750 investors with

When it comes to fame and infamy, former Theranos CEO Elizabeth Holmes has apparently cornered the market. Internet sellers are cashing in on mugs, T-shirts and even shower curtains in the weeks before her criminal fraud trial starts in August. A review of online stores shows more than 50 listings of Holmes and Theranos merchandise

The recent release of thousands of Dr. Anthony Fauci’s emails from the spring of 2020 revealed a lot about the early days of the pandemic. But it was also a fascinating glimpse into the White House chief medical advisor’s busy job. The sheer number of emails that Fauci receives and responds to in a day

The off-price retailer Saks Off Fifth has teamed up with The Phluid Project to create a line of gender-fluid apparel, coinciding with Pride Month. Source: Saks Off Fifth For Christina McCann, shopping at the mall involves sifting through the women’s and the men’s aisles in search of the perfect outfit. McCann, who is nonbinary, often

Kevin Aluwi and William Tanuwijaya recently made Indonesian history. As founding members of GoTo Group, the 30-somethings are responsible for creating Indonesia’s newest and most valuable tech company after merging their ride-hailing and e-commerce start-ups in the country’s biggest-ever business deal. The combined entity contributes 2% to Indonesia’s GDP via its various business lines including

Amazon CEO Jeff Bezos Alex Wong | Getty Images Going to space like Amazon founder Jeff Bezos comes with a hefty price tag. Bezos – the richest person in the world – will participate in the first passenger flight his space company, Blue Origin, is making, he announced Monday. The voyage will take place on

In this article JBLU DAL AAL UAL LUV People ready to fly again may want to prioritize redeeming their airline miles, rather than trying to earn new ones. A glut of unused reward miles may push airlines to change their frequent flyer programs in ways that could disadvantage some customers, warns ValuePenguin, one of LendingTree’s

Elmont, N.Y.: Manuel Franco riding Tiz the Law wins first place during the Belmont Stakes at Belmont Park in Elmont, New York on June 20, 2020. Steve Pfost | Newsday | Getty Images Kevin Richardson grew up in West Baltimore and credits horse racing with keeping him out of trouble. He started out cleaning stalls

Billionaire Jack Dorsey, co-founder of Twitter and Square, is extremely bullish on the future of bitcoin, the largest cryptocurrency by market value. “Bitcoin changes absolutely everything,” Dorsey said Friday at the Bitcoin 2021 Conference. “I don’t think there is anything more important in my lifetime to work on.” In fact, “if I were not at

Asia has more than 30 cities with populations greater than five million people, yet only two can lay claim to the top bar on Asia’s 50 Best Bars list. Every year since the list’s inception, the continent’s best-ranked bar has been in either Hong Kong or Singapore. The annual ranking is organized by William Reed

Five years ago, Lindsay McCormick was working as a TV producer on HGTV’s “House Hunters.” She was traveling the country, living out of a suitcase, and relying heavily on travel-size toiletries. “I kept going through toothpaste tubes and I was just like, this feels so wasteful,” McCormick says. An avid surfer and former surf instructor,

In this article AMC AMC Entertainment CEO Adam Aron has seen his wealth soar by more than $200 million since the start of the year thanks to a retail-investor fueled rally, according to securities filings. The theater chain, which has become a favorite of retail investors and social media message boards, has seen its stock

Tasos Katopodis | Bloomberg | Getty Images President Joe Biden wants to raise the top income-tax rate for wealthy households to 39.6%, from the current 37%, to help finance his legislative agenda. That top rate would apply to single individuals with taxable income over $452,700 and married couples filing a joint tax return with income

When comparing different blockchains, billionaire Mark Cuban looks at a few specific characteristics before investing. “Most people look at speed and cost compared to BTC [bitcoin] or ETH [ethereum],” Cuban tells CNBC Make It. “While those things can be important, I look at blockchains as networks with development platforms via smart contracts.”  Cuban is referring

Elizabeth Holmes, founder and former chief executive officer of Theranos, center, exits U.S. federal court in San Jose, California on May 6, 2021. Nina Riggio | Bloomberg | Getty Images In the case of Elizabeth Holmes apparently all publicity isn’t good publicity. Attorneys for the former Theranos CEO are citing widespread negative coverage as a

In this article RR.-GB Detail of the new Rolls-Royce Boat Tail on May 27, 2021, unveiled by Rolls-Royce CEO Torsten Muller-Otvos at the Home of Rolls-Royce in Goodwood, West Sussex, England. Jeff Spicer | Getty Images Entertainment | Getty Images Rolls-Royce Motor Cars on Thursday unveiled the Boat Tail, a luxury vehicle model it has

With two major cultural events held last weekend, the international arts scene signaled it has no intention of letting yet another year get canceled by Covid.   Art Basel Hong Kong, which took place from May 19-23, marked the return of one of the world’s most venerated art fairs. The show came on the heels

Though billionaire investor Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has previously expressed concern about the future of bitcoin, he has also noted that the cryptocurrency earned his respect. Now, he reveals, “I have some bitcoin,” Dalio told CoinDesk during its 2021 Consensus conference. The interview was recorded on May 6

“The Sakura,” a 15.8-carat purple-pink diamond set on a platinum and gold ring, sold for $29.3 million. Christie’s Hong Kong A purple-pink diamond has set a new record as the largest ever to be auctioned, selling for $29.3 million in Hong Kong.  “The Sakura,” the Japanese word for cherry blossom, is a 15.8-carat purple-pink diamond

In this article WBA Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. MediaNews Group/The Mercury News via Getty Images | MediaNews Group | Getty Images Money may buy happiness but in the case of former Theranos CEO Elizabeth