wealth
Ben Grant, 25, grew up in a working-class city in England.He got into sales at 16 and became a millionaire last year at 24.When former classmates started asking him for money, he moved abroad.This as-told-to essay is based on a conversation with Ben Grant, CEO of Learn Sales. It has…
Devoting your life to making money can leave you lonely and aimless, Matthew McConaughey says.The actor warned against chasing cash at the cost of relationships and other valuable parts of life.Warren Buffett and other wealthy people have said there are more important things than money. People who spend their whole…
Ari Brojde thought his grandmother’s estate would be easy, but it took nearly three years to settle.Brojde and his cousin invented software to help streamline estate administration.Talking ahead of time and getting iron-clad legal directives can speed up estate settlement, he said. This as-told-to essay is based on a conversation…
Not all millionaires have big houses, boats, or fancy cars.In fact, six of them told BI their strategies to grow wealth — and keep it — are the exact opposite.”We aren’t flashy with our wealth because money isn’t our ultimate goal,” one said. Anthony Drew Gary, 35, and his wife…
By Selena Li, Engen Tham and Sumeet Chatterjee HONG KONG/SHANGHAI (Reuters) – HSBC Holdings Plc (LON:) is reviewing expenses and operational controls at its China digital wealth business Pinnacle, in a move that could result in layoffs and mark an abrupt reversal of the lender’s ambition for the unit, several…
The ultra-rich owners of the world’s leading luxury brands took a hit to their fortunes on Tuesday.Declines in LVMH and Kering shares cut the value of Bernard Arnault and François Pinault’s stakes.Luxury stocks slumped after China’s economic planners failed to detail their stimulus measures. The billionaires behind some of the…
Leo is an art dealer who appears in “Love Is Blind” season seven.He’s candid about his wealth on the show, despite worries that women are attracted to his money.Experts said rich millennials should be vulnerable and use their finances to open a dialogue. Warning: This post contains spoilers for “Love…
Bernard Arnault’s net worth has soared by $24 billion in four days to $201 billion.The LVMH CEO is set to leapfrog Mark Zuckerberg and become the world’s third-richest person.Its stock has surged on the back of China’s stimulus plans and LVMH’s new bet on Moncler. Bernard Arnault has grown $24…
Warren Buffett lives a simple life, steers clear of politics, and has gifted more than half of his vast fortune to good causes, promising that virtually all the rest will follow.Yet even the 94-year-old investor who runs Berkshire Hathaway is cutting out the taxman and setting his children up to…
So it is noteworthy that Democratic and Republican leaders both appear to want to establish a sovereign wealth fund to help the United States pay for stuff.Top aides to President Joe Biden, including National Security Advisor Jake Sullivan and his deputy, Daleep Singh, have been quietly developing plans for a…
