Tag: Wealth

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Ferrari's $400,000 Purosangue is a dream to drive. Just don't call it an SUV

Ferrari's $400,000 Purosangue is a dream to drive. Just don't call it an SUV

The Purosangue, its name meaning "pure blood" or "thoroughbred" in Italian, comes with a 7.5-liter, V-12 engine. www.cnbc.com [...]
Billionaires to transfer $5 trillion to their children

Billionaires to transfer $5 trillion to their children

In recent months, the world's new billionaires made more of their fortunes from inheritance than from entrepreneurship, according to the UBS Billionai [...]
Inside Tennessee’s most expensive home, near Nashville

Inside Tennessee’s most expensive home, near Nashville

Twin Rivers Farm could break records as Tennessee's priciest home if it fetches its $65 million asking price. The property is located just 30 miles so [...]
Luxury hotels move into Nashville as demand for rooms surges

Luxury hotels move into Nashville as demand for rooms surges

Nashville is seeing an unprecedented surge in luxury hotels, with renowned brands such as the Four Seasons Hotel, the W Hotel and the Grand Hyatt open [...]
Charlie Munger, investing sage and Warren Buffett’s confidant, dies

Charlie Munger, investing sage and Warren Buffett’s confidant, dies

Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett's right-hand man at Berkshire Hathaway, has die [...]
Family offices move money out of stocks and into private markets

Family offices move money out of stocks and into private markets

Family offices now have more of their money invested in private markets than the public stock market — even as the market rallies — according to a new [...]
LVMH buys eyewear brand Barton Perreira

LVMH buys eyewear brand Barton Perreira

Barton Perreira sunglasses are displayed during 'A Good Time At Goodman's' held at Goodman's Men's Store in New York City.Astrid Stawiarz | Getty Imag [...]
Look inside Ivana Trump’s $22.5 million townhouse

Look inside Ivana Trump’s $22.5 million townhouse

The late Ivana Trump's townhouse in New York has sat on the market for one full year with no takers. In September, it took a $4 million cut from its o [...]
Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg

Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg

Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion. www.coindesk.com [...]
BNY Mellon Launches Universal FX -Asian Wealth Management … – Hubbis

BNY Mellon Launches Universal FX -Asian Wealth Management … – Hubbis

BNY Mellon Launches Universal FX -Asian Wealth Management ...  Hubbis www.hubbis.com [...]
Billionaires are driving South Florida home prices to new records

Billionaires are driving South Florida home prices to new records

From Palm Beach to Miami Beach, luxury home prices in Florida's richest enclaves are reaching new records as billionaires and millionaires continue to [...]
BTC Price Shows Crypto Winter May Be Over: Morgan Stanley Wealth Management

BTC Price Shows Crypto Winter May Be Over: Morgan Stanley Wealth Management

“By intentionally limiting the supply of new bitcoin, the shortage caused by the halving can affect the price of bitcoin to potentially spur a bull ru [...]
American Household Wealth Jumped in the Pandemic

American Household Wealth Jumped in the Pandemic

Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed. www.nytime [...]
Number of people with $100 million has doubled since 2003

Number of people with $100 million has doubled since 2003

Mbbirdy | E+ | Getty ImagesThe population of the super wealthy, or those worth $100 million or more, doubled over the past 20 years as asset prices so [...]
Rolls-Royce CEO Torsten Muller-Otvos retires

Rolls-Royce CEO Torsten Muller-Otvos retires

Torsten Muller-Otvos, the Rolls-Royce CEO who turned an aging brand into a coveted badge of success for pop stars, athletes and young entrepreneurs, i [...]
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