Tag: Wealth
Ferrari’s success as a luxury brand comes down to five secrets
In the world of luxury, Hermès is arguably the gold standard.Its sales are growing double digits even as other luxury companies post declines or drama [...]
Manhattan is ‘buyer’s market’ as real estate prices fall, inventory rises
A sign advertising a home for sale is displayed outside of a Manhattan building in New York City on April 11, 2024.Spencer Platt | Getty ImagesManhatt [...]
Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors
Bing Guan | Bloomberg | Getty ImagesMorgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expect [...]
Ferrari CEO Benedetto Vigna: All-electric model preserves ’emotion’
Ferrari's all-electric model won't be launched for over a year, but early tests indicate it has all the driving traits and emotion of a true Ferrari, [...]
Not all wealth is created equal – Forex Factory
Not all wealth is created equal Forex Factory
www.forexfactory.com [...]
Democrats’ Dream of a Wealth Tax Is Alive. For Now.
A narrow Supreme Court ruling left the door open for Congress to expand taxes on billionaires, but it’s not a guarantee.
www.nytimes.com [...]
Gen X stands to gain the most, study finds
Fg Trade | E+ | Getty ImagesGeneration X may be the biggest beneficiaries from the $84 trillion Great Wealth Transfer in the next 10 years, according [...]
Christina Lewis launches Beatrice Advisors multifamily office
Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis.Cindy JohnsonChristina Lewis had her f [...]
Labour manifesto all about wealth creation, says Keir Starmer
6 minutes agoBy Paul Seddon, Political reporterreutersLabour's leader Sir Keir Starmer has said wealth creation will be the "number one priority" in h [...]
Family offices are planning big investments in private companies
Family offices are increasingly becoming their own private equity funds and investing in companies directly, according to a new survey.A majority (62% [...]
U.S. millionaire population grew by 600,000 last year
B2m Productions | Digitalvision | Getty ImagesThe U.S. far outpaced the rest of the world in minting millionaires last year, adding 600,000 new millio [...]
Aston Martin gets a boost from Formula 1, new models
With a parade of new models and a marketing tailwind from Formula 1, sports carmaker Aston Martin expects to become cash-flow positive this year, acco [...]
The summer reading list for the rich, by J.P. Morgan Private Bank
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consu [...]
Palm Beach housekeepers make $150,000 a year due to massive demand
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consu [...]
Family offices become prime targets for cyber hacks and ransomware
A computer with a "system hacked" alert due to a cyber attack on a computer network.Teera Konakan | Moment | Getty ImagesA version of this article fir [...]