By Michael Hartley CFP® | Cultivating Change LLC curated information about the challenges and rewards of thoughtful financial, estate, life, and legal planning. CultivatingChange.com

How My Husband's Trust Fund Affects My Life

<i>In the two years since we began Money Diaries, we've received hundreds of submissions from fascinating women the world over with a variety of jobs,</i> …

Personal Finance

Powerball winner can stay anonymous, judge rules

A Powerball winner is allowed to stay anonymous while collecting her $560 million jackpot, a New Hampshire judge ruled on Monday.<p>The winner sued the New Hampshire Lottery last month under the name of Jane Doe, in a bid to collect the winnings through a trust to protect her anonymity.<p>The lawsuit …


Bezos says he'll spend 'Amazon lottery winnings' on space travel

(Bloomberg) — Jeff Bezos wants to make space travel as dynamic and entrepreneurial as the internet.<p>“The price of admission to space is very high,” Bezos said Saturday night in New York, accepting the Buzz Aldrin Space Exploration Award at the Explorers Club Annual Dinner. “I’m in the process of …

Space Travel

6 Unique Investments Mostly (but Not Exclusively) for the Very Wealthy

It's debatable if you can ever have too much money but at certain point just figuring out what to do with it is a job.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>The top 1 percent of the world’s wealthiest are an accomplished and unique bunch. These men and women, who in the US …

Real Estate

The dark reasons so many rich people are miserable human beings

It’s no picnic having a massive bank balance<p>Mo money, mo problems.<p>New research shows the richer we get, the less happy we become. A study, published …

Beverly Hills

IRS Seeks to Close Hedge-Fund Tax Loophole for Carried Interest

The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying …


The world's richest people spend $234 billion a year on luxury goods — here's how much they spend on yachts, private jets, wine, and clothes

The world's richest people have incredible spending power.<p>In fact, the value of $1 to the average person is the same as $1,355 to the typical billionaire. For a person that rich, buying a new Tesla Model X (with Ludicrous Mode, of course) is like spending $100.<p>Rich people with at least $30 million …

Tesla Model X

Does money equal happiness? It does, but only until you earn this much

The West Coast burger sensation In-N-Out pays store managers an average yearly salary of more than $160,000. USA TODAY

Mark Zuckerberg

Elon Musk Just Revealed the Surprising Amount of Bitcoin He Owns

It'll surprise you.<p>Entrepreneur and engineer Elon Musk — man whose name is synonymous with boundary-pushing companies like Tesla and SpaceX — just …

Elon Musk

Bill Gates reveals the two 'crazy things' he purchased since becoming a billionaire 30 years ago

Bill Gates sat down with talk show host Ellen DeGeneres for the first time this week.<p>Gates is the founder of Microsoft and cofounder of the Bill & Melinda Gates Foundation, and is the world's second-richest person with an estimated fortune of $91.8 billion, according to Bloomberg's index.<p>Gates …

Bill & Melinda Gates Foundation

The Best Way for Wealthy Parents to Talk to Children About Family Money

The key is give them the right information at the right time<p>Many wealthy families face a tricky balancing act. On the one hand, they want to conceal important details even from adult children for fear of creating a sense of entitlement. But when parents are too secretive, it can make it much more …


The world's richest people are abandoning London, Rome, and Paris for an unexpected destination

Kenya is often recognized as one of the best and most beautiful travel destinations for African safari in the world.<p>Kenya's 19 game reserves and vast Indian Ocean coastline drew more than 1.4 million tourists to the country last year, many of whom were visiting from other parts of Africa.<p>But some …


Meet the world's richest black billionaires of 2018

Bill Gates, Warren Buffett, and Jeff Bezos may be the richest men in the world, but they aren't the only billionaires.<p>There are 2,043 people across the globe with three commas in their net worths, according to the 2017 Forbes Billionaires list. The 23 wealthiest have $1 trillion collectively.<p>In …

Emerging Markets

Powerball winner who demands anonymity to get money

A woman who won a $559.7 million Powerball jackpot will get her money as a legal fight over releasing her identity plays out in court.<p>In a court …

New Hampshire

Context Matters. The Stock Market Drop Is Less Scary Than It Seems.

If measured by news headlines, you might assume these are dire times in the financial markets.<p>There is a “market meltdown” in the United States and “ugly, ugly scenes” in the European exchanges. Evidence of higher wages was “whacking” global markets last week, while higher bond yields threatened to …

Stock Markets

Agreus USA Family Office Compensation Benchmark 2018

Receive a copy of our report today and learn more about compensation packages for employees of USA Family Offices. Employees of more than 100 Family …

Employee Engagement

Who Moved the Most on Bloomberg's Billionaire Index 01/24

Here's who moved the most on Bloomberg's Billionaire Index. (Source: Bloomberg)

Jeff Bezos and Bill Gates live less than 1 mile from each other — here's where the rest of Seattle's billionaires live

Jeff Bezos and Bill Gates— the world's two richest people — are neighbors.<p>The tech titans live less than one mile from each other in Medina, Washington, a secretive and exclusive suburb located just across Lake Washington from Seattle where the median home value is over $2.7 million.<p>Gates isn't the …

Bill Gates

The 3 Richest Americans Have as Much Money as the Bottom 50%

3.7 billion people saw no increase in their wealth in 2017<p>The richest 1% of the global population received 82% of wealth created in 2017, while …

Your Kids Will Inherit Your Money, So Teach Them How To Handle It

Millions of dollars will pass through your kids’ hands over their lifetime. Eventually, they may inherit your hard-earned money, too. They need to be ready to handle their finances.<p>In fact, many parents want nothing more than our kids to be good with money so they can be successful, invest for …

Tom Brady

Meet the 20-year-old Florida man who announced he won the $450 million Mega Millions lottery on Facebook and credits 'a positive mindset'

A 20-year-old Florida man became an instant multi-millionaire last Friday upon discovering he won the $450 million Mega Millions jackpot.<p>"Oh. My. God." Shane Missler wrote on his Facebook page January 5, mere hours after the Mega Millions draw. He reportedly broke the news to his dad over a cup of …

Mega Millions

The Richest Women in America

No, Oprah Winfrey did not crack the top 10<p>The richest women in America have more in common than just their wealth.<p>From Jacqueline Mars to Christy …

Next-Gen Donors: Bryn Mars

A glimpse behind the curtain from a fourth generation member of the Foster Family Office.


Uber and Lyft are changing where rich people buy homes in New York City

Since 2001, Leonard Steinberg, real estate broker and a president at Compass, has been selling homes to New York City's richest residents.<p>Steinberg has over $3 billion in transactions under his belt. His largest sale to date was on a Tribeca townhouse that sold for $43 million. In 2009, he worked …

Real Estate

Who Moved the Most on Bloomberg's Billionaire Index 01/03

Here's who moved the most on Bloomberg's Billionaire Index. (Source: Bloomberg)

6 Habits of The World’s Richest People.

(<b>ThyBlackMan.com</b>) What do Bill Gates, Jack Ma, Richard Branson and Apple CEO Tim Cook have in common? They are some of the wealthiest people on …

The 11 largest luxury yachts sold in 2017

A solid year in terms of global financial performance, 2017 has also been a strong year for superyacht sales with 369 yachts sold so far this year, already up nearly 5% from the previous year.<p>Through its timeline platform, Yacht Harbour looks back at the largest yachts sold so far this year:

Real Estate

The four questions to ask when serving on a nonprofit board

Directors need to probe, nudge, and prod to make sure the organization achieves its full potential.<p><b>Sooner or later,</b> you may follow in the footsteps …


Amazon's Jeff Bezos ends 2017 as the world's richest person, worth $99 billion, despite Donald Trump

Jeff Bezos is ending the year as the world's richest person, and despite Trump's numerous attacks - the latest was on US Postal Service pricing - he …