Wealth

Here's a comparison of bitcoin and all of the world's money

<i>As you see on this head-spinning graph below,</i> <i>the total amount of money in the world is $84 trillion</i> <i>. But that includes money in the bank. In physical coins and notes, the total global money supply is only $31 trillion. See the problem? Hence the rise of Bitcoin and other cryptocurrencies.</i> Bitcoin …

Larry Page

A New Delhi Family Learns To Navigate Wealth After A 'Windfall'

In the novel <i>The Windfall</i>, a newly minted tech millionaire buys a big fancy house, a flashy car and leaves his middle-class life behind to rub elbows with the superrich. What follows is a delightful comedy of errors where he and his family navigate the unexpected pressures and pleasures of newfound …

Culture

No Stopping China's Wealth Growth

Chinese citizens are wealthier than ever and their slice of the global economic pie will continue to expand. That's according to Bloomberg analysis …

China

Jeff Bezos might become the world's richest person — and he could redefine philanthropy

When Amazon bought Whole Foods on June 18, the move sent the online retailer's stock skyrocketing. It also increased the net worth of its CEO, Jeff Bezos, by $1.8 billion.<p>That put Bezos' net worth of $84.6 billion $5 billion behind — and within striking distance of — Microsoft cofounder Bill Gates, …

Philanthropy

Why You Should Make Money With Your Photography

There ain’t nothing dirty with money. Money is good, in today’s capitalist world. Money is a tool. Having money isn’t a sin.<p>1. I didn’t know money …

Street Photography

Andrew Menachem: Knowing your net worth can help you achieve your financial goals

If you’re a working adult, you probably have a good idea of your regular income as well as the household bills you need to pay each month. Managing …

Retirement

The Biggest Wealth Transfer from Average Americans to the Rich, When the Rich are Richer than Ever

ROBERT B. REICH is Chancellor's Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center for …

Liberal POV

Did Obamacare Boldly Redistribute Wealth?

Further to David’s point below, it is a theme in the coverage and the criticism of the Republican health-care bill that it will redistribute wealth …

ObamaCare

Private investment growth may slow

Investable assets in China's private wealth market will continue to grow this year, but the annual growth rate will be lower, an industry report …

Belt and Road Initiative

Joe Oliver returns to Bay Street as Echelon Wealth Partners chair

Former federal finance minister Joe Oliver is back on Bay Street as chairman of independent investment dealer Echelon Wealth Partners Inc.<p>Mr. Oliver is taking a rainmaker role at an employee-owned brokerage house with a focus on raising money for small-to-mid-sized companies that the former …

Business

What to Do With a Large Inheritance

The best thing to do with a large inheritance depends on what kind of financial planning you've already done, whether or not your inheritance is in a trust and if the money you've inherited is currently invested in tax-advantaged accounts, such as an IRA or in a taxable account. If any of these …

Retirement

7 times Warren Buffett didn't follow his own investing advice

Warren Buffett began his investing career early, buying his first stock before he was a teenager. By the time he was in his 20s, he founded Buffett Associates and was on his way to becoming a billionaire.<p>It’s a success story for the ages, and the self-made Oracle of Omaha is now one of the world’s …

Investing

65 percent of Americans would rather have this than a lot of money

There's more to wealth than net worth. In fact, a new survey from Charles Schwab finds that Americans lean towards definitions of wealth that money …

Richard Branson

John Paul DeJoria: “I Will Invest in Greece”

John Paul DeJoria visited his mother’s homeland and offered a timely talk to young Greek entrepreneurs at a Hellenic Initiative event titled “How to …

Greece

National Lottery results: Winning numbers for Lotto jackpot on Saturday, June 24 as one ticket-holder scoops £21.3 MILLION

Tonight's National Lottery jackpot draw has taken place - but have you got a winning ticket?<p>Lotto organisers have announced that one jackpot winner …

Larry Ellison's Net Worth Just Rose $5 Billion In Two Days

As the dot-com bubble deflated, Larry Ellison’s fortune dwindled, too–from $58 billion in the autumn of 2000 to $22 billion the following fall. As of this week, his net worth has finally surged back; Oracle shares are soaring, and Ellison is richer than ever.<p>On Wednesday afternoon, the software …

Business

Elon Musk Net Worth: How Much Is He Worth As Tesla Stock Soars | International Business Times

It’s no secret that Elon Musk is a successful businessman. His multiple businesses including Tesla and SpaceX distinguished him as a leader in the …

Elon Musk

The Number One Way Billionaires Get Rich (And how you can too!)

Ever wonder how most of these millionaires and billionaires got so rich? The answer’s simple. Take a look at Mark Cuban, who is worth $3 Billion. He …

Bitcoin

'She’s basically a very giving person': Pamela Buffett, cancer center’s lead donor, inherited her husband’s vision to help others

Pamela Buffett held her then-infant daughter, Sarah, dressed in a baptismal gown, as they waited to go forward for the ceremony at Olivet …

Tony Robbins Shares Advice On How To Be UNSHAKEABLE

Tony Robbins has built a reputation over the past few decades for helping people achieve outstanding results. He’s been recognized as the leading world-class peak performance strategist, advising some of the world’s most influential leaders. Millions of people have gone to his live events and had …

Self-improvement

Here is the richest person in each state

How much are the wealthiest people in each state making? More than ever, a new report from Forbes found. Most of the people on the list were on it …

Warren Buffett

Want to Attract HNW Millennials? An ESG Strategy May Be the Answer

By OppenheimerFunds via Iris.xyz There is an immense opportunity facing advisors today. Millennials are finally coming of age, and they are slowly but surely inheriting significant wealth from their baby boomer parents. Money is in motion. The greatest wealth transfer in history is underway, with …

Millennials

Here's how much money Americans think is enough to live comfortably

According to a new survey from Charles Schwab, Americans say it takes an average of $2.4 million to be considered "wealthy." As for how much it takes …

Jim Cramer

Tracking American wealth

The "Richest Person in Every State", from Forbes' Chase Peterson-Withorn with the magazine's 2017 rankings:<p><b>"The biggest gainer</b> in sheer dollars is …

Bill Gates

The Importance of Understanding Family Net Worth

A family statement of net worth (balance sheet) is a powerful financial tool. A statement is easy to compute, updated quickly and offers a great way …

Personal Finance

The Gilmores’ Guy: From Living in My Car to Investing Long Term

WealthManagement.com chatted with "Gilmore Girls" star Scott Patterson about his investing approach, his relationship with his longtime financial …

Gilmore Girls

John Paul DeJoria shares his story of “Good Fortune”

June 25, 2017: John Paul DeJoria embodies the American dream. This wildly successful entrepreneur was once homeless, but now, he’s a billionaire …

If Your Business Doesn't Sell, Can You Still Retire?

After investing thousands of dollars and multiple years in their companies, many owners have the dream of one day selling their business. Yet most …

Small Business

Meet The Richest Person In New Jersey

Meet the man who Forbes says has more money (billions) than anybody in the entire state.

New Jersey

Buffett partner Charlie Munger says Al Gore is ‘an idiot’ but became rich with this strategy

Warren Buffett's top lieutenant, <b>Charlie Munger</b>, told a small group of investors that the simple strategy of buying only service company stocks made …

Charlie Munger