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You Searched For "US wealth" and got 14 results


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1 min read

3 US-based academics awarded the Nobel Prize in economics for their work on wealth inequality

Daron Acemoglu, Simon Johnson, and James A. Robinson won the prize for their "studies of how instit…

Polly Thompson   


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3 mins read

Trump and Biden agree: The US should finally start a sovereign wealth fund

Momentum on both sides of the aisle is picking up to establish an American sovereign wealth fund th…

Lakshmi Varanasi,Katie Balevic   


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1 min read

Elon Musk is close to breaking his $340 billion wealth record as Tesla stock keeps rising

Elon Musk has grown about $105 billion richer this year, boosting his net worth to a near-record $3…

Theron Mohamed   


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2 mins read

The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.

Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…

Lakshmi Varanasi   


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2 mins read

Elon Musk's wealth soars past $300 billion as Tesla shares climb on the back of Trump's election win

Tesla's share price has climbed by around 28% since Tuesday's close. The company on Friday hit a tr…

Rebecca Rommen   


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5 mins read

Elon Musk is flexing his wealth and political power unlike any of the richest men before him

Elon Musk is behaving unlike any of the uber-wealthy Americans before him.

Brent D. Griffiths   


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3 mins read

India and China to drive new wealth creation globally, Asia to contribute 30% of new wealth, says BCG report

India is well positioned to be a driver of greater wealth, according to a global wealth report by B…

ANI   


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2 mins read

Matthew McConaughey says chasing wealth can leave you lost and alone — and he'd be happy with 1/50th of his fortune

"Interstellar" star Matthew McConaughey said getting richer stops improving your life as much after…

Theron Mohamed   


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3 mins read

I moved to Dubai when I became a millionaire at 24. People don't treat me differently here because of my wealth.

Ben Grant became a millionaire at 24 and says people treated him differently. He moved to Dubai, wh…

Kelly Burch   


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3 mins read

I'm a wealth manager and handling my parents' estates took years. I'm leaving iron-clad legal directives for my kids.

Ari Brojde thought his grandmother's estate would be easy, but it took nearly three years to settle…

Kelly Burch   


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3 mins read

3 reasons rate cuts won't stimulate the economy like they have in the past: Morgan Stanley Wealth Management CIO

Rate cuts aren't going to be effective in boosting the economy for these 3 reasons, says Lisa Shale…

Christine Ji   


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1 min read

Bernard Arnault's wealth is slumping as the luxury boom falters

Bernard Arnault is the only one of the world's 15 richest people who has seen their wealth fall so …

Grace Dean   


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4 mins read

I'm a millionaire, but I'm only leaving my kids a small inheritance. I want them to earn their money like I did.

Payam Zamani arrived in the US with only $75 and is a millionaire. He is leaving his daughters a sm…

Kelly Burch   


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3 mins read

Vinod Khosla says universal basic income may be needed as AI takes over jobs and drives wealth disparity

Investor Vinod Khosla predicts AI will handle 80% of work in 80% of jobs. That could drive a need f…

Tim Paradis