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3 mins read

It's getting harder than ever to become a self-made billionaire. But inheritances are still going strong.

The world's billionaires made more wealth through inheritance than entrepreneurship in 2023 for the…

Jennifer Sor   


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1 min read

America's real estate market could see a $1 trillion default wave as things turn 'very ugly,' billionaire CEO says

"It's going to be a very, very ugly market owning real estate over the next 18 months to two years,…

Jennifer Sor   


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10 mins read

Billionaire FBI informant Peter Thiel dished about two Kremlin invites to private Putin meetings

Vladimir Putin's outreach to Peter Thiel, made through a Russian diplomat, occurred in 2018 at a pa…

Mattathias Schwartz,Hans-Mart…   


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1 min read

The real reason Marc Andreessen is urging billionaires to homeschool their kids

Andreessen told billionaires to homeschool their children (and weighed in on the Musk-Zuckerberg ca…

George Glover   


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1 min read

High inflation may linger for decades with wars set to usher in an era of deglobalization, billionaire investor Ken Griffin says

The Citadel founder told a Bloomberg event he's bracing for sticky inflation, higher interest rates…

George Glover   


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3 mins read

India ranks 3rd in millionaire outmigration in 2022, but it’s still churning out more millionaires than it is losing: Henley & Partners

After a pandemic break, the trend of millionaires moving out of their home countries, looking f…

Business Insider Latest Story Image
5 mins read

'Loud quitting' is the newest workplace trend, but it might not result in the type of impact you hope for

Workers are feeling empowered to let their managers know what they're doing wrong as they search fo…

Dan DeFrancesco   


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2 mins read

Warren Buffett just became even more relatable (for a billionaire)

Warren Buffett, the world's seventh-richest person, has been at the Sun Valley gathering of billion…

Sirena Bergman   


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1 min read

Here's how to invest $100,000 right now, according to billionaire Mike Novogratz

The crypto enthusiast suggested that young and risk-tolerant investors buy Alibaba stock, silver, e…

Filip De Mott   


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6 mins read

A US developer plans to transform a Scottish village into a private 'world' for billionaires. Locals are outraged.

Residents of a Scottish village and castle estate say they are horrified that it's being turned int…

Mikhaila Friel   


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1 min read

Hedge fund billionaire Steve Cohen expects a recession to come and go quickly before a stock market rally in 2024

The billionaire investor said a downturn could be "a fake scare" that could catch investors off gua…

Phil Rosen   


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2 mins read

Billionaires are exerting ever-greater influence on elections as Biden contemplates taxing America's most wealthy: report

Billionaires together spent more than $2 billion during the 2020 election funding their own campaig…

Madison Hall   


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2 mins read

Sensex, Nifty halt three-day gaining streak on weak global trends

Benchmark stock indices closed lower on Wednesday, snapping their three-day gaining streak followin…

PTI   


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3 mins read

Crypto billionaire Sam Bankman-Fried discusses why dogecoin should be named asset of the year - and how its rise reflects the meme-stock trend

"Elon is a powerful piece of this, he is actually the most influential man in the world when it com…

Shalini Nagarajan   


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1 min read

Commercial real estate is being battered by a 'hurricane' as higher interest rates bite, billionaire investor Barry Sternlicht says

The Starwood Capital CEO told Bloomberg the sector needed to know what the Fed's intentions were in…

Zahra Tayeb   


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1 min read

Commercial real estate is being battered by a 'hurricane' as higher interest rates bite, billionaire investor Barry Sternlicht says

The Starwood Capital CEO told Bloomberg the sector needed to know what the Fed's intentions were in…

Zahra Tayeb   


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1 min read

Billionaire Barry Sternlicht's firm just defaulted on a $200 million office mortgage amid mounting commercial-property stress

Barry Sternlicht's Starwood Capital just failed to refinance or pay off its mortgage tied to an Atl…

Zahra Tayeb   


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3 mins read

Theron Mohamed   


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3 mins read

Don't look now, but Wall Street bonuses are already trending in the wrong direction

It's still early days, but Wall Streeters hoping for fat bonuses might be in for a rude awakening i…

Dan DeFrancesco   


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3 mins read

Abandoned stores are coming back to life as pickleball courts, thanks to startups ready to cash in on the trend

Abandoned mall anchor stores, like Macy's, and shuttered big-box stores are perfect venues for pick…

Avery Hartmans