You Searched For "cash rich family" and got 20 results
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3 mins read
How rich Americans can save on taxes by giving stock and real estate to their parents
The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting…
Hayley Cuccinello
2 mins read
Millennials have 'phantom wealth' hidden in their homes and 401Ks — but they don't feel rich
Millennials are wealthier than boomers were at this point in their lives. Home prices and retiremen…
Katie Notopoulos
7 mins read
Forget free cash, there's an even more American way to help people get ahead
Basic income programs continue to ripple across the US. But some experts say there's a policy that'…
Ayelet Sheffey
1 min read
Kellogg's CEO says cash-strapped families should eat cereal for dinner to save money
Gary Pilnick, the millionaire CEO of Kellogg, suggested people struggling financially should eat ce…
Katie Balevic
2 mins read
It's a great time to buy a Hong Kong mansion from the cash-strapped elite
Some upscale properties sold in the first half of the year for up to 50% off 2018's peak prices, pe…
Lian Kit Wee
2 mins read
China wants its nepo-baby and get-rich-quick influencers gone
China's biggest platforms announced a synchronized crackdown on "bad behavior" involving flaunting …
Matthew Loh
4 mins read
Cash-rich family offices of small towns are buying into the India startup story
The Indian startup story has not just gone global, it’s going deep into the hinterlands too. And …
4 mins read
We are a family of 6. We save $7,000 every year by doing 3 things.
Raising kids is so expensive nowadays. I buy secondhand clothes and look for things we need in Buy …
Jenna Jonaitis
17 mins read
Inside the company that has discovered the ultimate cash cow: teenage athletes
Michael Schwimer calls his company "Shark Tank for athletes." Critics call it indentured servitude.
Joseph Bien-Kahn
4 mins read
Some people are being given thousands of dollars with no strings attached in universal basic income trials. They mostly spend the cash wisely.
A common question about universal basic income, or UBI, is how people spend the money, but early tr…
Theron Mohamed
4 mins read
Getting rich is only a swipe away
Social media has proved a fertile hunting ground for fraudsters looking to pitch people get-rich-qu…
Dan DeFrancesco
2 mins read
China's economy is so uncertain that the wealthy are turning to an underground network to secretly move cash out of the country
Money advisors in China have directed some clients to a quasi-banking system, sometimes at the risk…
Phil Rosen
2 mins read
45 American families are worth more than $10 billion and the wealthiest one is even richer than Elon Musk
Walton, Mars, Koch, Pritzker, Hearst, and Marriott are just some of the famous names on Forbes' lis…
Theron Mohamed
4 mins read
Families concerned over 'escalating tension' between India and Canada
With India warning its citizens to "exercise utmost caution" while in Canada amid escalation of the…
6 mins read
Millennials are desperate to buy a home but cash-flush boomers are standing in their way
Sorry, millennials: For the first time in a decade, baby boomers represent the largest share of hom…
James Rodriguez
3 mins read
A Boston guaranteed income program gave families $583 a month. It helped them buy first homes and pay off debt.
A Boston guaranteed income program said that after two years, participants bought their first homes…
Noah Sheidlower
5 mins read
Fishing startups are making the industry more sustainable by repelling bycatch, recycling nets, and tackling dredging — but they need more cash to stay afloat
Startups working at the intersection of climate and traditional fishing have cited a gap in funding…
Tasmin Lockwood
6 mins read
18 months after Putin invaded Ukraine, Russia's sanctioned oligarchs are still rich and even less likely to stand up to him
Russian oligarchs are still rich. The West hoped that slapping sanctions on Russia's billionaires c…
Ryan Hogg
3 mins read
Warren Buffett wrote to Leon Cooperman about stock buybacks, taxing the rich, and the presidency. Here are the 3 messages, from Cooperman's new memoir
Buffett praised Cooperman for defending Henry Singleton and Teledyne, and joked he could "deliver N…
Theron Mohamed
9 mins read
Rich white-collar suspects are spending millions to turn their luxury homes into jails with 24/7 guards — and one has already escaped
White-collar suspects are paying for bespoke house arrest, designing their own luxurious version of…