You Searched For "dynastic wealth" and got 20 results
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2 mins read
America's 50 richest families saw their wealth increase 10 times faster than the average US family during the pandemic
The 50 richest US families are worth $1.2 trillion. The 65 million families in the bottom half of U…
Hillary Hoffower
2 mins read
The 10 wealthiest American families saw their wealth increase by $136 billion during the pandemic
America's 10 wealthiest billionaire families saw their median wealth grow by 25% in 2020, per a rep…
Hillary Hoffower
3 mins read
3 secrets that America's richest family dynasties use to hang onto their money, from a report on their breakaway wealth during the pandemic
A report from the Institute for Policy Studies finds the wealthy remain that way through strategic …
Juliana Kaplan
2 mins read
GOP Senate candidate David McCormick has up to $2.2 million in a 'dynasty trust' that allows him to evade wealth taxes potentially forever
"Dynasty trusts" allow their holders to avoid estate taxes for an extremely long time: 800 years in…
Bryan Metzger
3 mins read
America's billionaires have become even richer since Donald Trump became president, and it says a lot about the country's record-high wealth gap
Household wealth has remained relatively flat over the past 30 years. In 2018, the gap between the …
Hillary Hoffower
1 min read
The Kardashian-Jenners built dynastic wealth off TV deals, and their new pact with streaming superpower Disney is the latest move in expanding their $2 billion empire
The Kardashian-Jenners have earned a reputation of "being famous for being famous," but the family …
Hillary Hoffower
2 mins read
The gap between the rich and the poor in the US has widened to a record high, and it mirrors the growth of 'dynastic wealth'
An Insider and Morning Consult survey from earlier this year also found that middle-class America i…
Hillary Hoffower
6 mins read
US inequality is only getting worse, and the 'dynastic wealth' bemoaned by Warren Buffett may be one of the reasons why
In an attempt to even the playing field between the richest and poorest Americans, a number of weal…
Hillary Hoffower
6 mins read
Dynastic wealth may be fueling the widening gap between America's rich and poor - here's how the wealthy keep their money in the family
He added: "Given the relatively high level of estate tax exemption at $11.4 million per person, mos…
Hillary Hoffower
2 mins read
Warren Buffett defends himself after ProPublica says he avoids taxes
Buffett keeps his fortune in Berkshire Hathaway stock and doesn't pay a dividend to pay less tax, P…
Theron Mohamed
4 mins read
Her fortune came from Hyatt hotels; his came from the Erie Canal. Now, they want the government to tax their millions to fund coronavirus relief.
Impact investors Liesel Pritzker Simmons and Ian Simmons are leading the charge for a national weal…
Taylor Nicole Rogers
4 mins read
Black millennial households earn about 60% of what their white counterparts make, and it highlights just how much worse the generational wealth gap is along racial lines
Black millennials take on more student debt and have a harder time finding a job post-graduation, o…
Hillary Hoffower
1 min read
Meet the 15 richest family-wealth dynasties in the US, who have a combined net worth of $618 billion
Here's a closer look at how they and the rest of the wealthy dynastic families from the Forbes 400 …
Hillary Hoffower
5 mins read
Family offices oversee trillions in wealth and are highly secretive. But that's changing as they chase direct deals - and company execs want to know who's behind the money.
Family offices have leapt at the chance to gain a foothold in the private market with "direct deals…
Rebecca Ungarino
1 min read
The 15 Richest CEOs In The World
These are 15 people that despite already having dynastic wealth, have chosen to keep leading their …
Max Nisen
1 min read
Bill Gates calls for higher taxes on the rich — but warns against crushing the American dream
Bill Gates said his ideal tax system would slash his net worth by 62% or about $100 billion, but st…
Theron Mohamed
1 min read
3 Walmart heirs are each worth almost $100 billion — and together they're way richer than Elon Musk
Jim, Alice, and Rob Walton are all close to joining a very exclusive club as Walmart stock hits new…
Theron Mohamed
2 mins read
Warren Buffett celebrates Thanksgiving with a nearly $900 million gift - and details what will happen to his fortune after his death
Warren Buffett donated $866 million of Berkshire Hathaway stock to four of his family's foundations…
Theron Mohamed
2 mins read
The American dream is 'rapidly diminishing,' Walgreens boss says in plea to raise taxes for the wealthy
John Driscoll, a Walgreens exec, wants lawmakers to tax millionaires like himself more to preserve …
Jordan Hart
2 mins read
Walt Disney's great-niece praised Warren Buffett's character - but argued most of his $100 billion fortune should go to the government, not philanthropy
Abigail Disney sees Buffett as a "good man with a good heart," but thinks the government would spen…