You Searched For "generational wealth" and got 20 results
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2 mins read
7 US tech billionaires have seen a $230 billion surge in wealth this year as stocks soar on the promise of AI revolution
Jensen Huang's 3.5% ownership stake in Nvidia has added a massive $50 billion to his net worth so f…
Matthew Fox
2 mins read
How much wealth you need to be in the top 1% in countries around the world
Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…
Noah Sheidlower
2 mins read
Americans' growing wealth points to a boom in a tax-exempt corner of the bond market
Adjusted gross income in the US spiked 17.7% to $2.2 trillion in the 2021 tax year, the highest yea…
Yuheng Zhan
3 mins read
The power of compounding: Your key to long-term wealth creation
Every individual wishes to have wealth, which can empower them to lead a financially independent an…
2 mins read
Gen Z is confident in its ability to build up wealth — at least the rich ones are
Among high-income earners, Gen Z is most confident in their ability to get richer.
Hannah Getahun
1 min read
Stocks are still much better than bonds for generating long-term wealth, Wharton professor Jeremy Siegel says
"By the time you've doubled your money in bonds, you've multiplied your money by five times in stoc…
Jennifer Sor
6 mins read
Hurun India Rich List: Birla and Bajaj back in the top ten with Ambani on top in 2023
A lot has changed in the last one year, but there are few surprises in the 360 ONE Wealth Hurun Ind…
6 mins read
From Gen Alpha to boomers, we asked 6 therapists what each generation is talking about in therapy
In 2022, almost a quarter of US adults visited a psychologist, therapist, or psychiatrist. But what…
Kim Schewitz
4 mins read
The ultimate way to quietly flaunt your wealth is still the $995 white tank top from Prada
Everyone has a white tank top in their wardrobe. But Prada has turned the classic garment into a st…
Amanda Krause
1 min read
Millennials could become the richest generation ever — but only if they already come from money
Millennials are set to benefit hugely from the $90 trillion in assets expected to move between gene…
Grace Eliza Goodwin
2 mins read
Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says
"These funds managed to lose value for shareholders even during a generally bullish market," Mornin…
Matthew Fox
4 mins read
A Black couple who retired early says there's a 'Black tax' on common wealth-building strategies
Julien and Kiersten Saunders say there's a "Black tax" in the FIRE movement that ignores individual…
Leo Aquino
4 mins read
Millennials are taking to TikTok to tell Gen Z that job stability is overrated: 'Question everything and the typical path you've been told to take'
"Don't pay too much attention to a recession and what bad news you think is coming," Su Hyun Kim to…
Jason Lalljee
4 mins read
Puerto Rican tax breaks are luring wealthy newcomers. A millennial says that's bad news for members of her generation with dreams of careers and homeownership.
Puerto Rico is becoming a popular destination for mainland Americans seeking tax breaks, but an inf…
Cork Gaines
3 mins read
A Tiktoker described her parent's 5-bedroom house as 'average.' It's making people question their perception of wealth.
After his fiancée said her mom's house was "average," a man posted a tour online to make the point …
Sirena Bergman
2 mins read
AI is set to boom into a $90 billion industry by 2025 as ChatGPT generates investment frenzy, UBS Wealth Management CIO says
UBS Global Wealth Management explained in a note to clients how AI tools and ChatGPT's success will…
Morgan Chittum
4 mins read
UK household wealth has tanked and it's a sign of what could happen in the US
UK's household wealth fell as much as 26% in some areas due to rising interest rates, with regions …
Cork Gaines
2 mins read
Here's how the rise of generative AI could change a core investing strategy
As generative AI boosts productivity, the correlation between stocks and bonds will change, hurting…
Aruni Soni
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
5 mins read
I'm a financial planner and a woman of color, and I can tell you firsthand that investing is the way to build generational wealth
Financial planner Pamela Capalad explains why many women of color don't invest, and why it's such a…