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2 mins read
Here's how much it pays to control the fortunes of America's wealthiest people and why it's escalating
Pay for US CIOs is reaching eye-watering levels as family offices compete for private equity for de…
Michelle Abrego
2 mins read
America's wealthiest agriculture family has gotten even richer as the Ukraine war sends food prices skyrocketing
Three more Cargill heirs just joined Bloomberg's Billionaire Index, bringing the total to five. Tog…
Hannah Towey
2 mins read
India is getting richer!
The US remains the country with the largest number of ultra-high-net-worth (UHNW) households at…
2 mins read
China's new tech market just minted 3 billionaires in a single day, and it might be a turning point after a rocky year for the country's wealthiest people
Launched on July 22, the STAR market was designed to compete with Nasdaq to trade China's largest t…
Taylor Nicole Rogers
2 mins read
Neiman Marcus has a posh sister store reserved for the wealthiest elites
"Overall sales and patronage of [Neiman Marcus] stores is much larger, mainly because there are mor…
Mallory Schlossberg
4 mins read
For some wealthy travelers, fall is the new summer
Forget asking your friends where they "summer" — now, it's all about where you autumn as some trave…
Brittany Chang
2 mins read
Widespread adoption of electric vehicles is already making some neighbourhoods cleaner, study finds
Studies have shown that electric vehicle sales in India have risen more than sixfold since pre-pand…
3 mins read
China's top climate envoy is coming to the US this month as tensions over green tech run high
The meeting comes as the US and China jockey for power over renewable technology like solar, EVs, a…
Catherine Boudreau
4 mins read
Lok Sabha 2024: How BJP, Congress and other parties have performed in states with largest economies in India
Many of the richest Indian states have expressed mixed to lukewarm reactions towards the Bharatiya …
3 mins read
Your energy costs could become a lot more unpredictable
The time when Americans could rely on cheap natural-gas prices to heat their homes and power busine…
Catherine Boudreau
3 mins read
New York City has lost 100,000 apartments because people in rich neighborhoods keep combining units
More New Yorkers want to combine apartments. Without new homes getting built, it's exacerbating a h…
Juliana Kaplan,Eliza Relman
1 min read
Dozens of rich Norwegians worth billions have relocated to Switzerland to escape higher taxes
Norway raised its wealth tax from 0.85% to 1.1% last year, prompting the departure of some of its m…
Jyoti Mann
2 mins read
Israel's richest man and his wife stepped down from a Harvard board, saying their faith in the school's leadership had been 'broken' over its response to the Hamas attacks
Idan and Batia Ofer said that they hadn't seen "clear evidence" showing the university's support fo…
Grace Dean
3 mins read
The vicious cycle of homeowners insurance: It's increasingly expensive to protect homes in the disaster-prone areas that need it most
As disaster risks grow in vulnerable areas, insurers are pulling back from offering the kinds of co…
Dan Latu
1 min read
America's richest banker quadrupled his firm's assets last year by making a massive bet that inflation would spike
Andy Beal, the founder of Beal Bank, made well-timed bets on inflation by buying up large volumes o…
Morgan Chittum
2 mins read
India emerges as key source country for FDI into Dubai: Report
India has emerged as a key source country for Foreign Direct Investment (FDI) in Dubai, one of the …
PTI
2 mins read
An elite Bronze Age man who underwent brain surgery 3,500 years ago may have suffered from leprosy, archaeologists believe
During an archeological excavation of a tomb in Tel Megiddo, Israel, researchers discovered the rem…
Isobel van Hagen
5 mins read
Housing economists have a great idea that could fix just about everything
There's a simple way to help cities and towns across the country address underused land and a housi…
Eliza Relman
13 mins read
Why America's hospitals are on life support
Inside the financial scheme that's crippling America's healthcare providers
Bethany McLean
5 mins read
The US's biggest arms buyers are looking elsewhere for a next-generation fighter jet, but it won't be easy to find
Saudi Arabia, the United Arab Emirates, and Qatar have bought a lot of US-made fighter jets, but th…