You Searched For "wealthy households" and got 20 results
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3 mins read
After launching a successful VC fund, I joined an exclusive networking club that helps multimillionaires build a meaningful legacy
Sanket Parekh runs Miami-based Secocha Ventures. He explains why he joined R360, a club for people …
Zahra Tayeb
3 mins read
The Fed didn't just make America's rich richer during the pandemic. The world's wealthy class got a boost.
Global stocks and home prices are soaring, unlike the Great Recession. It shows how the Fed's quant…
Ben Winck
2 mins read
Wealthy homeowners are doing away with freezers as they stock up on fresh foods - and requesting ice-makers that can cost nearly $4,000 instead
Freezers are falling out of favor among the wealthy, who prefer fresh meals over frozen food, The N…
Avery Hartmans
3 mins read
New York elites are snatching up luxury real estate using a method that's against many realtors' code of ethics
Off-market listings are frowned upon by the largest realtor's association and they're a legal grey …
Alcynna Lloyd,Hillary Hoffower
3 mins read
A capital-gains-tax hike probably won't affect the stock market, experts say, but wealthy Americans are reportedly scrambling anyway
Only 0.3% of filers would be hit by an increase in the capital-gains-tax rate, the White House said.
Juliana Kaplan
3 mins read
It takes the typical self-made millionaire at least 32 years to get rich
We obsess over stories about lottery winners - and the lottery people know it. California's lottery…
Thomas C. Corley
1 min read
21 US Cities That Are Dominated By Rich People
The report, which is based on data from the American Community Survey (2007-2011), zeroed in on not…
Megan Durisin
1 min read
Here's the salary you need to be in the top 5% of earners in 21 major US cities
That's according to The New York Times' interactive tool that allows you to enter your household in…
Kathleen Elkins
3 mins read
These are the wealthiest US states, according to a new report and a wealth tax on the country's richest would raise $415 billion
There might be billions of dollars of untaxed wealth in your state — and it's one reason why …
Juliana Kaplan,Madison Hoff
3 mins read
Republicans made a tiny change to the tax plan that will give a huge boost to the ultra-wealthy
The bill, called the Tax Cuts and Jobs Act, is currently in a conference committee to reconcile dis…
Elena Holodny
1 min read
A study finds rich people have stopped taking Ubers and hiring nannies during the pandemic, causing the biggest hit to employment
The biggest employment drop during the pandemic has come for low-wage workers in rich neighborhoods…
Allana Akhtar
2 mins read
Trump's stock market braggadocio neglects a key constituency that helped elect him
So before the president goes around bragging about the market, he should remember his audience. It …
Pedro Nicolaci da Costa
2 mins read
Wealthy millennials could be the key to driving America's post-pandemic economic boom
Higher-income millennials plan to spend the most post-pandemic, a McKinsey report found. That's goo…
Hillary Hoffower
4 mins read
Democrats are trying to sneak in a massive and unnecessary tax cut for the rich as part of their Build Back Better plan. It's absurd.
Congress should reject proposals to repeal or increase the state and local tax deductions cap, a ta…
Gary Haglund
2 mins read
Some wealthy homeowners — like Martha Stewart — are quarantining with their staff and paying a premium for live-in service
From riding out the pandemic in vacation homes with their staff to having supplies and mail deliver…
Hillary Hoffower
3 mins read
Tech moguls like Jeff Bezos and Mark Zuckerberg would lose billions under Elizabeth Warren's tax plan
The study, co-authored by University of California economics professors Emmanuel Saez and Gabriel Z…
Ben Gilbert
1 min read
Here is everything the richest people in London spend their money on
From how much they spend on properties, to their annual budget on personal grooming and cosmetic su…
Lianna Brinded
2 mins read
Discount sites like Amazon are popular among high-income earners - here's what this means for online retailers
In a new report from BI Intelligence, we look at the habits of online shoppers across all incomes a…
Cooper Smith
6 mins read
Here's what Trump's tax plan means for people making between $300,000 and $10 million a year
It's noteworthy that even just from the changes to the tax brackets and the eliminations of deducti…
Elena Holodny
2 mins read
The richest 1% now own a staggering portion of the world's wealth
In most countries, including the United States, a large wealth gap translates into those at the top…