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2 mins read

As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals

A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…

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5 mins read

From ALICEs to HENRYs, here's what people across the tax brackets discuss in therapy

Therapists shared what their clients talk about with Business Insider. While ALICEs struggle with t…

Serafina Kenny   


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2 mins read

Warren Buffett's death plan dodges taxes and will make his kids 'philanthropic titans,' says wealth inequality guru

Author Chuck Collins says vast fortunes are a red flag and explains why Warren Buffett's post-death…

Theron Mohamed   


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4 mins read

To feel middle class, you have to be wealthy

Middle-income Americans aren't middle-class; that's reserved for the rich now.

Juliana Kaplan   


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2 mins read

Warren Buffett once told Barack Obama the wealthy should pay more tax — and that his wealth is partly down to luck

Warren Buffett complained he shouldn't pay a lower tax rate than his secretary, called out wealth i…

Theron Mohamed   


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7 mins read

Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy

Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …

Juliana Kaplan   


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1 min read

We cannot properly tackle the climate crisis without addressing our socioeconomic inequalities first: experts

Limited wealth, political influence, access to public transport, and even free time — these factors…

Business Insider Latest Story Image
2 mins read

The rich are getting poorer

The rich are still very rich. But a Bloomberg report finds that they've lost about $1 trillion this…

Juliana Kaplan   


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2 mins read

Bill Gates thinks the super-wealthy should pay more tax – and plenty of rich people agree

Bill Gates told the World Economic Forum that countries, companies and individuals who have the mos…

Jyoti Mann   


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2 mins read

American billionaires added $1.62 trillion to their wealth over the last 13 months

"We're going to come out of the pandemic another degree of more unequal," Chuck Collins, director o…

Juliana Kaplan   


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3 mins read

America's wealthy are getting vaccinated faster than the poor, and a poorly designed system is partly to blame

The wealthy may be gaming the system, but vaccine and wealth inequality are alike, with lack of coo…

Hillary Hoffower   


Ayelet Sheffey   


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2 mins read

There's a wealth gap even between millionaires, and it says a lot about growing inequality

Those worth $15 million to $30 million comprise just 16% of very high net worth millionaires, but h…

Hillary Hoffower   


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4 mins read

Why are wealthy Indians, foreigners opening family offices in Singapore?

Singapore has seen tremendous growth as a wealth management centre in recent years. In the ten year…

ANI   


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2 mins read

Richer countries have most available vaccine doses as the global recovery becomes K-shaped

Vaccines have been unevenly distributed, according to Bloomberg. The wealthiest countries are vacci…

Hillary Hoffower   


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1 min read

As Americans overall grow more worried about inequality, those making $100,000 and up are surging in consumer confidence

Over three-quarters of Americans are concerned about inequality, a CivicScience survey finds, but c…

Juliana Kaplan   


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2 mins read

The US housing boom helped wealthy homeowners the most

Sales of homes worth over $1 million rose 245% in the last year but sales of less expensive homes f…

Ben Winck   


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3 mins read

The wealthy - not the Fed - are to blame for low interest rates and rising inequality, study says

Wealthy Americans' incomes surged the last 50 years. NBER researchers think this created a "vicious…

Ben Winck   


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5 mins read

The tools that rescued America's economy are mostly helping wealthy Americans

When the Fed implemented quantitative easing in March, it kicked off America's K-shaped recovery. T…

Hillary Hoffower   


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2 mins read

How the wealthy hanging onto their money actually makes everyone else poorer, according to a new study

When the wealthy sock away their vast earnings in savings, that money finances more debt for others…

Juliana Kaplan