The world’s largest wealth fund from Norway announced last March 8 that they will discontinue investments in oil and gas firms due to environmental concerns and diversifying assets. The $1 trillion worth of assets in the Government Pension Fund Global...
The year 2018 seems to be a good one for the United States’ 0.1% as it was the year the number of households earning millions has increased, Bloomberg says. In fact, millionaire households have even gone beyond the number...
Following the allegations regarding the recent college admissions bribery scandal, Hercules CEO and founder, Manuel Henriquez, was charged with his involvement in the college admissions scam. After the public exposure, Forbes reports that Henriquez voluntarily resigned and stepped down...
Federal prosecutors charged nearly 50 people who belong to wealthy families in a $25-million cheating scheme that helps their children to gain admission to the nation's top colleges. The list of high-profile people includes Hollywood celebrities Felicity Huffman who starred...
Forbes recently named Kylie Jenner the youngest self-made billionaire at age 21. Based on the article released by the business magazine, the youngest in the Kardashian-Jenner clan surpassed Mark Zuckerberg, the creator and founder of Facebook. Kylie Cosmetics The defining moment...
The 2020 Presidential elections are around the corner and with new statistics showing that the wealth gap in America is back at the roaring twenties, experts claim that this should be addressed once again. New research by University of California...
Most millennial women defer their investment and financial planning to partners, a UBS Group survey revealed. The yearly study found that 59% of women aged 20 to 34 let their spouses decide on their money and wealth matters. The figure...
This year seems to be a good one for Indian billionaire Mukesh Ambani as he jumped to the 13th spot in Forbes’ Billionaires list, according to Business Today India. This is a huge leap from the 19th spot in...
The wealth gap level in the U.S. is close to that of the Roaring Twenties, the decade preceding the Great Depression, according to some economists who studied a statistic. According to a paper published by Gabriel Zucman, an economics professor...
Donald Trump’s former personal lawyer Michael Cohen testified that the president ‘inflated’ his wealth way back 2013, The New York Times reports. According to Cohen, Trump sought to acquire a loan from Deutsche Bank to buy the NFL team,...

RECENT POSTS