The 2020 presidential contender, Sen. Bernie Sanders admitted that he is a millionaire thanks to his best-selling book, ‘Our Revolution: A Future to Believe In.’ After his statement at the community meeting in Gary, Indiana, many criticized him for not...
During the Welsh Labor Conference, labor leader Jeremy Corbyn says that the true reason for social division is the gap between the wealthy and the poor instead of Brexit votes, BBC reports. According to him, society is actually divided...
Lori Loughlin, one of the most famous names of parents to be included in the college admissions scandal, has been indicted for money laundering. Together with the actress, her husband, designer Mossimo Giannulli, was also charged for money laundering...
Bloomberg reports that a whopping portion of wealth generated from liquor is overseen by dynasties controlling booze businesses. Some of the most prominent names in the industry include Saji and Torii, Bacardi and Ricard. These families have been raking...
In light of the recently passed The Civil Asset Recovery and management and Unexplained Wealth Bill, the Trinidad and Tobago Chamber of Industry and Commerce released an announcement expressing its support of the legislation. According to TV6, the Chamber...
After the split of Amazon’s founder and CEO Jeff Bezos and his wife MacKenzie, the richest man in the world gets to keep 75% of the couple’s stock in the company. In an article published by Bloomberg, MacKenzie Bezos happily gives...
Jeffree Star, cosmetics mogul and YouTube star, reportedly lost $2.5 million worth of makeup in a burglary last April 1, 2019. Following this turn of events, Star worked with the Federal Bureau of Investigation to help track down the...
In an attempt to attract prospective buyers for a Mark Rothko piece worth $50 million, Sotheby’s chose to exhibit the painting in one of Asia’s richest cities, Taipei. According to Bloomberg, the auction house favoured Taiwan’s capital instead of...
Known for their fortunes racked up from drug companies, the Sackler family is now focusing on worldwide profits after a previous lawsuit resurfaces, Bloomberg reports. The lawsuit was filed in New York, intending to uncover the whereabouts of the...
With the turbulent economic status of the United States, many individuals fear the threat of a US recession. According to The Economic Times, the country’s 10-year bond yield dropped significantly, going under the 3-month bond yield. This means that...

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