Wednesday, September 23, 2020
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,...
Warren Buffett, the third richest person according to Forbes, agreed that the ultra-rich like him should be taxed more. The legendary investor said that the wealthy are undertaxed compared to the general population. The Berkshire Hathaway chair has a history...
In an effort to have the ‘one-company’ brand, the Bank of America is dropping the Merrill Lynch brand for its investment banking and will now be called ‘Merrill’. On Monday, the bank released the statement that its CEO Brian Moynihan...
Just this January, Amazon outperformed Microsoft as the most valuable company consequently giving its founder, Jeffrey Bezos, the title of the richest man in the world. With Bloomberg reporting a whopping market capitalization of $797 billion and a net...
A significant increase of the wealth median of €6,000 to €28,300 was recorded last year, with Dutch households getting income from the substantial increase of the housing market. According to the Statistics Netherlands, the number of house sales recorded in...
Atherton, California, home to some of the billionaires in the tech industry, remains America’s most affluent community for three straight years, according to a Bloomberg report. This town in Silicon Valley where Google Executive Chair Eric Schmidt and Facebook Chief...

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