Meg Whitman Getty Images The future is feelin’ female with fortunes of the country’s wealthiest self-made women soaring 31 percent to $118 billion in Forbes’ annual ranking. A record 26 of these 100 women are now billionaires, two-thirds of whom founded or co-founded innovative companies and 26 of whom are at the helm of their…
High school junior Jeremy Shook, 16, helped raise more than $1 million that will go toward treating … [+] children suffering from brain cancer. SHOOK Research America’s top financial advisors donated more than $1 million to St. Jude Children’s Hospital to help treat children afflicted with brain cancer. “It’s difficult to describe the pain and…
After flirting with a plan to tax billionaires on unrealized gains, Democrats have backed off and reverted to a surtax on rich Americans’ income that will barely impact The Forbes 400. Anti-billionaire sentiment and calls to close the wealth inequality gap led Democratic lawmakers earlier this week to float an ambitious plan to tax the…
getty Simply put: Women are better investors. While women generally invest less than men, when they do invest, they tend to do it more successfully. That’s why investing serves as a valuable vehicle in closing the gender wealth gap. As we inch closer to 2022, the gender pay gap does not seem to inch any…
getty Netflix NFLX has hit media headlines dozens of times in recent weeks, with each move the company makes seemingly contradicting the last. From (anti-) comical controversies to a dystopian horror, each decision has also played into the company’s share price, which has seen it catapult to new all-time highs. Let’s see what all this…
The richest newcomer in Forbes 400 history, Sam Bankman-Fried made the cover of this year’s issue. Forbes The world’s richest twentysomething just got a lot richer. Sam Bankman-Fried’s cryptocurrency exchange, FTX, announced Thursday that it’s raised another $421 million, pushing its valuation to $25 billion—adding billions of dollars to its 29-year-old cofounder and CEO’s already-historic…
getty Ever wonder how the wealthy stay wealthy? For one, they don’t just leave their money sitting around in some savings account. Here’s what they do with it instead… 1. They have a financial plan with milestone goals. First things first, people who sustain wealth are able to do so, often, because they put financial…
Spanx founder Sara Blakely is a billionaire once again, Forbes estimates, following a deal to sell the majority of her shapewear company. After her net worth dropped below $1 billion in 2020, a Blackstone deal announced Wednesday has made Spanx founder Sara Blakely a billionaire once again. Jamel Toppin/The Forbes Collection Private equity giant Blackstone…
Bitcoin topped $60,000 for the first time in six months on Friday, as markets grew confident that a … [+] bitcoin futures ETF would not be blocked by the SEC Getty Images If you want this weekly update in your inbox every Saturday, click here to become a subscriber. Also: Time To Take Advantage Of This Key Crypto Tax Loophole…
Days after his son Kendall’s explosive press conference left the media conglomerate Waystar Royco teetering on the brink, the Roy family patriarch opens up as he goes to war with his children, his shareholders and potentially the U.S. government. By Sergei Klebnikov, Giacomo Tognini and Lisette Voytko It’s been a tumultuous 48 hours for Logan…