You have more in common with the 7-figure club than you think.

President Donald Trump‘s proposed millionaire tax, which aims to increase the tax rate on income over $2.5 million, is being seen as largely symbolic and unlikely to significantly impact revenue or inequality by experts. What Happened: Howard Gleckman, from the Urban-Brookings Tax Policy Center, stated that the proposed tax change would not significantly affect revenue or inequality, reported Fortune. The tax hike, which would increase the rate from 37% to 39.6% on income over $2.5 million, is

Did you ever think Grant Cardone, the real estate and business magnate, would show off his abs in the middle of an interview? That's exactly what happened in a recent TikTok video where he explained how it's easier than people think to become a millionaire. "You have a better chance of being a millionaire in America than having abs," he proclaimed. He proceeded to state that there are seven times more people who are millionaires than who have visible abs. Whether you want to be a millionaire,

Brooks & Dunn found out they became millionaires just seconds apart.

How to keep money flowing in — no matter what life throws at you

The French government is taking decisive action to protect its high-net-worth crypto holders after yesterday’s shocking kidnapping attempt on the Paymium co-founder Pierre Noizat’s daughter in Paris.

Portugal is drawing in high-net-worth individuals (HNWIs) from Ireland (and elsewhere), with its alluring combination of luxury properties, laidback lifestyle, superb gastronomy, incredible natural landscapes and year-round sunshine.

The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.

A European city is benefiting from an exodus caused by Rachel Reeves changes to UK tax laws, potentially putting thousands of jobs at risk.

Whether you’re investing or hiring, looking for someone you like is a bad strategy. Aug 5, 2024 Kevin O’Leary.. What if jerks are the ones who get things done? That’s how Shark Tank‘s Kevin O’Leary and Kickstarter CEO Everette Taylor began their recent conversation on LinkedIn–saying they do not look for likeability when investing or hiring. Kevin O’Leary said, with Taylor nodding in agreement: “In the early years and looking at the outcomes, I would always try and work with or invest in men and

The talent crunch is not just owed to a lack of qualified candidates — it's also selectivity on the part of family offices.

The Secret Life of Indonesia's Richest Family & How They Made it...

Once considered secondary, these talents have become essential to long-term success for job candidates

An aging population and an inadequate supply of senior care accommodations create opportunities to invest in long-term care facilities

Uncertainty and wild market swings are the new normal thanks to President Donald Trump’s global trade war. Philip Marion, Managing Director and Portfolio Manager at Foster & Associates, makes the case for alternatives as a way to de-risk and future-proof a portfolio.

Some market observers say a return to deal-making will take the sand out of PE’s gears despite market volatility, although family offices still offer needed capital

Rapidly growing interest in alternative investments is improving access to good managers and spreading risk

High earners shoulder a heavier tax burden as anti-avoidance rules proliferate

Increasing taxes on high income earners helped raise revenue without hampering the wealth of the millionaire class in Massachusetts and Washington, according to a new policy brief from the Institute for Policy Studies and State Revenue Alliance.

The largest city in Texas is also its top spot for millionaires, according to an annual ranking of the world's wealthiest cities. There are 81,800 millionaires living in Houston, according to an annual report from Henley & Partners, a London-based investment migration consultancy, and New World Wealth, a global wealth intelligence firm headquartered in South Africa. That ranks Houston as the No. 17 city in the world for millionaires, just above Dubai, in the United Arab Emirates, which is home

Forget charts and tokenomics for a second – crypto billionaires are rewriting the playbook on how wealth gets spent. One launched a $55 million SpaceX mission over the poles. Another made headlines by purchasing the Eurovision trophy at an auction supporting Ukraine.

‘I think we’re starting to feel the pressure,’ says one tax adviser

What do wigs, roller skates, and "E.T." shoelaces have to do with a $9.4 billion sneaker empire? Meet the Greenbergs — a former hairdresser and his kids — who just sold Skechers for $9.4 billion and are walking away with $1.1 billion.