When Bill Gates co-founded Microsoft at age 20, he wasn't thinking about becoming a billionaire. Here's the one thing he single-mindedly focused on, instead.

NEW YORK (AP) — The billionaire Microsoft co-founder and phila

In a 2019 report generated by Wealth-X, colleges such as the University of Miami and the University of Michigan were shown to have generated some of the wealthiest college graduates around.

The folks who think “every billionaire is a policy failure” may need to update their progressive populist slogan. Elon Musk, currently worth about a quarter trillion dollars, is on track to hit the full trillion sometime in 2027. That’s according to a recent report from Informa Connect Academy.

Personal finance expert and millionaire Dave Ramsey has called out Social Security as a "failure" but still said he would accept payments from the ailing safety net program.

The world's super rich club saw a significant expansion over the past 10 years, with China leading the charge, a report by Henley & Partners showed.

Here's how Family Offices can provide patient capital, strategic partnerships and long-term growth opportunities for mission-driven entrepreneurs.

Cheryl Young, Rockefeller Global Family Office private wealth advisor, joins ‘Closing Bell’ to explain why she thinks a 25 bps cut is the right move for the Fed, how the markets could react to a cut, and more.

This week, a trial got under way to determine whether Rupert Murdoch can change a trust holding the family’s assets for his children. Murdoch wants to ensure that when he dies control of the trust passes to his oldest son, Lachlan. Three of his other children, James, Elisabeth and Prudence, oppose the change because they would stand to lose voting power. Amol Sharma reports.

Amazon is preparing to launch hundreds of small satellites into the sky next year

Oracle Chairman Larry Ellison is now the second-richest person in the world, with a net worth of $206 billion.

Kim Moody: The government imposes the Alternative Minimum Tax, but will later refund it, so what's the point?

Canada’s centi-millionaire numbers have soared by 42%, a new report shows

The number billionaires based in the United States has fallen slightly in recent months but their wealth keeps growing unabated.

Melinda French Gates discusses facing sexism during her philanthropic work with Bill Gates, noting assumptions about her expertise.

While some family offices mull opening a second location abroad, other wealthy families are scouting international locations to either establish new family offices or move their existing operations. A new white paper from Citi Private Bank offers a look at several trends that are affecting wealthy families’ decisions about where to locate.

Over one-quarter (28%) of family offices have multiple branches, according to a new survey from Deloitte Private. But, while nearly all family offices based in Europe and North America that set up second branches do so in the same region, those based in Asia Pacific were more likely to set up a secondary office abroad — in North America or Europe.

Family offices are increasingly outsourcing services to access specialized expertise, with 34% expecting to increase reliance on third-party providers this year. Janet Arzt, founder and managing partner of Parere Advisory, says that deciding what to outsource depends on balancing costs, control, and resources, as some services, like accounting, are better outsourced, while others, like investment decisions, may stay in-house.

Buffett's favorite stock is arguably also Bill Gates' favorite stock these days.

Buffett's unusual activity could be a warning sign for investors.

Bill Gates is preparing to become a grandfather again. In June, Jennifer Gates Nassar announced she was expecting her second child. The Microsoft cofounder said having grandchildren "does definitely mellow you a bit."

Microsoft cofounder Bill Gates knows he's the subject of many a conspiracy theory. He recently told CNET about an encounter he had with a woman who thinks he uses microchips to track people. Gates said he responded, "I really don't need to track you in particular."