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
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.
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.
Jeff Bezos once lost $185 million on a failed acquisition. But that "failure" introduced him to two Stanford students building a strange little search engine called Google. The into might be the smartest investment he ever made.
When Liam Payne died suddenly in October 2024, he left behind a young son, a grieving family—and a $40 million fortune with no will. Now, new court filings reveal who's been put in charge of th
Psycho is one of Alfred Hitchcock 's masterpieces. It came out in 1960 and terrified audiences. Many people haven't looked at a shower the same way since then. Hitchcock was 61 years old when he directed the psychological thriller. It was his 49th film. It rang in his fifth decade of making films and he hit it out of the park, not just with the commercial success of the film, but with the financial deal he worked out to direct it.
Here’s why Gates says he will give away 99 percent of his wealth in the next 20 years. May 11, 2025 Bill Gates. Bill Gates announced Thursday that he plans to give away about 99 percent of his wealth by 2045, doubling the pace of his philanthropy. The announcement comes at a time that Gates described as “an incredible emergency,” with DOGE abruptly cutting off funds for lifesaving work. But, Gates revealed, he has been thinking about speeding up his giving for the past few years to more quickly
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.
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