There are so many things that the United States could do to improve the lives of middle-class Americans, and to increase the size of the middle class. Will we ever do any of these things?
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Oxfam says the fortunes of the five richest men have spiked by 114% in real terms since 2020.
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Elon Musk has reclaimed his position as the world’s wealthiest person. That’s according to a Bloomberg Billionaires tally. Here’s the latest.
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Elon Musk’s net worth was some $187.1 billion as of Monday after markets closed, according to Bloomberg, just topping the $185.3 billion fortune of Bernard Arnault. Here’s the latest.
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Bernard Arnault, the chairman of French luxury goods giant LVMH, has just become the first European to top Bloomberg’s list of the world’s richest people, relegating Elon Musk to second place.
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By Paul R. La Monica, CNN Business How crazy rich is Elon Musk? The Tesla and SpaceX CEO’s net worth is now about a stratospheric $300 billion, according to Forbes’ real time rankings of the world’s wealthiest people. That means the 50-year-old Musk has a more than a $100 billion lead over...
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The world’s richest man is reportedly buying a boat, though that word feels inappropriately sensible for the monstrosity going to Captain Bezos: a 417-foot superyacht that’s so massive it has its own “support yacht” with a helipad, Here are the details. Contain your envy.
Read MoreBillionaires have more wealth than ever before, according to an Oxfam International report published Monday. Since the global financial crisis a decade ago, the number of billionaires has nearly doubled.
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Donor-advised funds, or DAFs, allow wealthy individuals to give assets — usually cash and stock but also real estate, art and cryptocurrencies — to a sponsoring organization like the Silicon Valley Community Foundation, Fidelity Charitable or Vanguard Charitable. But while donors part ways with their money, they don’t give up control.
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