Bang Si-Hyuk is known as the mastermind behind K-pop sensation BTS, since he brought the boy band together in 2013. On Monday, his company, artist management firm Big Hit Entertainment, set its IPO share price at 135,000 South Korean won, which is approximately $115 per piece, valuing the company at over $4.1 billion.  That means Bang, its

Nathan Clarke went from working a minimum wage job to having a net worth of $100,000 in less than 10 years. One way he saves money is by buying used cars — and always paying for them in cash. In the nine years since he turned 18, he has bought three used cars, two of

Everyone knows that buying a house is a long and stressful process — and that was the case long before “Covid-19” or “social distancing” became part of our everyday vocabulary. When I began the search for my first home in December 2019, I underestimated just how long finding the right place would take. I’d done

Lawmakers in nine states are proposing higher taxes on the wealthy to help fill growing budget holes from the coronavirus pandemic, and the list is likely to grow, according to a legislative group. After New Jersey passed its “millionaire’s tax” — raising the income tax rate for those making $1 million or more — legislators

So you’re thinking about doing a major home renovation. You’ve been stuck indoors since the pandemic — and you plan to be for a while longer. So why not put some money into making it look nicer? If you’ve never remodeled your home before, getting through the process can be a complete nightmare. I’ve been through

Queen Elizabeth II departs in her Bentley car after attending Sunday service at the Church of St Mary Magdalene on the Sandringham estate on January 12, 2020 in King’s Lynn, England. Max Mumby/Indigo The British royal family is facing a £35 million ($44.5 million) hit to its finances as a result of the coronavirus pandemic.

After closing its borders six months ago, South Africa is scheduled to reopen to international travelers on Oct. 1.  Kruger National Park and the country’s winery-laden Western Cape — which includes the capital city of Cape Town and its most famous natural wonder, Table Mountain — will likely dominate travelers’ itineraries. But there are other parts of

Spotify CEO Daniel Ek Toru Yamanaka | AFP/Getty Images LONDON — Spotify CEO Daniel Ek announced Thursday that he will commit 1 billion euros ($1.2 billion) of his own resources to invest in European start-ups. Speaking at a virtual talk hosted by start-up event organizer Slush, Ek said he would use the funds to make

Different generations, no matter how old or young, are all very different, and that’s part of life’s excitement. But the core teachings about success remain largely the same. I have two sons, a daughter and several grandchildren. And I don’t plan to retire anytime soon. In fact, I’m still running the same billion-dollar money management firm I’ve

With around 13 million Americans unemployed and thousands of businesses permanently closed across the U.S., experts warn that more stimulus will be needed for economic recovery amid the ongoing pandemic. However, Congress is at an impasse, and it looks unlikely that a deal on another stimulus package will happen any time soon. But “we need it as much now as we did back

Ryan Reynolds Jason LaVeris | FilmMagic “Deadpool” star Ryan Reynolds and “It’s Always Sunny in Philadelphia” actor Rob McElhenney are in talks to buy Welsh soccer club Wrexham A.F.C.  Wrexham, which is owned by fans and is the third-oldest professional soccer club in the world, announced Wednesday that the two actors were interested in investing. 

Zhong Shanshan, the chairman of Nongfu Spring Company, attends the Nongfu Spring new product launch conference on February 1, 2015 in Baishan, Jilin Province of China. Jiang Xin | VCG | Getty Images BEIJING — Steady gains in the public offerings of two Chinese stocks this year have vaulted their controlling stakeholder to the top of

From working with Will Smith and Kevin Hart, to hosting thousands of events across the globe, Xiaoyin Qu’s schedule has been packed lately. In May, the 27-year-old Stanford dropout added the A-list entertainers to a string of big names eager to back her virtual events start-up with $10.8 million, as investors sought to ride the rising

SINGAPORE — J.P. Morgan Chase’s Chief Executive Jamie Dimon said he’s not against higher taxes on the rich, but a wealth tax is not the way to do it. “A wealth tax is almost impossible to do,” he told CNBC-TV18 at the J.P. Morgan India summit on Tuesday when he was asked whether he’s in

Finding a career that you’re passionate about is “the best thing that can happen to you,” entrepreneur Kevin O’Leary tells CNBC Make It. That way, “the hours that you’re working don’t seem like work at all,” O’Leary, an investor on ABC’s “Shark Tank” and chairman of O’Shares ETFs, says. “That’s the magic of finding the right

Earlier this year, social distancing and the cataclysmic drop in demand for air travel was expected to bring a sharp rise in airfare prices. Flying was going to get expensive — a lot more expensive, according to some. Commercial aviation, the conventional wisdom said, would return to its 1950s roots as a luxury available only

There have been almost 200,000 deaths in the United States due to the coronavirus pandemic. And now, wildfires raging across the Western seaboard have killed dozens, burned over 3.6 million acres of land and over 6,400 structures. Residents have been cooped up inside to avoid polluted air. This is a crisis that even the titans of technology and innovation say

It’s getting more expensive to buy a house in the United States. The median home value in the country spiked more than 4% in the past year despite the coronavirus pandemic: It’s now at nearly $248,900. If you’re in the market for a house, you could find a much more affordable place than that. It

Democratic U.S. presidential nominee and former Vice President Joe Biden delivers remarks regarding the Supreme Court at the National Constitution Center in Philadelphia, Pennsylvania, U.S., September 20, 2020. Mark Makela | Reuters Democratic presidential nominee Joe Biden’s plan to increase the capital gains tax could lead to a large-scale sell-off of stocks, according to economic

The RealReal exterior Soruce: CNBC No matter what it’s called — resale, re-commerce, luxury consignment or pre-loved — the market for secondhand fashion was booming before the Covid-19 pandemic upended the lives, and financial security, of millions of people. All those clothes in your closet? The ones you haven’t worn in years, but just can’t

Microsoft co-founder Bill Gates has had the opportunity to meet and work alongside major tech giants, including late Apple co-founder, Steve Jobs. In an interview with Bloomberg, Gates was asked whether his contemporary Elon Musk could be considered the “next Steve Jobs,” due to the advancements his companies Tesla and SpaceX have made in electric

Growing up as a gay kid in India, I always dreamed of living in the United States. The only problem was that no one in my family had ever ventured abroad, and my only exposure to the country was watching a few sitcoms. So coming to the U.S. with only $1,000 at the age of

The New York Stock Exchange. Andrew Burton | Getty Images The financial markets are rising and the economy is falling. What is with this disconnect between the two? Many investors may be asking themselves if this is all a cause for concern. So, what’s an investor to do? To begin with, the financial markets were

The head of the World Food Programme (WFP) David Beasley attends a press conference about an updated aid appeal for South Sudan on May 15, 2017 at the United Nations Office in Geneva. FABRICE COFFRINI/AFP via Getty Images The UN’s top food official has urged billionaires and businesses to help save 30 million people around

Always wanted to live abroad? Now may be your best chance. More countries are inviting travelers to trade their home offices for the opportunity to live and work abroad during the pandemic. Stanford University economist Nicholas Bloom estimates 42% of the U.S. labor force is now working from home full time. And workers may not

With America’s large wealth gap and the United States government’s need for revenue, new taxes need to be implemented to raise more money from the rich — and the way to do that is with a wealth tax, economists Joseph E. Stiglitz and Thomas Piketty said Thursday. “Where we are today in the 21st century,