Wealth

The internet Musk believed the internet, nascent in the ’90s, would “fundamentally change humanity,” he said on the podcast. “I would not regard this as a profound insight but rather an obvious one,” Musk said. He compared the internet to the human nervous system: “If you didn’t have a nervous system, you wouldn’t know what’s
0 Comments
From self-guided fall foliage tours to weekends at the lake, booking a secluded cabin is an easy way to avoid crowds this autumn.  Cabins today come in every incarnation imaginable, from traditional log designs to modern wonders, and in sizes ranging from palatial estates to one-room shacks located smack in the middle of a pond. 
0 Comments
The EU on Tuesday released its much-anticipated list of countries whose residents will be permitted to travel into the region starting tomorrow. Who’s in? Residents of Algeria, Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia and Uruguay. If China reopens its borders to EU residents, it will also be
0 Comments
From January through May, 10.9% of the global population of 2,825 billionaires made confirmed monetary donations to Covid-19 pandemic-related causes, according to a report published Tuesday by Wealth-X, a market research firm covering the world’s wealthiest people.  Other billionaires could have given money through a third party or anonymously, a Wealth-X spokesperson tells CNBC Make It,
0 Comments
It’s impossible to think about racial injustice in the U.S. without looking at the distribution of dollars.  In many ways that Americans work to establish themselves financially — through the stock market,  net worth and homeownership — Black families trail White families. “To put it simply, we don’t have a level playing field,” said Evelyn Brodkin, an associate professor
0 Comments
Gary Vaynerchuk wishes young people would stop aspiring to make millions of dollars. The 44-year-old self-made multimillionaire entrepreneur and CEO of VaynerMedia says he’s seen that chasing millions makes people unhappy in life.  “If you’re under 25, you think you have to make a million dollars a year to even be in the game,” Vaynerchuk tells
0 Comments
There were 2,825 billionaires in the world in 2019, up 8.5% from 2,604 billionaires in 2018, according to market research firm Wealth-X. That’s the most billionaires there have been since Wealth-X began tracking the numbers in 2010. And the billionaires’ combined net worth was $9.4 trillion last year, up from $8.6 trillion in 2018.  Why did
0 Comments
There were more new billionaires created in Asia last year than in any other region, according to data firm Wealth-X’s Billionaire Census 2020. The region’s wealthy recovered from market fluctuations that battered their finances in 2018 to record an uptick in billionaire population and overall wealth in 2019. Asia’s total billionaire population grew 12% over the year
0 Comments
The state of the Covid-19 pandemic on both a global and national scale, is “more bleak than I would have expected,” Bill Gates said on CNN’s “Coronavirus Town Hall” Thursday. “Because our behavior and our contact-tracing is not working well [in the U.S.], we continue to have very large case spread. And it is embarrassing,”
0 Comments
Everybody has an opinion on Tesla CEO Elon Musk. Some, like Charlie Munger, don’t agree with his methods, but others are fans of his brash entrepreneurial spirit. Count fellow billionaire Mark Cuban in the latter category. “I like Elon Musk,” Cuban told The New York Post in a story that published on Saturday. “He can be full of himself
0 Comments
Biologist Beth Cameron spent nearly two decades preparing for a biological threat like Covid-19. Most notably, in 2014, Cameron, then the Obama Administration’s director of countering biological threats, helped create a “pandemic playbook” to guide the White House in handling a pandemic. They knew one was eventually coming. “[W]e starting working on the playbook following the
0 Comments
“It’s been a whirlwind, to say the least,” says Rosemary Ketchum. Ketchum, 26, became the first openly transgender elected official in West Virginia when she won a city council seat in Wheeling on June 9. She is now one of 27 out trans elected officials in America, according to the LGBTQ Victory Fund.  Ketchum’s may seem an unlikely
0 Comments
We need to get better at talking with, listening to and learning from each other, says Malcolm Gladwell, host of the popular podcast “Revisionist History.” “You can’t read somebody and make sense of someone in 10 seconds. Don’t even try,” says Gladwell, whose September book, “Talking to Strangers,” analyzes the inadequacies in people’s capacity to do so. “The
0 Comments
In order to adjust to shelter-in-place guidelines and lower your risk of contracting Covid-19, you might have changed your spending habits to make your quarantine life more functional and enjoyable, like maybe cutting out gym memberships but investing in online fitness classes and better Wi-Fi for your home office.  Now, as states start opening back up, it might
0 Comments