Wealth

The sketches were featured in A.A. Milne’s famed series of children’s books chronicling the adventures of Winnie the Pooh and have not been seen in more than half a century. The most noteworthy of which includes a 1926 sketch of the original map of the fictional “Hundred Acre Wood” mentioned in the books, which is
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Source: Sotheby’s International Realty | YouTube The childhood home of Jacqueline Kennedy Onassis in McLean, Virginia. The government Saudi Arabia just bought the sprawling Virginia estate that was once the childhood home of Jacqueline Kennedy Onassis. The purchase price: $43 million, according to a report in the Wall Street Journal. The estate, called Merrywood, in
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Connecticut has passed a law that allows owners of pass-through businesses the ability to avoid the higher taxes with a special tax-credit scheme. All of these special laws are aimed squarely at helping the wealthy. It’s chiefly the high earners and affluent who suffer from the SALT deduction cap of $10,000. According to one analysis,
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Women are making great strides in education, pay and promotions. But there is one economic arena where women are slipping further behind men: billionaires. Women make up only 11.7 percent of the world’s billionaires, according to a study by Wealth-X, the wealth research firm. That’s down from 11.9 percent in 2015. The number of self-made
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DAVID LEE ROTH, THE former singer for the band Van Halen, once acknowledged that money can’t buy happiness. “But it can buy you a yacht big enough to pull up right alongside it,” he added. That pretty much sums up the conundrum. Is there some point at which the separate scales of income and happiness
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Although more and more Americans approaching retirement are opting to age in place where they are, it’s no secret that many other retirees, in classic style, look to relocate once they’ve left their careers behind. “Some seek a lower cost of living, while others want beautiful scenery, warm weather or both,” said financial technology company
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A 1917 painting by Amedeo Modigliani of a reclining nude woman that was once considered obscene in Paris sold for over $157 million at an auction in Manhattan on Monday. “Nu couche (sur le cote gauche)” was the highlight of Sotheby’s “Impressionist & Modern Art” sale featuring Pablo Picasso works spanning seven decades, and paintings
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A woman makes about 80 cents for every dollar a man does nationwide, but that shortfall can vary widely depending on where you live. A new report by GOBankingRates determined pay gaps between men and women across each state by analyzing data from the Census Bureau’s 2016 American Community Survey. The study compared overall pay
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Russian tycoon Oleg Deripaska has handed back three private jets he was leasing because U.S. sanctions imposed on him last month make it impossible to keep using the planes, the firm retained by the owners to sell the aircraft said on Thursday. The aircraft are Gulfstream executive jets, favoured by jet-setting business people for their
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He added, “This Rolls-Royce is probably the most anticipated car in our history but also maybe this year in the automotive industry.” The first thing to know about the Cullinan is that it is big. Really big. It stands six feet off the ground, weighs in at more than 5,800 pounds and packs Rolls-Royce’s 6.75
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The Picasso, called “Young Girl with a Flower Basket,” was the star of the collection and was estimated to sell for $100 million or more. It was painted in 1905 and is from Pablo Picasso’s rare and vivid Rose Period. Collectors have coveted the painting, which hung in David Rockefeller’s Manhattan townhouse, for decades. It
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If you have people in your family that habitually spend money to make themselves “feel good” and are not responsible stewards of money, then you might include other language in your legal documents that would incentivize the kids to grow and remain responsible. Use trusts to protect your assets from creditors, litigation, divorce and from
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