#Wealth #Investments #TechIndustry
www.businessinsider.com
Musk, Zuckerberg, and other tech bosses took a combined $26 billion wealth hit from AI stock slump
Walmart heirs Jim, Rob, and Alice Walton are this year's biggest wealth gainers after Musk.
Elon Musk, Mark Zuckerberg, Jeff Bezos, Jensen Huang, and Michael Dell saw a combined $26 billion wiped off their net worths in one day, the Bloomberg Billionaires Index shows.
#RetirementSavings #FinancialPlanning #WealthManagement
nypost.com
The average American worker has just $955 in retirement savings, new...
A new study finds that the median American worker has just $955 saved for retirement through a defined contribution plan like a 401(k) account, with most falling well short of recommended retirement savings targets for their ages.
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#PersonalSecurity #LuxuryRealEstate #WealthManagement
www.wsj.com
The Mega-Rich Are Turning Their Mansions Into Impenetrable Fortresses
In an era of high-profile violence -- including the suspected abduction of Savannah Guthrie's mother from her Arizona home just over a week ago -- the wealthy are investing heavily in their personal security, particularly when it comes to their homes.
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#WealthManagement #TaxStrategies #UltraHighNetWorth
www.wsj.com
Inside a $5 Billion Fortune: One Family's Ledger in the Epstein Files
The documents date to 2014 and 2015, so Black's finances are different today. But the disclosures offer an exceptionally granular look at the strategies used by many of the ultrarich to build wealth and minimize their tax bills.
#ArtificialIntelligence #WealthManagement #FinancialMarket
uk.finance.yahoo.com
Wealth Manager Stocks Sink as Investors Flee AI's Next Casualty
(Bloomberg) -- An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice.
#WealthTax #CaliforniaPolitics #BillionaireTax
nypost.com
Exclusive | Stunning number of California voters back wealth tax but admit it...
A staggering 60% of California voters back the billionaire wealth tax proposal even though they admit it will spark businesses to flee the state and kill jobs, a new poll found.
#EpsteinEstate #TrustAgreement #WealthDistribution
abcnews.go.com
How Epstein planned to dole out his millions, new documents show
The late sex offender's trust agreement has never before been made public.
Jeffrey Epstein planned to distribute his considerable wealth among an array of friends, family, employees and associates upon his death, according to the files the Justice Department released Friday.
#JeffreyEpstein #EstatePlanning #Wealth_distribution
www.yahoo.com
How Epstein planned to dole out his millions, new documents show
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Jeffrey Epstein planned to distribute his considerable wealth among an array of friends, family, employees and associates upon his death, according to the files the Justice Department released Friday.
#ClimateChange #Sustainability #WealthInequality
www.yahoo.com
Government officials and business execs slammed over concerning behavior ahead of World Economic Forum: 'It's pure hypocrisy'
Oxfam has warned that the wealthiest 1% of people, who often use private jets, are responsible for a disproportionate amount of harmful carbon pollution that contributes to climate change and excess deaths due to heat.
#BabyBoomers #WealthTransfer #RetirementPlanning
www.newsweek.com
Boomers at 80: Why the "great wealth transfer" may never come
As America's first baby boomers begin turning 80, a generation that rode decades of economic good fortune is entering a new, more uncertain chapter -- one that will shape not just their own retirements, but the future of wealth, housing and opportunity for everyone who follows.
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#CaliforniaTax #WealthInequality #PoliticalDebate
www.bloomberg.com
Can Newsom Stop California's Billionaire Tax?
The proposed tax, which would impose a tax of up to 5% on California residents with assets valued at more than $1 billion, is still just a proposal and has not yet been put to voters, but it has already sparked opposition from some billionaires and tech executives.