Latest in Wealthy Americans
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Record numbers of wealthy Americans are making plans to leave the U.S. after the election
Attorneys and advisors to family offices and high-net-worth families said they're seeing record demand from clients looking for second passports or long-term residencies abroad.Business - CNBC - November 1 -
89% of Americans say they do not consider themselves wealthy — here's what stands in the way
For many Americans, the definition of what it means to be well off is relatively modest. And yet, only one-tenth of Americans consider themselves wealthy today.Business - CNBC - 4 days ago -
Why it’s hard to box in the wealthy on tax
Budget measures and missed opportunities show difficulty of raising large sums from highly mobile executivesWorld - Financial Times - October 30 -
UK hits wealthy with raids on non-doms, private equity and estates
Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreignersBusiness - Financial Times - October 30 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Cop29 could change the financial climate for the world’s wealthy polluters
This week’s summit will focus on paying for the costs of global heating – and much more money is needed. About 50,000 government officials, policymakers, investors and campaigners will gather in ...World - The Guardian - November 10 -
Bridgewater’s Bob Prince buys $12mn home in wealthy Hong Kong enclave
Hong Kong Monetary Authority official calls for applause for executive’s purchase at finance conferenceWorld - Financial Times - 3 days ago -
How Morgan Stanley Stepped Up its Courtship of Near-IPO Employees as Wealthy Clients
The investment bank signed an agreement with Carta, a shareholder management company for startups, which estimates about 2,000 of its clients are at companies likely to go public.Business - Inc. - 4 days ago -
‘I know it’s awkward to give advice to wealthy people’: My wife, 50, has terminal cancer. Our estate is worth $18 million. How do we prepare?
“We have two children ages 19 and 21, with one starting law school and the younger planning on medical school.”Business - MarketWatch - November 7 -
Americans go to the polls
Plus, Fed and BoE rate-setting meetings, Hungary’s informal EU summit and the Berlin Wall anniversaryWorld - Financial Times - November 3 -
A guide to an American dynasty
Here's what you need to know about the Trump family.Top stories - BBC News - November 6 -
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The Great American Microchip Mobilization
Under Donald Trump and Joe Biden alike, the US has been determined to “reshore” chipmaking. Now money and colossal infrastructure are flowing to a vast Intel site in Ohio—just as the company may be ...Tech - Wired - November 14 -
Why Biden apologized to Native Americans
President Biden issued an apology to all Native Americans while speaking in Arizona about the forced federal Indian boarding schools where tens of thousands of Indigenous children were taken and ...Top stories - CBS News - October 25 -
2024 CFDA Fashion Awards: Red Carpet Looks and Winners
A new generation of designers is on the rise.Lifestyle - The New York Times - October 29 -
Americans overrun with political text messages
Cell phones across the country have been inundated with text messages about the election, particularly in the last few months. Jonquilyn Hill, host of Vox's "Explain it to Me" podcast, joined CBS ...Top stories - CBS News - October 30