Latest in Welfare Rich Farm
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These ultra-rich college endowment funds have a lot to learn about investing
Endowment managers’ attraction to hedge funds, real estate and other alternative investments ends poorly.Business - MarketWatch - October 19 -
It Is ‘All About the Fish’ on Park Ave.
Avid and influential anglers turned out to honor Bob Rich Jr. at the Bonefish & Tarpon Trust’s annual gala in Manhattan.Lifestyle - The New York Times - October 19 -
5 Healthy, Nutrient-Rich Whole Grains and How to Cook Them
These five lesser-known options are nutritional powerhouses — and delicious, too.Top stories - The New York Times - October 17 -
Battle of the billionaires: the mega rich spending to swing the US election
A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential voteWorld - Financial Times - October 27 -
Trump Wants to Kill Biden’s Climate Law. It’s Making His Supporters Rich
Trump allies hold hundreds of millions in stakes in companies that benefitted from the Inflation Reduction Act, Biden’s signature climate law.Business - Inc. - October 27 -
ByteDance founder Zhang Yiming tops China's rich list
ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past yearWorld - ABC News - 6 days ago -
Diamond-rich Botswana’s ruling party loses power after 6 decades
Growing competition from synthetic stones hits southern African country’s economyWorld - Financial Times - 3 days ago -
China piles pressure on rich people and companies to cough up taxes
Authorities rush to find ways to fill government coffers depleted by property sector slumpBusiness - Financial Times - Yesterday -
Macron’s business policies made him ‘president of the rich’. Rachel Reeves, beware | Phillip Inman
The chancellor rightly wants to stimulate the economy by boosting growth. But she would be unwise to do it at the expense of the poorest. There is a danger that Labour will suffer the Macron effect ...World - The Guardian - October 19 -
The election will have a huge impact on your estate, even if you’re not rich yet. Why you need to act now.
No matter who wins, the clock is ticking to book a lawyer to create or update your plan.Business - MarketWatch - October 26 -
If you became rich, what luxuries would you want? For some, it’s all about new socks (seriously).
When asked what they would do with ‘FU money,’ people often choose relatively inexpensive thingsBusiness - MarketWatch - October 26