wealth

Politics

Wealth divide will steepen as climate change spikes insurance costs, report finds

Climbing temperatures are sharpening economic divides in American communities, a new report has found. Rising insurance rates are increasingly making broad swaths…

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Elon Musk gave the cold shoulder to Norway’s $1.4 trillion sovereign wealth CEO Nicolai Tangen after the fund snubbed the Tesla CEO’s pay package—twice

Tesla CEO Elon Musk declined to dine with Nicolai Tangen, the head of Norway’s Norges Bank Investment Management, which manages…

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Elon Musk clashes with Norway wealth fund CEO; ‘friends are as friends do’

OSLO (Reuters) – Tesla CEO Elon Musk has clashed with Nicolai Tangen, CEO of Norway's sovereign wealth fund, one of…

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Business

Wealth of US private capital chiefs boosted by $56bn

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox.…

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How to hold cash in 2025 to build wealth

The Federal Reserve announced an additional 25 basis point cut at its final meeting of 2024 and signaled it will…

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Politics

Millionaire boomers less likely to share their wealth: Study

Millionaires Millennials and Gen X are more than twice as likely as baby boomers to prioritize sharing their wealth with…

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Business

illionaires who doubled wealth to $14 trillion plan to invest in three areas over the next year, according to a UBS report

It’s never a bad time to be a billionaire. But the last ten years have been especially good, according to…

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Science

‘Biodiversity is not a luxury’: Connection between wealth and ecosystem health

A new study suggests that a more complex understanding of how wealth and biodiversity are linked may help communities with…

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Business

Blackstone targets new European markets in global wealth push By Reuters

By Iain Withers LONDON (Reuters) – Blackstone (NYSE:)'s private wealth business plans to enter at least two new European markets…

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Business

DJT stock crash erases $2.4 billion from Donald Trump’s wealth

The recent collapse in shares of Trump Media and Technology Group, the parent company of Truth Social, has ravaged Donald…

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