Minecraft founder Markus Persson is the ultimate bachelor—35 years old, a billionaire, and newly single. And now he's got the ultimate bachelor pad.» Read More
A Texas pipeline tycoon who died two months ago may become the first American billionaire allowed to pass his fortune to his children and grandchildren tax-free. The NYT reports.
Mutual fund management companies receive handsome fees from people who often have no idea whether they are getting a good deal. For the most part, they're not, says the NYT.
Nine out of ten rich people are concerned they may not be able to get richer. Two out of three are “very” concerned. And over half are worried they may not be able to stay as rich as they are now.
An excerpt from Peter Buffett's new book, Life is What You Make It: Find Your Own Path to Fulfillment, in which he explains why he has no regrets about his decision years ago to sell his inheritance, Berkshire Hathaway stock that would be worth $72 million today.
Kentucky is the heart and soul of the nation’s thoroughbred industry, and when it hurts, so do farms across the country. The NYT reports.
Among debt collectors, Steven Katz is known as a “credit terrorist.” For years, he has run what he calls the Steven Katz School of Bill Collector Education, otherwise known as the “credit terrorist training camp.”
In the scramble to find anything to generate more revenue, states are considering new taxes on virtually everything: garbage pickup, dating services, bowling night, haircuts, even clowns, reports the New York Times.
In its annual ranking of the world's richest people, Forbes lists the 70 year old Slim as number one with a net worth of $53.5 billion after adding $18.5 billion over the last year to his wealth.
For the first time in a decade, Warren Buffett is not one of the two richest billionaires in the world, as ranked by Forbes magazine.
The annual Forbes billionaire face-off is back. And this year the billionaires are back, too. In 2009, a financial bloodbath slashed the assets of the world's wealthiest in half. In 2010? A revival.
When Forbes releases its annual ranking of the world's richest billionaires tomorrow (Wednesday), it appears likely Warren Buffett will once again come in behind his friend and online bridge partner, Bill Gates.
As retiring Baby Boomers flee to safer investments, some analysts fear there will be too many stocks and too few investors. But a lot depends on how much Boomers can really afford a conservative investing style as they try to recover from a lost decade for the stock market.
Get ready because it's "Twitter Oscars" season, the time of year when we all stop to recognize outstanding achievement in brevity.
The winter Olympics in Vancouver, Canada, are supposed to be a distraction from harsh economic realities and lift our spirits. Instead, it may itself be a victim of these brutal times.
It just goes to show you, not even the president is immune to the real-estate slump: The value of the White House is down more than $15 million in the past year, despite improvements the Obamas made such as a vegetable garden and fancy swing set.
Times Square was hit by a flash mob of "homeless" Uncle Sams today, who were there giving the Naked Cowboy a run for his money, asking passerbys if they could spare some change —$12 trillion, to be exact.
The gap between short- and long-term interest rates poses some tricky problems for savers, investors and home buyers this year, says the New York Times.
The Internet is loaded with turn-debt-into-wealth scams but here’s one that will actually make you money. Guaranteed.
Many investors missed out on a decent percentage of this year’s rebound, which is typical of investor behavior in sharp market turns, The New York Times reports.
Millions of Americans are paying a high price for a safe place to put their money: extremely low interest rates on savings accounts and certificates of deposit.
As an investor, do you actually know the difference between a fiduciary vs. suitability standard?
Year-end is a good time to review estate plans, particularly if you've had a change-in-life circumstance in 2014.
When it comes to liquid alternatives, research, moderation and patience are the keys to success with this asset class.