Investors with at least $1 million in a brokerage account are bearish on the economy and market, according to an E-Trade survey. » Read More
The presidency of Donald Trump has indirectly helped the real estate market in South Florida, says the Miami property magnate. » Read More |
By: Robert Frank
The so-called wealth effect — the theory that personal spending follows stocks — has become stronger in recent years as equity holdings have tripled as a share of disposable income. » Read More |
Four years after taking the industry by storm with a promise to become the Uber of private jets, JetSmarter has left a trail of angry customers, at least 13 lawsuits and concerns over security. While some are satisfied, others call it a "fraud." » Read More |
Before he boarded a JetSmarter flight in Las Vegas in September, Maurice Paola was a little-known DJ and music producer. Now, he's a symbol of private jet air rage and screening procedures at the flying service start-up.
Bezos announced in a tweet Wednesday that he and his wife of 25 years, MacKenzie, have "decided to divorce." His tweet suggested that it will be an amicable parting, saying "we remain a family and we remain cherished friends.
The number of home sales in Manhattan fell 14 percent in 2018, the steepest drop since 2009, according to new data. In the fourth quarter, the median price for an apartment in New York City fell below $1 million for the first time in three years.
As the Dow tanks and tech stocks enter a bear market, there is no end to panicky headlines about the stampede to cash and bonds. The truth is that wealthy investors have been in fixed income and cash since well before the recent volatility started.
Despite widespread fears that the new tax changes will hurt charitable giving, millionaires plan to give the same or more than last year, according to a new survey.
LinkedIn Co-Founder Reid Hoffman says playing certain board games as a child helped him to develop strategizing abilities key to his career as a billionaire businessman.
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