Australia is on the cusp of an unprecedented intergenerational wealth transfer, with an estimated $3.5 trillion expected to pass from Baby Boomers to younger generations over the next two decades ...

Financial strategist Michael Hartnett believes U.S. exceptionalism is peaking due to high government spending, immigration ...

Q4 2024 Management View Jim Cracchiolo, Chairman and CEO, highlighted that Ameriprise delivered a "strong fourth quarter" ...

We adapted data collection of Round 8 of the Wealth and Assets Survey (WAS) because it took place during the coronavirus (COVID-19) pandemic; while this round offers valuable insight, data are more ...

As Trump was inaugurated, longtime Trump supporter Harold Hamm—known for fracking and considered “America’s richest oil man” with over $18.5 billion in wealth running Continental Resources ...

Baby boomers have seen their wealth grow five times more than millennials – yet they are failing to share the money with their children, a new report suggests. The median person in their late ...

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The event, held Monday, attracted four of the five richest men globally, their combined wealth representing nearly one-third of India’s GDP, which stands at $3.55 trillion (nominal GDP in 2024: $3.89 ...

DAVOS, Switzerland (AP) — Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world’s political and ...

The companies offer a range of established services, such as wealth management, along with emerging solutions in high demand, such as co-living spaces and artificial intelligence (AI). The list ...

Oxfam International’s report highlights how colonial wealth extraction, particularly from India, has laid the foundation for modern economic inequalities, including the dominance of unearned ...