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Nearly $300 billion was inherited this year as the Great Wealth Transfer picks up speed, showering family members with immense windfalls. According to the latest UBS Billionaire Ambitions Report, 91 heirs inherited a record-high $297.8 billion in 2025, up 36% from a year ago despite fewer inheritors. “These heirs are proof of a multi-year wealth … Read more
Kevin Hassett, director of the National Economic Council and the current favorite to take over as Federal Reserve chairman, argued on Thursday President Donald Trump’s sweeping tariffs are playing a meaningful role in tackling America’s $38 trillion national debt. In conversation with billionaire David Rubenstein, the Carlyle cofounder, Hassett argued the first step to tackling … Read more
Musk says it’s because philanthropy is difficult. “I agree with love of humanity, and I think we should try to do things that help our fellow human beings,” he told Nikhil Kamath for the WTF podcast in an episode published Sunday. “But it’s very hard.” Musk, who is on the path to become a trillionaire … Read more
The much-hyped Great Wealth Transfer, in which as much as $124 trillion in baby-boomer wealth is predicted to move on to younger generations, has captivated Gen X, Millennials, and Gen Z. But Tim Gerend, CEO of financial planning giant Northwestern Mutual which has $366 billion in client assets, warns that the reality will unfold more … Read more
Pepe Coin price has crashed by 83% from its highest level this year, and technicals and exchange flows points to more downside in the coming weeks. Summary Pepe Coin price has formed a head-and-shoulders pattern in the past few months. The amount of Pepe tokens in exchanges has soared by over 7.4 trillion since last … Read more
The $1 trillion pay package for CEO Elon Musk that Teslashareholders approved on Nov. 6—the world’s first—was labeled by the board as an exemplar of pay for performance. And at first glance, the program appears to fit that description in a big way: The hurdles it establishes for Musk to receive any compensation at all, … Read more
As the wealth gap continues to widen, more people are being propelled into the ultra-rich billionaire class—but there’s even another layer of exclusivity at the top. While there are thousands of individuals out there with more than $1 billion in their bank accounts, a small cohort of “super-billionaires” are the real ones experiencing unprecedented wealth … Read more
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly reached a $1 trillion market capitalization on Friday, the first health-care company in the world to join the exclusive club dominated by tech firms. Eli Lilly briefly hit … Read more
U.S. President Donald Trump welcomes Saudi Crown Prince and Prime Minister Mohammed bin Salman during an arrival ceremony on the South Lawn of the White House in Washington, D.C., U.S., November 18, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump trumpeted Saudi Arabia’s $1 trillion investment pledge in the States and the potential sale … Read more
The impending $31 “Great Wealth Transfer” over the coming decade—a once-in-a-generation passing of assets from baby boomers to younger heirs—may turn on a surprising fulcrum: the fate of private art collections. For some families, said Wolfe Tone, vice chair and leader of Deloitte Private in the U.S., art is the “connective tissue,” strengthening intergenerational bonds. … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4