Money and Wealth

The 2024 Winter Meetings began with a bang as Juan Soto, the most sought-after free agent of the offseason, signed a groundbreaking 15-year contract with the New York Mets. At $765 million, the deal not only secures Soto’s place in Mets history but also sets a new record as the...

The combined net worth of America’s 12 richest individuals has reached an astonishing $2 trillion, which is just $1.8 trillion shy of the total wealth held by the bottom 50% of the U.S. population, according to data from the Federal Reserve Bank of St. Louis. This stark comparison underscores the...

Jensen Huang, the 61-year-old co-founder and CEO of Nvidia, ranks as the 10th wealthiest individual in the United States, with a staggering net worth of $127 billion. While estates of this magnitude are typically subject to a 40% federal estate tax—potentially surpassing $50 billion—Huang’s carefully designed financial strategies are expected...

Argentine football icon Lionel Messi has secured a spot among the Top 50 wealthiest Argentinians, with an estimated fortune of $950 million. This makes him the only athlete on the list, reflecting a remarkable career that has seen him amass post-tax earnings of nearly $950 million out of a total...

The combined net worth of Nigeria’s four wealthiest individuals has dropped to $23.8 billion, a decline of $4 billion from $27.8 billion earlier this year. The downturn, spanning the past eight months, has been attributed to several economic challenges, including persistent naira devaluation and soaring inflation. These billionaires, who hold...

The Unconventional Harmony of Grimes and Elon Musk Elon Musk, the maverick billionaire known for his groundbreaking work with Tesla and SpaceX, has been in a relationship with musician Grimes since 2018. Known for her avant-garde artistry, Grimes complements Musk’s unorthodox approach to life and work. The couple made headlines...

Teton County has maintained its position as the wealthiest county in the United States for two decades, with per capita incomes reaching a record $471,751 in 2023. This figure puts the average household income in Jackson Hole—a region with approximately 2.4 people per household—at an astonishing $1.13 million, far outpacing...

In the coming two decades, an estimated $84 trillion will transfer between generations in what is projected to be the largest-ever intergenerational wealth shift. However, not all billionaires plan to leave their fortunes to their heirs. Some, like Laurene Powell Jobs, have chosen to distribute their wealth in other ways....

When Princess Elizabeth married Philip Mountbatten in 1947, she received a remarkable tiara and necklace as a wedding gift, now valued at over $83 million. This gift came five years before her coronation as Queen of England. Renowned for her impeccable taste in jewelry, the late Queen Elizabeth II curated...

A Delaware judge has once again ruled against Elon Musk’s record-breaking $55.8 billion Tesla compensation package, a decision that could strip billions from the world’s wealthiest individual. On Monday, Kathaleen St. Jude McCormick, the Delaware Chancery Court judge, determined that Musk exerted undue influence over Tesla’s board when it approved...