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Owning a private jet is not for the mere millionaires among us
Owning a private jet is not for mere millionaires.Paying for fuel, maintenance, and pilot salaries can easily add up to $1 million or more per year, according to Chris Battaglia, the director of...
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15 people who became billionaires in 2019 — and 14 who lost their status in...
A proliferation of IPOs created several new billionaires in 2019 — but a turbulent stock market also knocked many entrepreneurs out of the three-comma club.Several one-time billionaires (including Juul...
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The world's largest brewer, which produces Corona and Budweiser, is about to...
Carlos Brito is the CEO of the brewery group Anheuser-Busch InBev, which produces popular beers like Budweiser, Bud Light, Corona, and Stella Artois.AB InBev announced Tuesday that it is acquiring Kona...
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Bill Gates got super rich through a classic billionaire strategy — creating a...
Matt Stoller is the author of the Simon and Schuster book "Goliath: The 100-Year War Between Monopoly Power and Democracy" and the publisher of the newsletter BIG. He is a former advisor to the Senate...
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The billionaire who cofounded Gap and her 3 sons have lost $1 billion in 2019...
The billionaire family who founded Gap has lost $1 billion in 2019 as the retailer's stock is in free fall, Forbes' Lauren Debter reported.The latest stock drop occurred after slumping sales led CEO...
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13 countries that have only one billionaire
There are approximately 2,153 billionaires in the world, according to Forbes.Many of them are concentrated in countries like the US, China, Germany, Russia, and the United Kingdom.But some countries,...
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7 nannies who work for the rich and powerful share one thing they wish their...
Elite nannies often know the households of the rich and powerful better than the parents themselves.Business Insider asked nannies what they wish their bosses knew — and they had feedback about...
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Early analysis shows Elizabeth Warren's wealth tax would slow US economic...
A preliminary outside analysis of Sen. Elizabeth Warren's wealth tax proposal found it could hamper the nation's economic growth, but its supporters argue the study makes assumptions that ignores the...
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Billionaires' success boils down to a set of 3 personality traits that aren't...
Billionaires have a trifecta of traits to thank for their success, a new report by UBS and PwC found.Their smart risk-taking, focus, and determination is what makes them successful.Companies run by...
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White Claw billionaire Anthony von Mandl got his start selling wine out of...
Before releasing White Claw, Canadian billionaire Anthony von Mandl built a fortune off of Mike's Hard Lemonade — and used that wealth to create an empire of fine wineries throughout British Columbia....
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Under Armour is making headlines again over its accounting practices. Here's...
Kevin Plank founded Under Armour, a leading athletic-wear brand, 23 years ago in his grandmother's basement.On October 22, Under Armour announced that Plank would be stepping down from his role as CEO...
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Calling all personal assistants: Tell us what it is really like to manage the...
Calling all personal assistants!For an upcoming series, Business Insider would like to hear your stories of what your days are like and how you are treated.Fill out the form below to tell us the best...
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Kylie Jenner just agreed to sell a controlling stake in her makeup company...
Kylie Jenner agreed to sell a majority stake in her makeup company to Coty Inc. — a beauty conglomerate that owns brands including CoverGirl and OPI nail polish, among others — for $600 million Monday,...
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This is how the world's 5 youngest billionaires spend their time and money
One of the world's youngest billionaires, Kylie Jenner, just agreed to sell a majority stake in her makeup company for $600 million, The Wall Street Journal reported.The world's youngest billionaires...
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How Kylie Jenner became the world's youngest 'self-made' billionaire, from...
22-year-old Kylie Jenner, the world's youngest "self-made" billionaire, just sold a 51% stake in her namesake brand, Kylie Cosmetics, for $600 million to Coty Inc., according to The Wall Street...
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The top 15 tax havens around the world
Tax havens are places where super-wealthy individuals keep money in offshore accounts for reasons that include, among others, tax avoidance.These individuals often hold money within shell companies and...
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Bill Gates is once again the richest person in the world. Here's how he...
On Friday, Bill Gates regained the title of the richest person in the world from Jeff Bezos, according to the Bloomberg Billionaires Index.Gates' net worth is $110 billion.In July, Gates was...
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5 things millionaires can't afford — that truly wealthy people can
Low-level millionaires aren't as rich as you think.They may be able to buy penthouses or private school educations, but some things are out of their reach.Only the truly wealthy can afford things like...
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Kamala Harris has more billionaire donors than any other Democrat running for...
More billionaires have donated to Kamala Harris than any other Democrat running for president, an analysis of Federal Election Commission data by Forbes published Monday found. Taking campaign...
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Meet the top 10 ultra-wealthy Americans funding the 2020 presidential...
Approximately 100 of the United States' 705 billionaires have donated to candidates seeking the Democratic presidential nomination, an analysis of the Federal Election Commission database by Forbes...
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