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Wealthy parents are paying to have their kids homeschooled by professionals...
With most schools across the US closed since March to slow the spread of the coronavirus, some ultrawealthy parents are hiring private educators to make sure their kids don't fall behind.Some of these...
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These are the 8 mega-billionaires who have gotten the biggest boost to their...
The coronavirus pandemic has roiled global markets, which have whiplashed over the last two months. While the Nasdaq has recovered from the March market meltdown, the S&P 500 and Dow Jones...
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US billionaires have increased their net worth by $485 billion during the...
US billionaires added almost half a trillion dollars to their collective wealth during the past 10 weeks, a report by the Institute for Policy Studies claims.US billionaires were worth a collective...
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How Kylie Jenner built her financial empire
In March 2019, Forbes dubbed then 21-year-old Kylie Jenner the world's youngest "self-made" billionaire.The magazine had pegged the value of her company, Kylie Cosmetics, at more than $900 million....
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Read the memo private equity titan Robert F. Smith, the richest black man in...
Amid growing unrest over the murder of George Floyd, private equity titan Robert F. Smith advised his staff to "reach out to the communities that are grieving most, and let them know that you support...
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BET founder Robert Johnson, America's first black billionaire, calls for $14...
BET founder Robert Johnson told CNBC that the United States needs to compensate African Americans for centuries of systemic racism.The United States is facing a national reckoning over racism, as...
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Countries may start raising taxes on the ultrawealthy to fund coronavirus...
Governments might consider raising taxes on the ultrawealthy to fund the fight against the novel coronavirus.Even before the pandemic, billionaires and presidential candidates alike called for a wealth...
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Davos, the elite conference attended by billionaires and heads of state, will...
The World Economic Forum Annual Meeting will be open to the public in 2021, its organizers announced in a press release Wednesday.The meeting, better known as "Davos" after the Swiss ski resort that...
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How billionaires are responding to the George Floyd protests
Several American billionaires have taken to social media to share their thoughts on the growing civil unrest, but not all of it has been well received.The United States is facing a national reckoning...
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Marvel billionaire Ike Perlmutter used his 'shadow' sway over Trump's...
Marvel chairman Ike Perlmutter pushed the Department of Veterans Affairs to include Captain America and Spider-Man in a photo op at the New York Stock Exchange for in 2017, ProPublica...
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American billionaires have gotten half a trillion richer during the pandemic,...
American billionaires are now nearly 20% richer — by $565 billion, to be exact — than they were at the start of the coronavirus pandemic, according to a new report by the Institute for Policy...
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Kylie Jenner just topped Forbes' list of the highest-paid celebrities in the...
Kylie Jenner is the highest-paid celebrity in the world, earning $590 million pre-tax from June 2019 through May 2020, according to Forbes.The designation comes amid drama between the reality TV star...
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Meet Masayoshi Son, the Japanese billionaire with a $16 billion personal...
SoftBank is launching a $100 million "Opportunity Growth Fund" to invest in entrepreneurs of color as protests over racial injustice sweep the globe, the company announced Wednesday.The Japanese...
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How philanthropists can use their money to actually help achieve racial...
The best thing philanthropists can do to dismantle systemic racism is to fight economic inequality, according to Ford Foundation president Darren Walker.Inequality in America has reached record highs,...
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Meet the 11 US billionaires whose fortunes have grown the most during the...
US billionaires have added $565 billion to their collective wealth during the past 11 weeks, a report by the Institute for Policy Studies found.Jeff Bezos, founder and CEO of Amazon, was the biggest...
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ZoomInfo founders become billionaires after stock more than doubles in 3-day...
ZoomInfo's founders Henry Schuck and Kirk Brown became billionaires days after the company's shares began trading on the Nasdaq exchange, Bloomberg reported on Monday.The business-intelligence firm's...
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There are 615 billionaires in the United States, and only 6 of them are Black
Only six of the United States' 615 billionaires are Black, Forbes' Billionaires List shows.All six of the billionaires on this list are self-made, although their sources of wealth range from finance to...
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Netflix billionaire Reed Hastings is building a 2,100-acre luxury training...
Netflix billionaire Reed Hastings secretly built a $20 million luxury training camp for teachers in Colorado.Hastings pledged to spend $100 million of his $4.8 billion fortune to reform public...
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Silicon Valley's elite wants yet again to abandon land and live on floating...
The founder of a Silicon Valley think tank promoting the construction of seasteads — or floating cities that operate independently of existing governments — told The Telegraph that he's seeing an...
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Instacart founder Apoorva Mehta is now a billionaire, Forbes says
America's newest billionaire is Apoorva Mehta, the 33-year-old founder of grocery delivery app Instacart.Forbes added Mehta to its Billionaires List after Instacart's latest funding round, which valued...
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