In this photo illustration, British billionaire Richard Branson is seen on a fragment of a Virgin Galactic Unity 22 Spaceflight Livestream Youtube video displayed on a smartphone with the Virgin Galactic logo in the background. Pavlo Gonchar | Lightrocket | Getty Images Virgin Galactic shares plunged more than 14% in premarket trade on Monday, after
Wealth
Charlie Munger, who died at age 99 last week, attributed his success and longevity at least partially to a single piece of advice: “Avoid crazy at all costs.” That’s what he told CNBC’s Becky Quick last month, in an interview meant to air on his 100th birthday in January. Munger was known as the longtime
Career changes can be hard, even for Bill Gates — who credits a simple, lifelong habit for his switch from a narrow-minded, decades-long focus on computers and software to international philanthropy. “I had a long period from about age 18 to 40 where I was very monomaniacal … Microsoft was everything,” Gates, 68, recently told
In the small town of Hinsdale, New Hampshire, people knew Geoffrey Holt as the unassuming caretaker of the mobile home park where he lived. What they didn’t know was that he was a multimillionaire — and he donated the entirety of his $3.8 million fortune to the 4,000-person community after he died at age 82
Michael Morrow Courtesy: Michael Morrow As Americans grapple with economic uncertainty, educators in Nashville, Tennessee, are preparing high school and middle school students with personal finance courses that many of their parents never had. Currently, 23 states, including Tennessee, guarantee at least one semester of personal finance before high school graduation, according to Next Gen Personal
For Charlie Munger, living in a relatively modest house wasn’t an accident — it was a conscious choice. Munger, the billionaire investor and longtime business partner to Warren Buffett, died on Tuesday at the age of 99. He’d previously filmed a wide-ranging interview with CNBC’s Becky Quick, which aired on Thursday evening, and discussed his
Caiaimage/chris Ryan | Istock | Getty Images There has been a wave of financial literacy legislation nationwide as states push to get personal finance classes into public schools — and Tennessee was one of the first to enact a high school mandate. Since 2013, Tennessee has required a half-semester personal finance course for high school
Vm | E+ | Getty Images In recent months, the world’s new billionaires made more of their fortunes from inheritance than from entrepreneurship, according to the UBS Billionaire Ambitions Report. It marked the first time in the nine-year history of the report that newly minted billionaires accumulated more wealth from inheritance than starting a business.
In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT Super yacht moored at South Dock, at the heart of Canary Wharf financial district on 7th February 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images A new wave of billionaires acquired more wealth through inheritance than entrepreneurship during the last
It’s official: Mark Cuban says he’s leaving ABC’s “Shark Tank” after more than a decade on the show. The billionaire entrepreneur and investor plans to move on after Season 16 ends in 2025, he told The Hollywood Reporter on Monday. “I just want to have a couple summers with my teens before they go off
Nashville is seeing an unprecedented surge in luxury hotels, with renowned brands such as the Four Seasons Hotel, the W Hotel and the Grand Hyatt opening their doors in Music City. More than 90 new hotels have been constructed in Nashville since 2013, contributing more than 14,000 rooms to the city’s accommodation offerings, according to
A pedestrian passes in front of a statue of a bull in the Wall Street area in New York City. Doug Kanter | AFP | Getty Images Family offices now have more of their money invested in private markets than the public stock market — even as the market rallies — according to a new
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