Wealth

When Sheryl Sandberg joined Facebook in 2008, she knew she was committing to more than your typical 9-to-5 job. But the departing Meta COO says she didn’t realize the “24/7” job would last 14 years. CNBC’s Julia Boorstin recently caught up with Sandberg, who said she initially only expected to stay at Facebook for five

Before billionaire investor Ray Dalio built the world’s largest hedge fund, he went broke. On a recent episode of actor Dax Shepard’s “Armchair Expert” podcast, Dalio said he nearly tanked hedge fund Bridgewater Associates less than 10 years into running it: After incorrectly predicting that the world market would crash in 1982, Dalio lost investors,

In this article FB Sheryl Sandberg leaves Meta as one of the highest-profile and most successful women in tech — and after more than $1.7 billion in stock sales. Sandberg announced Wednesday that she is stepping down from her role as chief operating officer after 14 years at Meta, formerly known as Facebook. Sandberg will remain

Netflix co-founder Marc Randolph says the “most dispensed advice in the history of mankind” might also be the worst. At Cape Cod Community College’s recent commencement ceremony, Randolph told the class of 2022 that three common graduation speech words — “follow your dreams” — constitute “terrible advice.” “It’s not the advice itself that’s bad,” Randolph,

While most of the travel industry struggled to get back on its feet, the yachting industry had a different problem during the pandemic: serving everyone wanting to charter a boat. Like the rise in private jet travel during the pandemic, charter demand remains “extremely strong,” said Crom Littlejohn, chief commercial officer of the yacht brokerage

Klaus Vedfelt | DigitalVision | Getty Images Months of stock market volatility may deliver a costly surprise to parents sending children to school this fall: smaller-than-expected 529 college savings plan balances.  The average 529 account size was $30,287 in 2021, according to the College Savings Plans Network, but families may now have lower balances, financial

The rental market in the Hamptons is facing an unexpected chill this summer. After two years of strong demand and soaring prices, the supply of rentals in the Hamptons is surging, leading to a wave of last-minute price cuts. Median rental prices in the first quarter fell 26%, according to Jonathan Miller, CEO of Miller

The $28.5 million mansion that recently hit the market in Boca Raton, FL located at 2633 Spanish River Rd. Danny Petroni Ultra-high-end real estate in Boca Raton, Florida, is on a stratospheric rise, breaking record sale prices every year for five consecutive years. And the price per square foot of the town’s top-end homes is now

Some people can move back in with mom and dad if they have to, or at a minimum, crash on their aunt or sister’s couch until they get their priorities in order. That provides a cushion. But that was never a possibility for me. I didn’t have a strong support system growing up. I always

The U.S. Department of the Treasury building Julia Schmalz | Bloomberg | Getty Images Some investors may be grappling with the sting of higher-than-expected capital gains for 2021 and losses in 2022. But experts say tax-planning opportunities may soften the blow. Individuals paid significantly more taxes this season, and the surge in capital gains in

Tom Merton | Ojo Images | Getty Images With summer around the corner, the wealthy are preparing their lists of elevating beach reads. And this year, their Goyard tote bags are likely to be filled with books about innovation, technology and Greek gods. J.P. Morgan Private Bank on Tuesday announced its 23rd annual Summer Reading

Protesters take part in a demonstration against the World Economic Forum (WEF) during the WEF annual meeting in Davos on May 22, 2022. Fabrice Coffrini | Afp | Getty Images A group of over 150 millionaires are calling on the elite attendees of this year’s World Economic Forum in Davos, to tax them more. The