Wealth

Although Kevin O’Leary started his first business at 32, he knew as a teenager that he would become an entrepreneur. He had that ‘aha’ moment working at an ice cream shop in high school, he tells CNBC Make It.  “My big ‘aha’ moment was getting fired from my first job on the first day I was

Twitter and Square CEO Jack Dorsey, who is worth more than $7 billion, is pledging $3 million to support experiments in free cash payments to Americans, he announced Thursday. Dorsey is giving the money to Mayors for a Guaranteed Income, a coalition of mayors who advocate for universal basic income, as well as invest in pilot programs around

Both as president and in business, Donald Trump is often accused of being overconfident and self-serving. And according to his niece Mary Trump’s upcoming book, “Too Much and Never Enough,” Donald learned that from his dad Fred’s obsession with famous 1950s self help author, Norman Vincent Peale. Peale, a minister who “preached self-confidence as a life

The world’s uber wealthy are increasingly putting their money towards socially, ethically and environmentally conscious businesses, which could spur the growth of sustainable investments. In Capgemini’s World Wealth Report 2020, more than a quarter (27%) of high net worth individuals (HNWIs) — those with investible assets of $1 million or more — said they were

A Chelsea Tower rental apartments billboard. Jeff Greenberg | Getty Images The number of apartments listed for rent in Manhattan reached record levels in June, as brokers remained unable to host showings amid the coronavirus pandemic and more renters left the city, according to a new report. There were more than 10,000 apartments listed on

Like many Black women, I was gifted with a subset of skills for resilience at a young age. Resiliency is powerful because it can emphasize the positive factors of pushing through in the face of adversity. This served me well throughout childhood, but created problems as I got older. I saw my resiliency as a badge

“Constraints breed resourcefulness, self-sufficiency, and invention,” reads one of Amazon’s famous core leadership principles delineated on its website. This, one of the major tenants upon which Jeff Bezos built Amazon, is something he learned as a kid spending more than a dozen summers on working on his grandfather’s ranch in Texas. “I learned so much from my

If you’re dreaming of going abroad this summer, countries in the European Union are gradually reopening their borders to residents of select countries around the world. From July 10, people from England, for example, will be able to go to popular destinations such as France, Spain and Italy without having to quarantine on arrival or upon

The coronavirus pandemic has upended the global jobs market. From enjoying one of the tightest labor markets in years, the U.S. is now facing chronic unemployment rates, with similar stories playing out across the world. That paradigm shift has moved power away from employees and over to employers, as countless candidates vie over the same

U.S. President Donald Trump hosts an event on reopening schools amid the coronavirus disease (COVID-19) pandemic in the East Room at the White House in Washington, U.S., July 7, 2020. Kevin Lamarque | Reuters Multiple businesses with ties to President Donald Trump received millions of dollars in small business relief loans backed by the administration. 

Billionaires, country clubs, private jet companies and Kanye West all received millions in government funding under the Paycheck Protection Program, according to the Small Business Administration.  The PPP loans and grants were part of the $2 trillion CARES Act, which President Donald Trump signed into law this spring. The loans were designed to help small

An airport ground crew prepares a Cessna 510 jet airplane for takeoff at Santa Fe Municipal Airport in Santa Fe, New Mexico. Robert Alexander | Getty Images The major private jet companies, including Wheels Up and OneSky Flight, received more than $200 million in government funding under the government’s payroll support program, according to recent

David Heinemeier Hansson remembers the moment he became a millionaire. He grew up “lower middle class,” so the moment was significant, he said. It was also a let down.  “The euphoria I felt when it was finally real lasted the rest of that day. The inner smile remained super wide for at least the rest of

The internet Musk believed the internet, nascent in the ’90s, would “fundamentally change humanity,” he said on the podcast. “I would not regard this as a profound insight but rather an obvious one,” Musk said. He compared the internet to the human nervous system: “If you didn’t have a nervous system, you wouldn’t know what’s

The Dallas Mavericks suffered a devastating loss to the Miami Heat in the 2006 NBA Finals, when the Mavericks won the series’ first two games only to their championship hopes slip away after falling to the Heat in four straight games. It was only a few years into Mark Cuban’s ownership of the Mavericks, and

From self-guided fall foliage tours to weekends at the lake, booking a secluded cabin is an easy way to avoid crowds this autumn.  Cabins today come in every incarnation imaginable, from traditional log designs to modern wonders, and in sizes ranging from palatial estates to one-room shacks located smack in the middle of a pond. 

A pedestrian stands in front of a Manhattan condominium building in New York. Mark Abramson | Bloomberg | Getty Images Manhattan apartment sales in the second quarter saw their biggest decline in three decades — and the worst quarter on record — as the real estate lockdown and urban flight after the Covid-19 crisis put

According to Kevin O’Leary, people spend too much money on things they don’t need – like a $2.50 cup of coffee ”is such a waste of money,” he says. The smart thing to do with your money is invest it, according to O’Leary. In fact, “the biggest money mistake people make today is they don’t put

There were 2,825 billionaires in the world in 2019, up 8.5% from 2,604 billionaires in 2018, according to market research firm Wealth-X. That’s the most billionaires there have been since Wealth-X began tracking the numbers in 2010. And the billionaires’ combined net worth was $9.4 trillion last year, up from $8.6 trillion in 2018.  Why did

The European Commission on Tuesday released its much-anticipated list of countries whose residents will be permitted to travel into the EU starting tomorrow. Who’s in? Residents of Algeria, Australia, Canada, Georgia, Japan, Montenegro, Morocco, New Zealand, Rwanda, Serbia, South Korea, Thailand, Tunisia and Uruguay. If China reopens its borders to EU residents, it will also