Wealth

A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty Images DUBAI,

Getty Images The IRS on Tuesday shared tips for the upcoming tax season — including a reminder about the new $600 threshold for receiving Form 1099-K for third-party payments. The change applies to payments from third-party networks, such as Venmo or PayPal, for transactions such as part-time work, side jobs or selling goods, according to

Hidden deep below some of New York City’s most luxurious apartment buildings is an exclusive world of futuristic parking spaces where high-end vehicles are parked and retrieved by robotic parking systems.  The high-tech spots are a rare amenity in the Big Apple, and if you want your car to occupy one of these VIP spaces

Ariel Skelley | Getty Images Giving Tuesday is approaching, and it’s possible to score a tax break while funding your favorite cause. But there are key rules to know before opening your wallet, experts say. An estimated 35 million U.S. adults participated in Giving Tuesday in 2021, donating total gifts of $2.7 billion, a 9%

This holiday season, billionaire Bill Gates is gifting you a list of five books to read while you’re hopefully enjoying some much-deserved downtime. Gates, a voracious reader who reads at least 50 books each year, regularly releases lists of the best books he’s read each year — alongside seasonal recommendations for holiday books and summer

The “Orient Express” has been called the “king of trains” and the “train of kings.” Royalty, writers, actors and spies have ridden the original route between Paris and Istanbul, which started in the late 19th century. Author Agatha Christie described the Orient Express as “the train of my dreams.” She set a bestselling murder mystery

Investors often reject startups for sloppy pitches or unprofitable business models. On Friday’s episode of ABC’s “Shark Tank,” billionaire Mark Cuban left a deal in less than two on-screen minutes for a different reason: the “dumbest marketing move ever.” The company in question, a Los Angeles-based car air freshener company called Ride FRSH, was on

Amazon founder Jeff Bezos told CNN on Monday that he plans to give away the majority of his $119.5 billion fortune in his lifetime, saying that “it’s really hard” to give away large sums of money in effective ways. The same day, his ex-wife MacKenzie Scott published a Medium blog post, announcing that she’d given

Jeff Bezos finally said he plans to give away the “majority” of his $122 billion fortune during his lifetime. The announcement, in an interview with CNN released on Monday, came after years of Bezos facing questions and criticism over his relative lack of philanthropic donations, especially compared to fellow high profile billionaires like Bill Gates,

Real estate broker Barbara Corcoran may be a self-made millionaire, but that doesn’t mean she can pass up a good deal. The star of ABC’s “Shark Tank” recently posted a video tour of her closet on Instagram, pulling out her most and least expensive items — both of which she said she loves. “I like

Covid-19. Airport chaos. Lack of available flights. Many travelers say those are the reasons they ditched airlines for private jets during the past two years of the pandemic. But a new survey shows most of the newly converted aren’t ready to return to commercial aviation just yet. Some 94% of those new to the industry

In 2008, the national anthems of both North Korea and the United States resonated throughout the East Pyongyang Grand Theatre — echoing hopes of a thawing relationship between the countries. The curtains have since long closed on these hopes. The historic concert, performed by the New York Philharmonic is one of Mark Edward Harris’ favorite

Some kids make extra cash running lemonade stands. A 12-year-old Mark Cuban sold trash bags door-to-door. The billionaire serial entrepreneur and Dallas Mavericks owner recently told GQ magazine that a family friend gave him the opportunity, marking his first-ever sales job. The friend sold Cuban boxes of trash bags for $3, so Cuban could turn

The Internal Revenue Service building in Washington. SAUL LOEB/AFP via Getty Images The White House announced President Joe Biden intends to nominate Danny Werfel — a former budget official and private sector leader — to run the IRS as the agency prepares for a makeover. Prior to his current role at Boston Consulting Group, Werfel

The Valuable 500, a business coalition, released its list of the top 10 most accessible cities in the world.  The report cited a survey conducted among 3,500 individuals with disabilities, who rated cities based on “transport links, proximity of accommodation to attractions, shops, and restaurants, and the availability of information about accessibility.” The survey was

Art handlers hold a painting titled “La montagne Sainte-Victoire” by Paul Cezanne (estimate on request: in excess of $120,000,000) during a photo call to present the highlights from the estate of the philanthropist and co-founder of Microsoft, Paul G. Allen in London on Oct. 14, 2022. Wiktor Szymanowicz | Anadolu Agency | Getty Images Christie’s

Activists demonstrate in support of a $15-per-hour minimum wage and tips for restaurant workers in Washington, D.C. on Feb. 8, 2022. Mandel Ngan | AFP | Getty Images Voters in both Nebraska and the District of Columbia on Tuesday approved higher minimum wages, while the results in a similar Nevada ballot measure are still pending.

Everyone approaches money differently, and I’ve always been fascinated by how the world’s wealthiest people do it. As a CEO and host of the podcast “We Study Billionaires,” I’ve interviewed 25 billionaires and more than 100 self-made millionaires, including prominent investors like Howard Marks and Cathie Woods. What have I learned from them? For starters,

Kevin O’Leary’s daily money-saving morning habit sounds simple — but isn’t, the “Shark Tank” host and chairman of O’Shares Investments tells CNBC Make It. After waking up between 5:00 and 5:30 a.m and working out, O’Leary spends one hour reading the news. He sources research from banks, reads articles and watches broadcasts from around the

The investments of 125 billionaires cause 393 million tonnes of carbon dioxide emissions each year according to a report published by global poverty charity Oxfam. Florian Gaertner / Contributor / Getty Images The investments of 125 billionaires produce 393 million metric tonnes of carbon dioxide emissions every year, according to a report by Oxfam. That’s