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
Wealth
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
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
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Charlie Munger Lacy O’Toole | CNBC Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate
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
Matthew Perry attends the GQ Men of the Year Party 2022 at The West Hollywood EDITION on November 17, 2022 in West Hollywood, California. Phillip Faraone | Getty Images A new foundation has been established in the late actor Matthew Perry’s name to help others who struggle with addiction. “Addiction is far too powerful for
Jagger Eaton is already an Olympic bronze medal winner, two-time world champion and five-time X Games medalist, and the 22-year-old pro skateboarder is also on his way to building his own financial foundation. Eaton tells CNBC Make It that his No. 1 savings goal at the moment is to buy more income property. “It’s not
Start your engines. From Formula One races to the Summer Olympic Games, traveling to attend major sporting events is on the rise. Sports tourism, as it’s called, is one of the fastest-growing sectors in the travel industry, according to the United Nations World Tourism Organization. The market is massive, and only stands to grow,
Ольга Носова | Istock | Getty Images If you’re retired and giving to charity this season, there’s a planning move that can reduce your 2023 taxes while donating to a worthy cause, experts say. The strategy, known as qualified charitable distributions, or QCDs, allows retirees to transfer money from an individual retirement account to an
Some 165 photographers working on assignment for National Geographic shot more than 2.1 million images in 2023. Now, 29 are featured in its annual “Pictures of the Year” retrospective. The feature — published in the magazine’s December issue and online in November — contains “stunning photographs that unearth remarkable, rarely seen moments,” according to National
Some workers go to great lengths to hide hush trips from their bosses. But employees of the Polish company PhotoAid needn’t bother. The company, which helps travelers take their own passport photos at home, allows its employees to stay at an apartment in Spain for free — provided they work while they’re there. The apartment
We all know divorces are not uncommon in the U.S. Some of the most public splits over the years have included those of celebrities such as Johnny Depp and Amber Heard, Jennifer Lopez and Marc Anthony, Katie Holmes and Tom Cruise, and most recently, Joe Jonas and Sophie Turner. In 2021, there were nearly 700,000
Private jets are seen on the tarmac at Friedman Memorial Airport ahead of the Allen & Company Sun Valley Conference, July 5, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images The world’s richest 1% of people are responsible for around the same percentage of global carbon emissions as the 5 billion people who
Japan and Thailand are two of the most popular places to visit in Asia. But both are losing ground with Chinese nationals as safety concerns rise among younger travelers. Both countries were the top choices for Chinese holidaymakers earlier this year but fell in the third quarter — Thailand to No. 6 and Japan to
Quitting your job to start a business can be both tempting and extremely risky. Make sure you have a safety net before taking the leap, says billionaire entrepreneur and investor Mark Cuban. “Save your money first. Don’t just leave [your job] unless you know what the hell you’re doing,” Cuban told Wired last month in
Mark Cuban worked hard to amass his net worth — currently estimated at $6.2 billion — creating multiple successful businesses and investing in promising startups. If he had to start over from scratch, he probably wouldn’t be nearly as successful the second time around — and the same goes for every billionaire on the planet,
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