Wealth

In this article CSG.N-CH UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS is no stranger to blockbuster mergers. The modern company is comprised of over 370 legacy firms, including former domestic rivals. Amid major wars, Switzerland has remained

Geber86 | E+ | Getty Images There are plenty of risks for retirees — and those risks may compound by the rising cost of health care in retirement.  While the cost of medical care has recently fallen, it’s still nearly 30% higher than a decade ago, according to data from the U.S. Bureau of Labor

Knowing how and when to start teaching to kids about money and identifying what money skills they need can be tricky, but experts say it is crucial for their futures. MoMo Productions Knowing how and when to start teaching kids about money and identifying what skills they need can be tricky. Parents often don’t want

Elon Musk is the wealthiest person in the world again. Michel Euler | AFP | Getty Images Elon Musk is the richest person in the world again, according to Bloomberg Billionaires Index’s updated figures Thursday. The Tesla CEO saw his wealth jump 40.3% this year to $192 billion, after shares of the electric car maker

French luxury group LVMH Chairman and Chief Executive Officer Bernard Arnault Eric Piermont | AFP | Getty Images While younger tech billionaires like Elon Musk, 51, and Mark Zuckerberg, 39, may dominate the wealth headlines, the majority of the world’s billionaires are over retirement age, according to a new study. The median age of the

“Many of the most common financial mistakes — chasing quick wins, attempting to ‘time the market’, and taking a knee-jerk reaction to market volatility — can all be avoided by taking a longer-term perspective,” one expert tells CNBC Make It. Pekic | E+ | Getty Images Making money mistakes can be scary and seem catastrophic.

Mark Cuban is still frustrated with Elon Musk’s changes to Twitter. This time, he’s accusing Musk of rigging the platform to promote his own tweets and points of view. Last week, Cuban wrote he did his own deep dive into how Twitter determines who sees what posts. At the core of the issue, Cuban said,

Lisa Terauchi-D’Rozario’s husband had been a captain with Hong Kong airline Cathay Dragon for 14 years when he lost his job in October 2020, she said. Cathay Pacific cut thousands of jobs and shuttered its regional airline during the pandemic. The news was crushing, Lisa said. The family decided to leave Hong Kong to return

Ben Francis didn’t become wealthy through a family inheritance or business school connections. Instead, the CEO and co-founder of Gymshark used his Pizza Hut job earnings at age 19 to buy a sewing machine and start his fitness apparel company in his parents’ Birmingham, U.K., garage. Eleven years later, his adolescent tactics literally paid off.

This photograph taken on October 20, 2022 shows a replica of the Big Ben Tower at the Londoner Casino resort at the Cotai Strip in Macau. (Photo by Eduardo Leal / AFP) (Photo by EDUARDO LEAL/AFP via Getty Images) Eduardo Leal | Afp | Getty Images Tourists in Asia no longer have to take long

Talk about Asia’s travel recovery is still largely focused on the return of Chinese travelers. But it’s Indians travelers who are searching for international trips faster than travelers in any other market in the world, Agoda’s CEO, Omri Morgenshtern, told CNBC Travel. “The entire thing is booming,” he said. “India outbound [travel] is growing much

A single piece of advice from an investor helped Airbnb CEO Brian Chesky grow his company from a struggling startup to an industry giant worth roughly $70 billion. That’s according to Chesky himself, who told attendees at a recent Stanford Graduate School of Business event that it was “the best piece of advice I ever

Maskot | Maskot | Getty Images As new peer-to-peer payment app options emerge for teenagers, experts say it’s an opportunity for parents to teach their kids how to use these financial tools wisely — and educate them on how to avoid common pitfalls. Venmo on Monday unveiled a new teen account that allows parents to

Millionaires often stress the importance of saving money along your journey to financial freedom. Not Barbara Corcoran. The real estate entrepreneur and star of ABC’s “Shark Tank” says her best advice for making money is to just “spend it.” “I’m just not a believer in saving money,” Corcoran tells CNBC Make It. “I’ve never saved

Should you check email on vacation or face a tsunami of messages once you’re back at the office? For workers at war with their inboxes, neither is a great option.   That’s why many people choose something in the middle. But even monitoring email on holiday “is almost always a bad move,” said Zachary Weiner,

In this article CDI-FR MC-FR Follow your favorite stocksCREATE FREE ACCOUNT Luxury giant LVMH Moët Hennessy Louis Vuitton, more commonly known as LVMH, has grown into a $500 billion powerhouse conglomerate of 75 distinguished brands, or “maisons,” rooted in six different sectors — with no plans to slow down. The company recorded revenue of 79.2

Bentley Continental GTC Speed in Kingfisher Adam Jeffery | CNBC The V-12 engine is dead. Long live the V-12. In the coming years, supercar companies like Lamborghini, Bentley and Rolls-Royce have all announced phase-outs of their V-12 engines as they roll into the age of hybrid and electric vehicles. In the meantime, they’re launching 12-cylinder

Elon Musk says his days of trying to sleep less and work more are over — at least, relatively speaking. The Tesla, SpaceX and Twitter CEO, who referred to himself just last year as “fairly nocturnal,” has a history of pulling all-nighters and sleeping under his desk to get work done. Now, he makes an

Pocket money rose by more than inflation in the UK in the last year, and kids found ways to boost their income on top of that, a new report says. Agrobacter | Istock | Getty Images Despite a wider financial crunch in the U.K., British kids have reason to be cheerful with new data showing

Adrian Hallmark, CEO, Bentley Scott Mlyn | CNBC After a record-breaking year in 2022, Bentley Motors reported surging profits in the first quarter thanks in large part to car customization, CEO Adrian Hallmark said. Bentley reported its best-ever first quarter, with operating profits up 27% to 216 million euros, or about $232 million. Even more