WEALTH

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Dec 16 2025POLITICS

The Billionaire Blunder: How the Rich Lost Their Grip

The super-rich have been living in a dream world. They've had the power to shape laws and politics to their liking, all thanks to some big court rulings. This has made them incredibly wealthy. The top 20 richest Americans saw their wealth double in just five years. But they've been doing this behind

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Dec 14 2025BUSINESS

A New Leader in Trust and Wealth Management

Andrew Kafka has climbed the ranks at Union Bank & Trust (UBT). He is now the Vice President, Senior Trust Officer, and Manager of Personal Trust & Wealth Management. This is a big deal because he started as a legal intern in 2003. He has come a long way since then. Kafka has a law degree from the

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Dec 14 2025CELEBRITIES

Floyd Mayweather's Cash Counting Act: A Viral Moment or Just Old Habits?

Floyd Mayweather Jr. is known for his flashy lifestyle and unmatched boxing record. He has always been in the spotlight, whether for his fights or his extravagant displays of wealth. Recently, he found himself trending again, but not for his boxing skills. During a Lakers game, Mayweather was seen

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Dec 14 2025ENTERTAINMENT

Biggest Private Car Collections: A Look at the World's Most Extravagant Garages

Car enthusiasts often dream of owning a few special vehicles, but for some, the dream extends far beyond a modest collection. These individuals have turned their passion into reality, amassing impressive fleets that rival museums. From actors to boxers, chefs to royalty, these collectors come from d

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Dec 11 2025BUSINESS

South Korea's Big Plans for Economic Growth

South Korea is making some big moves to boost its economy. The finance ministry is planning to create a sovereign wealth fund, similar to those in Singapore and Australia, by the first half of next year. This fund will help manage state-owned properties worth a whopping 1, 300 trillion won. The goal

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Dec 10 2025FINANCE

Where Wealthy Families Are Moving for Better Healthcare

Moneyed families are picking up and moving more than ever. Why? Healthcare costs are a big reason. A recent study shows that in 2025, more wealthy people applied for residency or citizenship in other countries than ever before. Almost everyone from 92 different countries wanted to move. This isn't j

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Dec 04 2025BUSINESS

Big Money Moves: Wall Street Eyes Australia's Wealth Gap

Australia is sitting on a goldmine of retirement funds, but there's a catch. The country has a massive wealth pool, but not enough financial experts to go around. This has caught the attention of major Wall Street players like BlackRock, Goldman Sachs, and JPMorgan Chase. BlackRock, led by CEO Larr

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Dec 02 2025BUSINESS

A Big Boost for Young Americans: The Dell's $6. 25 Billion Gift

In a move that could reshape the financial future of millions of American kids, Michael and Susan Dell have made a massive donation. They're giving $6. 25 billion to help set up investment accounts for children under 10. This isn't just any donation—it's one of the largest private commitments ever m

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Dec 02 2025BUSINESS

Tech Stocks: What's Shaking Up the Market?

Tech stocks are making waves, and not everyone is happy about it. Michael Burry, a well-known investor, thinks Tesla is way too expensive. He's not alone in criticizing the tech industry for some of its practices. Meanwhile, Nvidia is teaming up with Synopsys, and Jim Cramer thinks this could be a

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Dec 01 2025FINANCE

Governments Eyeing Private Wealth to Tackle Debt Crisis

Governments around the world are facing a tough situation. They owe a lot of money. This is making them think about new ways to get funds. One idea is to use the wealth of private individuals. Economists are talking about this a lot. They say that governments might offer special deals. For example,

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