Have you ever wondered why divorce rates aren't the same all over the world? This isn't a simple question to answer, as various factors come into play. Researchers have been looking into this using data from the United Nations since 1948. One model they used was Bouchaud's, which helps explain how t
At 94, Warren Buffett, the iconic investor and CEO of Berkshire Hathaway, has revealed his detailed plan for his massive fortune after he passes away. In a recent letter to shareholders, Buffett expressed his views on mortality and his hope that his three children, who are in their 60s and 70s, will
Imagine trying to fix a global problem like climate change. One of the biggest issues at the recent climate summit was money. Rich nations offered $300 billion towards the $1. 3 trillion needed, but they wanted the rest to come from private investors and new taxes. Countries that are less wealthy di
At the UN climate summit in Baku, Azerbaijan, a new draft deal proposed $250 billion annually for poorer nations to fight climate change. This amount, twice the previous goal, is seen as too low by developing countries who are hit hardest by extreme weather. The rich nations, however, argue it's the
Bryson DeChambeau, the 30-year-old golf pro known for his victories on both the PGA Tour and LIV Golf, has made some big moves when it comes to his living situation. Unlike many golfers who flock to Florida, DeChambeau has a strong connection to Texas and is often considered more of a Texan than a C
Imagine having so much money that you can buy a seat at the table with world leaders. That's the kind of power billionaires like Elon Musk have. Musk, the world's richest man, joined a call between President-elect Donald Trump and Ukrainian President Volodymyr Zelensky. But it's not just about rubbi
Can you imagine getting ready for your dream job, but feeling like you're missing some key skills? That's where Jay-Z's Shawn Carter Foundation comes in. They've teamed up with the Wharton School of Business and Toyota North America to launch the Champions for Financial Legacy (CFFL). This program a
Ever wondered how some of the richest sports team owners travel? Private jets are their go-to mode of transportation. These aren't your average jets; they're luxurious and fast, making long distances seem like a breeze. Let's look into five sports team owners who own private jets. First, there's St
Well, the day after Donald Trump's big win, "Weekend Update" co-anchor Michael Che had a few things to say – and a drink to help him along. He couldn't believe people thought Pennsylvania would vote for a candidate he referred to as the "Jamaican Indian lady. " That’s right, Michael was talking abou
Grant Hill might be known for his impressive basketball career, but his smart money moves are what really make him stand out. In a league full of wealthy players, Hill has carved out a special place for himself as a post-retirement superstar in the business world. Hill didn't follow the typical
