Wealth

In this article AMC AMC Entertainment CEO Adam Aron has seen his wealth soar by more than $200 million since the start of the year thanks to a retail-investor fueled rally, according to securities filings. The theater chain, which has become a favorite of retail investors and social media message boards, has seen its stock

Asia has more than 30 cities with populations greater than five million people, yet only two can lay claim to the top bar on Asia’s 50 Best Bars list. Every year since the list’s inception, the continent’s best-ranked bar has been in either Hong Kong or Singapore. The annual ranking is organized by William Reed

Five years ago, Lindsay McCormick was working as a TV producer on HGTV’s “House Hunters.” She was traveling the country, living out of a suitcase, and relying heavily on travel-size toiletries. “I kept going through toothpaste tubes and I was just like, this feels so wasteful,” McCormick says. An avid surfer and former surf instructor,

In this article GME AMC BB-CA Mario Tama | Getty Images AMC Entertainment‘s stock continued its wild ride on Wednesday, with the price per share rising more than 100% and prompting a halt to its trading several times. AMC is one of several so-called meme stocks that have seen a surge in interest from individual

Tasos Katopodis | Bloomberg | Getty Images President Joe Biden wants to raise the top income-tax rate for wealthy households to 39.6%, from the current 37%, to help finance his legislative agenda. That top rate would apply to single individuals with taxable income over $452,700 and married couples filing a joint tax return with income

R.Tsubin | Moment | Getty Images The Biden administration wants to get tougher on tax cheats — and cryptocurrency is an area of interest. Virtual currencies like bitcoin and ethereum, which are collectively valued around $2 trillion, offer investors a way to shield income from tax authorities. In that way, the crypto economy contributes to

When comparing different blockchains, billionaire Mark Cuban looks at a few specific characteristics before investing. “Most people look at speed and cost compared to BTC [bitcoin] or ETH [ethereum],” Cuban tells CNBC Make It. “While those things can be important, I look at blockchains as networks with development platforms via smart contracts.”  Cuban is referring

Elizabeth Holmes, founder and former chief executive officer of Theranos, center, exits U.S. federal court in San Jose, California on May 6, 2021. Nina Riggio | Bloomberg | Getty Images In the case of Elizabeth Holmes apparently all publicity isn’t good publicity. Attorneys for the former Theranos CEO are citing widespread negative coverage as a

In this article RR.-GB Detail of the new Rolls-Royce Boat Tail on May 27, 2021, unveiled by Rolls-Royce CEO Torsten Muller-Otvos at the Home of Rolls-Royce in Goodwood, West Sussex, England. Jeff Spicer | Getty Images Entertainment | Getty Images Rolls-Royce Motor Cars on Thursday unveiled the Boat Tail, a luxury vehicle model it has

“The Sakura,” a 15.8-carat purple-pink diamond set on a platinum and gold ring, sold for $29.3 million. Christie’s Hong Kong A purple-pink diamond has set a new record as the largest ever to be auctioned, selling for $29.3 million in Hong Kong.  “The Sakura,” the Japanese word for cherry blossom, is a 15.8-carat purple-pink diamond

Though billionaire investor Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has previously expressed concern about the future of bitcoin, he has also noted that the cryptocurrency earned his respect. Now, he reveals, “I have some bitcoin,” Dalio told CoinDesk during its 2021 Consensus conference. The interview was recorded on May 6

In this article WBA Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. MediaNews Group/The Mercury News via Getty Images | MediaNews Group | Getty Images Money may buy happiness but in the case of former Theranos CEO Elizabeth

Bob Iger, chairman and former CEO of The Walt Disney Company, is set to deliver the commencement address at The University of Texas at Austin on Saturday. “Bob Iger’s stellar career and visionary leadership have the capacity to inspire and teach us all,” Jay Hartzell, president of The University for Texas at Austin said in a press

Wheels Up is a new airline travel company co-founded by Bill Allard who stands in front of a new Beechcraft 350i King Air turbojet plane with only 30 hours on it. John Tlumacki | The Boston Globe | Getty Images Private jet company Wheels Up reported a 68% jump in first-quarter revenue and 56% increase

Before Vitalik Buterin co-created Ethereum, he first learned about bitcoin in 2011, when he was 17 years old. Initially he dismissed it, but Buterin eventually connected with the idea of bitcoin after a second look, he told Wired in 2016. Like many bitcoin evangelists, Buterin, a Russian-Canadian programmer, was curious about the decentralized payment system.

It’s taken Elon Musk decades to amass his more than $160 billion fortune. But a new online game lets you try to spend it all in under 30 seconds. The game, called “Spending Elon’s Money,” is available to play for free on the website of Leasing Options, a British car rental company.  Players start with

Radnor, Pa.: One last chance for mom to take care of this Villanova University graduate before the schools’ 178th Commencement Friday May 14, 2021 at Villanova Stadium. MediaNews Group/Daily Times via Getty Images | MediaNews Group | Getty Images Getting a college degree is often thought to open doors to higher levels of income and

MARK RALSTON | AFP | Getty Images There’s a pretty good chance — okay, an overwhelming chance — that you won’t win the $475 million Mega Millions jackpot. Then again, someone at some point has to win. And, there’s generally no harm in daydreaming. “Buying a Mega Millions ticket gives our players ‘permission to dream’

Laurene Powell Jobs is set to deliver the commencement address on Monday to the University of Pennsylvania 2021 graduation class. Powell Jobs, who is Steve Jobs’ widow, is the founder and president of the Emerson Collective, an umbrella organization for her philanthropic and business endeavors that focus on education, immigration, climate and cancer research and

Michael Jordan and Kobe Bryant are two of the greatest shooting guards in NBA history. On Saturday, Jordan introduced Bryant’s widow, Vanessa Bryant, at Kobe Bryant’s posthumous Hall of Fame induction. “Thank you for being here. Kobe admired you,” Vanessa said to Jordan. Jordan and Bryant were constantly compared by commentators and they were great

With vaccines rolling out across across the world, travelers want to reclaim something most gave up during the lockdown era: the summer vacation. Travel searches are surging, and bookings aren’t far behind. But it isn’t happening uniformly across continents. Here’s who is booking, where people are traveling, and what’s beckoning travelers from their homes again.

Dr. Anthony Fauci, the nation’s leading expert on infectious disease, will deliver Emory University’s 2021 commencement address for the Emory College of Arts and Sciences graduation ceremony on May 16. “During the past year, the name Fauci has become synonymous with truth, clarity, and medical expertise,” Emory president Gregory L. Fenves said in a release.

On Friday, Dr. Anthony Fauci gave advice to Vanderbilt University graduates to never stop learning. “The scope of you what you have learned here at Vanderbilt, and importantly what you will need to learn after you leave here, is like a giant mosaic,” he said while delivering the “Graduates Day” address. “This mosaic of your

kate_sept2004 | E+ | Getty Images Putting away enough savings for retirement has always been a struggle for many Americans. One reason workers tend to fall short: They often dip into the money they have set aside for their golden years. Now, some experts and lawmakers are discussing one idea that could help workers avoid

The cryptocurrency dogecoin’s value has surged over the past few months thanks to the alignment of several important factors, including extra capital from stimulus checks, the popularity of free-trading apps like Robinhood and the backing of billionaire SpaceX and Tesla CEO Elon Musk. But one reason has been understated in media reports, Billy Markus, the

Volunteers at a food bank in Duarte, California, load donation boxes. FREDERIC J. BROWN | AFP | Getty Images It appears the pandemic hasn’t dented charitable giving from wealthy households. Most affluent Americans — about 90% — gave to charitable causes in 2020, with a third of them giving more than in the past to

Kevin O’Leary is bullish on the future of NFTs, or nonfungible tokens. “I haven’t bought any yet. I’m waiting to see when the volatility of the pricing changes,” O’Leary, chairman of O’Shares ETFs, told CNBC Make It in April. But “this has legs. It’s going to work.” NFTs are unique digital assets that are represented

Samuel Corum/Bloomberg via Getty Images There’s still time to make health savings account contributions for 2020. Those with high-deductible health plans have until the extended tax-filing deadline, May 17, to make HSA contributions for 2020. Self-only plans allow deposits of up to $3,550, while those with family coverage may save as much as $7,100. This

The Bahamian island Faith Hill and Tim McGraw spent years and many millions to develop is on the market for $35 million. The country music power couple bought the island known as Goat Cay in 2003. It’s located in the Exumas, a district of the Bahamas comprised of a chain of over 365 islands, about

Jamie Dimon, JPMorgan Chase chairman and CEO, shared a bit of wisdom with Ohio State University graduates during his commencement address on Sunday. “I’m always hesitant to give advice, because it sounds like I did everything right,” Dimon said, “but I assure you, I did not.” To start, Dimon told the graduates about the importance