Thursday, April 18, 2024
The wealth of Bill Gates has reached $100 billion, according to Bloomberg's list of the world's 500 wealthiest people. The Bloomberg Billionaires Index found that Gates, the co-founder of Microsoft and previously the wealthiest person on the planet, has reached...
The Parliamentary Budget Officer’s (PBO) report revealed that Canada’s annual revenue can peak at $5.6 billion for the wealth tax alone. The projection was requested by the NDP finance critic Peter Julian if the wealthiest families would be taxed 1%...
In a blog post dated Friday, November 1, 2019, Google announced its acquisition of fitness tracking company Fitbit. The tech company acquired the wearables brand for $2.1 billion. News of the tech giant’s acquisition comes days after Reuters revealed...
Paytm, an Indian tech company for digital payments, e-commerce, and financial services, has recently reported that Paytm Money is introducing an investment and wealth advisory marketplace in partnership with WealthDesk. The service on the platform will provide retail investors with...
In a Government Accountability Office (GAO) study, it was revealed that Americans who live in poverty live “significantly shorter lives than the rich.” The study commission by Bernie Sanders evaluated a sample of United States residents. According to the...
Pharmacy store chain Walgreens is planning to close its more than 200 stores in the United States as part of its initiative to cut cost linked to management. Mother company Walgreens Boots Alliance announced the store closings after filing on...
Warren Buffet-backed Snowflake announced Wednesday, September 16, 2020, that its valuation more than doubled on the first trading day of its initial public offering (IPO) trading day. Following its successful trading day, the cloud data warehousing company raised nearly...
BlueSpring Wealth Partners, LLC announced its acquisition of Vector Wealth Management last Thursday, November 14, 2019. The firm reportedly acquired the registered investment adviser (RIA) company for a massive $1.1 billion. BlueSpring is the investment arm of Kestra Financial. Kestra...
New York Attorney General Letitia James announced Friday, September 13, that the Sackler family may have attempted to hide at least $1 billion in assets, following the growing number of lawsuits filed against them linked to their business Purdue...
While U.S. billionaires ask for increasing wealth tax, their European counterparts remain silent. The shifting political environment in the region has muted the region's ultrarich in joining their American peers. Left-wing politics has surged in the continent, fuelling anti-wealth sentiments....

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