Wealth

Hollie Adams/Bloomberg via Getty Images President Joe Biden has consistently pledged not to raise taxes on households making less than $400,000 a year. Whether his tax proposal keeps or breaks that promise depends on one’s frame of reference. Primarily, it’s a question of how an observer considers a taxpayer earning less than $400,000 who has
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There’s no public real estate listing for Penthouse B atop London’s super luxury high-rise One Hyde Park. The 18,000-square-foot mega-apartment in the city’s ultra-exclusive Knightbridge section is quietly being offered for sale as a whisper listing. Details of the hushed sale are currently only shared by brokers to prospective buyers via word-of-mouth or discovered in
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Bill Gates’ annual summer reading list has a theme for 2021: “the complicated relationship between humanity and nature,” he writes in a blog post announcing the list, released Monday. “Maybe it’s because everyone’s lives have been upended by a virus,” Gates writes. “Or maybe it’s because I’ve spent the last couple months talking about what
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As some nuclear power companies continue to shut down nuclear reactors for reasons ranging from economic woes to safety concerns, Bill Gates is bullish on nuclear power as a clean energy solution to climate change. Gates, who is also an investor in nuclear power, told the Nuclear Energy Institute’s Nuclear Energy Assembly on Wednesday that
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Today, William Tanuwijaya is a formidable force. As CEO of e-commerce site Tokopedia, the 39-year-old is one-quarter of the leadership of the newly- merged GoTo Group — Indonesia’s most valuable technology company. But his business may never have come to be if it weren’t for his determination in the face of critics. “Tokopedia’s story almost
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Jack Taylor | Getty Images News | Getty Images Cryptocurrency is known for volatility and some experts say crashes tend to happen on weekends. “This has been a phenomenon in crypto for several years,” said Stephen McKeon, associate professor of finance at the University of Oregon in Eugene, Oregon, and partner at Collab+Currency, a cryptocurrency-focused
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When it comes to fame and infamy, former Theranos CEO Elizabeth Holmes has apparently cornered the market. Internet sellers are cashing in on mugs, T-shirts and even shower curtains in the weeks before her criminal fraud trial starts in August. A review of online stores shows more than 50 listings of Holmes and Theranos merchandise
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Kevin Aluwi and William Tanuwijaya recently made Indonesian history. As founding members of GoTo Group, the 30-somethings are responsible for creating Indonesia’s newest and most valuable tech company after merging their ride-hailing and e-commerce start-ups in the country’s biggest-ever business deal. The combined entity contributes 2% to Indonesia’s GDP via its various business lines including
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Billionaire Jack Dorsey, co-founder of Twitter and Square, is extremely bullish on the future of bitcoin, the largest cryptocurrency by market value. “Bitcoin changes absolutely everything,” Dorsey said Friday at the Bitcoin 2021 Conference. “I don’t think there is anything more important in my lifetime to work on.” In fact, “if I were not at
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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,
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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
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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
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