Stock market information displayed at the Nasdaq MarketSite in New York, US, on Monday, Aug. 5, 2024. Michael Nagle | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your … Read more
Minnesota Governor Tim Walz in the Governors Reception room in the State Capitol Wednesday, November 30, 2022 St. Paul, Minn. Star Tribune Via Getty Images | Star Tribune | Getty Images How Minnesota’s child tax credit stacks up Described by Walz as a “signature accomplishment,” Minnesota’s refundable child tax credit was $1,750 per child for … Read more
Smiling businessman with laptop and credit card in a restaurant in the evening Pixelfit | E+ | Getty Images India is expected to see the fastest growth in ultra high net worth individuals globally over the next few years, according to consultancy Knight Frank. Earlier this year, India’s financial center, Mumbai, overtook Beijing to become … Read more
UNESCO’s World Heritage Committee named a site in the Gaza Strip — Saint Hilarion Monastery, or Tell Umm Amer — to both its “World Heritage” and “World Heritage In Danger” lists in late July. The decision, made during the 46th session of the World Heritage Committee held in New Delhi, India, reflects the ancient monastery’s … Read more
U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024. Erin Schaff | Via Reuters Vice President Kamala Harris’ personal financial records are under fresh scrutiny now that she is running for the highest office in the United States. Experts say recent tax … Read more
Jeff Bezos at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. David Grogan | CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your … Read more
Jenny Hunnicutt poses in front of the Royal Caribbean Ultimate World Cruise, which she’s been on for nearly nine months traveling the world. While on board, she’s working remotely for her writing and consulting business based in Florida. Courtesy: Jenny Hunnicutt Income made ‘worldwide’ is taxable Despite a Bahamas flag flying atop the Serenade of … Read more
Years ago, the manager of a hotel in Koh Samui, Thailand told me about an unusual booking that he once received during the middle of the night. A traveler had flown his entire family via private jet from Brunei to the Thai island after learning upon landing in Brunei that it is a “dry country” … Read more
Aerial view of cityscape and skyscraper at sunset in Dubai Marina. Lu Shaoji | Moment | Getty Images The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report. At the same time, the U.K. – already the source … Read more
Asian businessman drinking in a luxury car. Weiquan Lin | Moment | Getty Images China’s ultra-wealthy population — people with a net worth of at least $30 million — is expected to increase by almost 50% in a few years, according to projections in a recent Knight Frank wealth report. At a time when China’s … Read more
