Cultivating the Affluent

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Wealthy N.Y.C. Family Feuds Over $258 Million Madison Avenue Sale

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All of the parties are bold-faced names in Northeastern social and cultural circles.

These Billionaire Owners Of Luxury Hotels Plan To Start Cruise Ship Operators

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There's a new wave of high-end luxury cruising operators targeting the wealthy.

U.S. Is No Longer The Millionaire Magnet It Was Before The Pandemic

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Wealth is fleeing most major U.S. metros in favor of mid-sized, Sun Belt cities.

Elon Musk Nears World's Richest Title Again

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A 70% surge in Tesla's share price is pushing Musk back towards the top of lists of the world's wealthiest people.

New York Risks Losing Wealthiest Over High Taxes, Comptroller Says

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Increased outlays on education, pensions and healthcare threaten to blow multibillion dollar holes in New York's finances.

One Of World's Richest Families Is Building An Investment Firm

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The wealth managed by North American family offices has grown to an estimated $182 billion, according to a November study.

Who Is Bernard Arnault, The World's Richest Person?

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The tycoon behind luxury-goods powerhouse LVMH surpassed Elon Musk on the Bloomberg Billionaires Index.

Secretive Shein Founders Build $40 Billion Fortune In Rapid Fashion

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Its rise of Shein and its controversies have grabbed the fashion world by the lapels.

Young Adults Living With Parents Fuel Luxury Boom, Morgan Stanley Says

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U.S. Census data shows nearly half of all young adults ages 18 to 29 are living with their parents.

John Paulson Seeks To Shut Down Wife's Suit Alleging Hidden Billions

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Paulson filed for divorce from his wife of 21 years over a year ago.

How to Run A Family Office Like An Agnelli

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Family can be your strength; it can also be your undoing.

Ex-Harvard Coach, Telecom CEO Go On Trial In Admissions-Bribery Case

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The case has echoes of the “Varsity Blues” bribery scandal.

Boone Pickens Texas Ranch Sells After Price Cut To $170 Million

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The sprawling Texas ranch of the late oil billionaire has found a buyer.

UBS Backtracks On CEO's Plan To Reach Wider Swath Of Wealthy U.S. Clients

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The firm walked back plans after abandoning a deal to buy robo-advisor Wealthfront.

Jaguar Land Rover Cuts U.K. Production On Chip Shortages

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The manufacturer will cut production of the Range Rover Velar and Jaguar F-Pace models.

It Was A Brutal Election Year For Self-Funding Candidates

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Mehmet Oz poured $23 million into his Senate campaign. Democrat Trudy Busch Valentine spent $10.4 million.

Bankman-Fried Courted Legislators And Regulators. Now, They're Shunning Him

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All of the FTX co-founders supporters seem to have evaporated in the wake of his firm's bankruptcy.

Chrysler Building Tycoon's Wife Gets £37.5 Million Divorce Award

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Alvina Collardeau-Fuchs is the estranged wife of Michael Fuchs, co-owner of Manhattan's Chrysler Building.

Billionaire Steve Ballmer Invests $400 Million In Black Fund Managers

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Most of Ballmer's $85 billion fortune is tied to shares of Microsoft.

A 27-Year-Old Is Taking On Big Banks To Lure Mega-Rich Families

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Jasper Lau, who started 8090 Partners, got his break in business through YouTube.

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