Wealth

Austrian Marlene Engelhorn, who inherited from her family who owns the Germany’s chemical giant BASF, poses with a placard reading “Tax the rich!” at the entrance of the Congress center on the opening of the annual meeting of the World Economic Forum (WEF) in Davos, on January 15, 2024. (Photo by Fabrice COFFRINI / AFP)

Pandemic-era lockdowns ushered in the rise of “travel experiences” — or meaningful, purpose-driven activities that take a deeper, and often slower, dive into a destination. It’s not enough to simply go to a place anymore; many want to learn about it and be mentally transformed along the way. If that sounds like a tall order

1967 Porsche 910 Source: Bringatrailer.com Bring a Trailer, the popular online auction site for collectible cars, posted record sales in 2023, even as classic-car prices hit the skids. Bring a Trailer’s sales increased about 2% last year to over $1.4 billion from $1.35 billion in 2022, according to the company’s CEO Randy Nonnenberg. Bring a

The Israel-Hamas war is affecting travel across the Middle East and beyond. International arrivals to the region grew in the fourth quarter of 2023 — mainly owing to an increase in visitors to Saudi Arabia — to a level that matched 2019 numbers, according to the travel data company ForwardKeys. But it’s a far cry

Having imposter syndrome isn’t fun — but it can be the key to unlocking your potential, according to Barbara Corcoran. In a recent TikTok video, the 74-year-old real estate millionaire said professionals should be grateful to have such self-doubt. “If you’re struggling with imposter syndrome, good for you,” she said. “Thank the Lord in heaven

Amazon might be a $1.5 trillion “everything store” today. In the beginning, it was just books — and Jeff Bezos had a reason for that hyper-specificity. Bezos explained why he chose to only sell books on his website — at least, at first — in a “lost” video interview recorded at a Special Libraries Association

Six countries have earned the title of the most powerful passports in 2024 — with all of them granting visa-free travel to 194 out of 227 destinations. Four EU member states now share crown with Singapore and Japan as the number one passport in the quarterly Henley Passport Index. They are: Spain, Germany, France and

Social media posts by Maldivian officials may cost the country millions in tourism revenue, as calls by Indian travelers to boycott the island nation intensify.   “We are seeing a 40% drop in bookings over the last two days,” Ankit Chaturvedi, vice president and global head of marketing at the India-based travel software company Rategain,

Shapecharge | E+ | Getty Images If you’re itching to save more for retirement, there are higher 401(k) contribution limits for 2024. But there are a few things to consider before maxing out your plan, experts say. For 2024, you can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an

A post-pandemic surge in international travelers, coupled with weak exchange rates, may have indirectly ended one of Japan’s most beloved travel deals: the Japan Rail Pass. Prices for the JR Pass, as it’s known, increased roughly 65%-75%, in October 2023. But there are still rail deals to be found — especially for those going beyond

Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist’s first known nude, at the Christie’s auction house in Paris on May 18, 2022. Emmanuel Dunand | Afp | Getty Images Wealthy, young collectors in Asia have been fueling demand for art — particularly

The airline industry’s dramatic climb from the depths of the pandemic may be ending soon. A review of multiple reports shows stabilization across several key metrics, as rapid growth ends and a new era of normalcy begins. “2024 is expected to mark the end of the dramatic year-on-year increases that have been characteristic of the

Mark Cuban says smart businesses embrace diversity, equity and inclusion. That’s a stance at odds with some recent high-profile skepticism of the organizational framework from fellow billionaires Elon Musk and Bill Ackman. “Let me help you out and give my thoughts on DEI,” Cuban told Musk on X, formerly known as Twitter, on Wednesday. “Good

Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | Afp | Getty Images Gautam Adani is the richest person in Asia again, according to Bloomberg Billionaires Index’s updated figures Friday.  The founder and chairman of the Adani Group regained pole

Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images The average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary by 1 p.m. London time on Thursday, according to estimates from the High Pay Centre think tank. The

Being a millionaire businesswoman and investor comes with lots of hard work and even more responsibility. Barbara Corcoran’s calendar system helps her stay productive. The 74-year-old “Shark Tank” star says that success starts with putting pen to paper. That may seem counterintuitive, given the plethora of online scheduling websites and mobile apps available today. “Most

Skyline of Riyadh in Saudi Arabia. Simon Dawson | Bloomberg | Getty Images Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, accounting for about a quarter of the $124 billion splashed by state-owned investors, according to a preliminary report by research consultancy Global SWF. The Saudi

When Ricardo Schmitz’s brother was visiting him in Vilnius, Lithuania, the pair went for a wintertime walk at midnight — something he said they would never do back home in Brazil.   “My brother hadn’t seen snow since he was a kid, so he was super excited. We walked from midnight to 3 a.m.,” Schmitz

Nothing about flying is as exasperating as getting your flight delayed, cancelled or disrupted. Arriving at or departing from a destination on time is one of the most important considerations a traveler takes before deciding whether to book a subsequent flight from the same airline. Latest results from travel data analytics firm Cirium revealed that

Student debt rose to $1.6 trillion Student loan borrowers spent the first half of the year hoping to see their balances reduced, if not erased, by the end of the summer. Many spent the second half of the year scrambling to figure out how they were going to resume making payments.  By the end of