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Wealth

NYC's current housing market compared to its housing market in 2001 - Business Insider

The industry sees the two crises as very similar, except 9/11 impacted only New York's housing market, whereas the pandemic is national and global.

Most expensive home for sale in US gets $50 million price chop: PHOTOS - Business Insider

Once listed for $350 million, the Chartwell Estate is now the most expensive home ever sold in California and the second-priciest ever sold in the US.

The richest place in every state in the US - Business Insider

The richest town in the entire US is a Silicon Valley enclave where the median income is over $250,000 and the typical home is worth over $2 million.

Tech moguls like Jeff Bezos and Mark Zuckerberg would lose billions under Elizabeth Warren's tax plan

Senator Elizabeth Warren's tax plan requires billionaires to pay a small percentage of their net worth on an annual basis.

I spent 5 years analyzing how rich people get rich, and found there are generally 4 paths to wealth

I spent five years interviewing millionaires, trying to figure out how they amassed their wealth. After analyzing my research, I had some idea.

Why the net worths of Hong Kong's billionaires are the most volatile

Hong Kong's wealthiest residents enjoy the greatest profits when the markets are bullish, but experience the steepest losses during market routs.

The 1% has so much money they literally don't know what to do with it

Top earners are holding record amounts of money: $303.9 billion to be exact — far more than the $15 billion they held before the recession.

A third of the people in this European country are millionaires

Of the 38,300 people who live in Monaco, a tiny city-state on the French Riviera,12,261 of them are millionaires.

One brutal sentence captures what a disaster money in America has become

"The bottom half of Americans combined have a negative net worth," Ben Steverman wrote in a recent Bloomberg article based on research of economists Emmanuel Saez and Gabriel Zucman.

15 wild facts about Monaco, where 32% of residents are millionaires

With an area of 0.78 square miles and a population of 38,300, it's one of the densest countries in the world. One in three people is a millionaire.

Here's a scientific explanation for why rich people think they're better than everyone

People born into higher social classes are overconfident and have "an exaggerated belief" that they'll perform better than others, a study finds.

Rich people keep buying things that aren't actually functional to show off their wealth

Opportunity costs, time, and afunctionality are a few of the things creating and maintaining status symbols, according to author Jonah Berger.

7 money lessons you can learn from the way Michael Jordan makes and spends his fortune

Michael Jordan has a net worth of almost $2 billion. While he was paid millions during his basketball career, Jordan continued to grow his fortune after retirement.

Class in America isn't just about money, find survey data

While class and wealth are relative, a shrinking middle class, increased living costs, and debt contribute to their differences.

An early retiree asked millionaires to share their investing mistakes

Early retiree John thinks many high-earning people, including himself, often fall into a trap early in their careers that breeds overconfidence.

9 mind-blowing facts that show just how wealthy Jeff Bezos, the world's richest man, really is

Jeff Bezos is the richest person on the planet. Worth an estimated $121 billion, the Amazon CEO is $16 billion richer than the world's next-richest person, Bill Gates.

How Americans of every class would spend an extra $1,000

A recent INSIDER and Morning Consult survey asked Americans who self-identified with a socio-economic class how they would spend an extra $1,000.

More Americans making $100,000 think they're working class than rich

Some six-figure earners think they're working class — more than those who think they're rich, according to an INSIDER and Morning Consult survey.

Taylor Swift's net worth is over $320 million — see how she spends it

Taylor Swift's just dropped a new single and video, titled "ME!" Swift's net worth is reportedly $320 million — see how she spends her fortune.

Forget coffee and avocado toast — most people blow nearly 40% of their money in the same place

To save more money, you have to cut back in the areas where you're spending the most.

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