Some ideas are born on Ivy League campuses. Others, at a California Pizza Kitchen.That's where Mark Cuban and his college friend Todd Wagner were in 1995, eating lunch and talking about Indiana University basketball. They lived in Dallas, and had to listen to games on the phone with someone physically...
Category: Wealth
IRS aims to close ‘inequity gap’ for unpaid taxes. How the agency targets top earners for audit
IRS Commissioner Daniel Werfel testifies before the Senate Finance Committee on April 19, 2023.Chip Somodevilla | Getty ImagesThe IRS will continue to crack down on top earners who haven't paid taxes owed — and certain returns may see increased scrutiny, experts say."We are working to reverse the historically low audit...
A shopping trip taught Barbara Corcoran a valuable career lesson: ‘7 simple words made me a much nicer person’
Barbara Corcoran turned an unpleasant retail experience into a business lesson she still uses today.Years ago, while shopping with her brother, the millionaire co-star of ABC's "Shark Tank" encountered a sales associate who left a bad taste in her mouth, she said in a recent TikTok video."[I was] trying to...
BRICS nations to see highest surge in millionaire count over the next decade — exceed the rise in G7 countries
(L to R) Brazil's President Michel Temer, Russia's President Vladimir Putin, China's President Xi Jinping, South Africa's President Jacob Zuma and India's Prime Minister Narendra Modi pose for a group photo during the BRICS Summit on September 4, 2017.Wu Hong | Afp | Getty ImagesMillionaire population in the BRICS countries...
Bill Gates: Here’s the 1 question I’d ask a time traveler about the future
If Bill Gates met a time traveler from the year 2100, his first question wouldn't be about his family, or Microsoft's stock price.Instead, he'd ask: Are humans thriving? "In the end, it's all measured through human welfare," Gates said on the most recent episode of his podcast, "Unconfuse Me."In the...