In 2026, Americans generally consider a net worth of around $2.3 million to be wealthy, with perceptions influenced by inflation and the need for sustainable income from investments, highlighting that wealth thresholds are evolving and depend on individual goals and age.
California is implementing a controversial plan to tax billionaires, aiming to address wealth inequality, but facing significant political and public debate over its implications and effectiveness.
Mega-rich Americans are shifting their wealth away from stocks and bonds towards cash and alternative investments, driven by market volatility and inflation fears, with notable figures like Warren Buffett and Peter Thiel increasing cash reserves and diversifying their portfolios.
In 2025, the world's top 500 billionaires added a record $2.2 trillion to their wealth, driven by market booms and political events, with a small group of billionaires capturing a significant share of the gains, highlighting ongoing global wealth inequality.
Prince William received approximately $31 million in 2025 from the Duchy of Cornwall, a significant estate providing his main income, along with inheritances from Queen Mother and Princess Diana, highlighting his substantial wealth as a future king.
Kimanzi Constable shares how reaching $1 million in wealth led to strained relationships with friends and family, prompting him to set healthy financial boundaries through therapy and ultimately prioritize his mental health and financial future over superficial relationships.
The AI boom in 2025 has significantly increased the wealth of US tech billionaires, adding over half a trillion dollars, with Elon Musk leading the gains as his net worth surpasses $645 billion, driven by AI investments and stock market growth, while other tech leaders like Larry Page, Jeff Bezos, and Jensen Huang also saw substantial increases.
The U.S. economy appears to be thriving for the wealthy, with strong demand for luxury goods and positive consumer spending among higher-income households, despite concerns about slower growth and rising unemployment that could impact lower-income groups. Administration efforts aim to boost wages and economic expansion through tax policies, but analysts warn that consumer spending may weaken if employment does not improve.
Winning the $1.6 billion Powerball jackpot won't make you a billionaire due to taxes, splitting the prize, and professional fees, leaving an estimated $128.5 million after deductions, making you a very wealthy individual but not a billionaire.
Elon Musk's net worth has surpassed $600 billion, making him the richest person in the world, primarily due to his stakes in SpaceX and Tesla, with his wealth increasing significantly after SpaceX's valuation soared and his $1 trillion Tesla pay package was approved.
Elon Musk's net worth has surpassed $600 billion, driven by SpaceX's new valuation of around $800 billion, making him the world's richest person. The company’s potential IPO could further increase his wealth, possibly making him the first trillionaire.
Despite the common perception, only 36% of American millionaires consider themselves wealthy in 2025, as many worry about outliving their savings and feel that $1 million is no longer enough to feel truly wealthy, with the rise of 'everyday millionaires' and increasing costs of the American dream.
Eli Weinstein, a convicted fraudster, was released early from prison by Donald Trump’s clemency and quickly resumed fraudulent activities, leading to a new wave of scams involving fake deals and deception, highlighting issues with the US clemency process and the persistence of white-collar crime.
Swiss voters overwhelmingly rejected a proposed 50% tax on inheritances of over 50 million Swiss francs, with 78% voting against, reflecting resistance to wealth redistribution efforts despite concerns about climate change funding and rising living costs.
A woman bragging about her salary to her wealthy cousin was embarrassed after discovering the cousin's true wealth, leading her husband to defend her and criticize her superficial attitude, highlighting that wealth isn't always visible and shouldn't be judged by appearances or assumptions.