Wealth
The trade war is rattling global business travel — 4 charts show how
Optimism in the global business travel sector has dropped by more than half this year, according to a report published by the Global Business Travel Association. Positive sentiment fell from 67% in November 2024 to 31% in April 2025, according to the report which surveyed more than 900 business travel professionals on the affect of […]
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The U.S. now has a third of the world’s millionaires and billionaires
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The U.S. now accounts for more than a third of the world’s millionaires and billionaires, as tech companies and startups mint […]
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A couple who’ve worked in the Maldives and Bali share how living in paradise differs from visiting it
From the Maldives to Bali to the Cayman Islands, Marc LeBlanc and Laura Robinson have lived and worked in places that most people dream of visiting. They work in the hospitality industry — a journey that LeBlanc, who is Canadian, began at 16 years old when he accepted a job as a dishwasher at a […]
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Here’s how many fake reviews Tripadvisor found on its website in 2024
Around 8% of the 31.1 million reviews submitted to Tripadvisor in 2024 were fake, according to the company’s “Transparency Report 2025.” That’s more than twice the number detected in 2022, according to company reports. But that doesn’t mean the number of fake reviews on the site doubled, said Becky Foley, vice president and head of […]
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Here’s JPMorgan’s summer reading list for the wealthy for 2025
Along with the list of 16 books, and increase from prior lists, which had 10, this year’s summer reading list also includes suggested summer experiences, from the Dataland exhibit at The Grand LA, to the SailGP racing series and the Hill Family Estate in Napa, California. “Life in Three Dimensions: How Curiosity, Exploration, and Experience […]
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The most common travel scams in 9 global cities
The travel industry is one of the sectors most susceptible to fraud, with scams rising 18% during the summer peak season and 28% in the winter peak season in 2024, according to a new report. The report, published last Tuesday by the Mastercard Economics Institute, showed that fraud related to travel agency and tour company […]
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David Adelman is leading the next generation of deal-hungry family offices
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Entrepreneur and family office founder David Adelman said family offices have a growing competitive advantage over venture capital and private equity […]
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Wealthy taxpayers get new breaks under House bill — along with a hidden tax hike
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. High earners would get a series of tax cuts in the latest House reconciliation plans , yet many could also be […]
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The world’s best airport is building a mega terminal to ride the travel boom in Asia
Asia is set to see a travel boom, and countries in the region are gearing up to exploit this surge in demand. Singapore’s Changi Airport on Wednesday broke ground on its fifth terminal, which is expected to be operational in the mid-2030s. The new terminal, which sits on a plot of land 1,080 hectares large, […]
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More than half of the summer’s top trending travel destinations are in Asia
Asia is home to more than half of this summer’s top 15 emerging travel destinations, according to a report released Monday by the Mastercard Economics Institute. Tokyo and Osaka topped the list, which compared summer flight bookings for 2024 and 2025 to find the places experiencing the most growth in travelers. The ranking shows continued […]
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