Wealth
India's lab-developed diamonds may well be 'worth for dollars,' but purely natural diamonds won't get rid of their sparkle
Very similar to a natural diamond, a lab-developed diamond is graded primarily based on the 4Cs — clarity, coloration, slice and carat weight. Lionel Bonaventure | Afp | Getty Photos Desire for lab-developed diamonds in India has grown steadily, but naturally mined diamonds is not going to be losing their sparkle any time before long, […]
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Travelers want deals — in this article's the place to locate them, says HotelPlanner CEO
It is been a stellar calendar year for the journey marketplace, in accordance to Early morning Talk to. The market place exploration business, in a new report entitled “2023 Holiday getaway Travel Tendencies,” summarized the yr by stating: “leisure quantity soared, airplanes ended up packed, and resort bookings ended up substantial.” But heading into the […]
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Manhattan median rent falls for the first time in over two years
A view of clouds over Manhattan skyline in New York, United States on August 08, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency | Getty Images Manhattan rents fell for the first time in over two years, as the supply of empty apartments grew and renters held out for […]
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Ferrari's $400,000 Purosangue is a dream to drive. Just don't call it an SUV
The Purosangue, its name meaning “pure blood” or “thoroughbred” in Italian, comes with a 7.5 liter, V-12 engine. Source
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See inside Tennessee’s most expensive home at $65 million, just outside Nashville
This story is part of CNBC’s new quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. Twin Rivers Farm could break records as Tennessee’s priciest home if it fetches its $65 million asking price. The property is located just […]
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‘The great wealth transfer’ is here: Billionaires set to give trillions to their kids
In recent months, the world’s new billionaires made more of their fortunes from inheritance than from entrepreneurship, according to the UBS Billionaire Ambitions Report. It marked the first time in the nine-year history of the report that newly minted billionaires accumulated more wealth from inheritance than starting a business. Fifty-three heirs inherited a total of […]
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New billionaires acquiring loaded by way of inheritance rather than entrepreneurship in ‘great wealth transfer’
Super yacht moored at South Dock, at the coronary heart of Canary Wharf economical district on 7th February 2023 in London, United Kingdom. Mike Kemp | In Shots | Getty Pictures A new wave of billionaires acquired more wealth by inheritance than entrepreneurship throughout the very last year as a “great wealth transfer” picks up […]
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Luxury hotels move into Nashville as demand for rooms surges
Nashville is seeing an unprecedented surge in luxury hotels, with renowned brands such as the Four Seasons Hotel, the W Hotel and the Grand Hyatt opening their doors in Music City. More than 90 new hotels have been constructed in Nashville since 2013, contributing more than 14,000 rooms to the city’s accommodation offerings, according to […]
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Charlie Munger, investing genius and Warren Buffett’s right-hand man, dies at age 99
Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man at Berkshire Hathaway, has died at age 99. Munger died Tuesday, according to a press release from Berkshire Hathaway. The conglomerate said it was advised by members of Munger’s family that he peacefully died this morning at […]
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Family offices move money out of stocks and into private markets
Family offices now have more of their money invested in private markets than the public stock market — even as the market rallies — according to a new survey. A survey of North American family offices conducted by Campden Wealth and RBC found that family offices had 29.2% of their investments in private markets, which […]
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