According to ATF, a human rights organization and long-term advocate of stricter taxation of ultra-rich Americans, US billionaires added $1.3 trillion to their wealth during the pandemic. At the same time, the survey provided by ATF revealed that over 80 million citizens in the United States lost their jobs due to the COVID-19 pandemic. No wonder the American society is filled with hatred towards their wealthy fellow citizens.
Rockefeller's name has long become synonymous with the word "billionaire". The representative of the wealthiest clan in the world made his first $1.5 billion on oil deals. The Rockefeller family business has been booming since 1882. As of the end of 2020, the clan's fortune was estimated at $8.4 billion. Now the family business is represented by Rockefeller Capital Management (RCM). The investment company is engaged in managing the assets of corporations and a number of wealthy families. Experts recommend taking a closer look at the top five stocks in the RCM portfolio
NFT or a non-fungible token is the main trend in the blockchain sphere. Investors are becoming more interested in digital art. According to experts, this segment accounts for 30% of the non-fungible token market. In the near future, digital art could become even more popular
China does not lose hope to catch up or even outperform Tesla, the leading US electric car maker. More and more Chinese tech companies strive to dethrone Tesla. Some of them have to work really hard to achieve this ambitious aim while others may pose a real threat to the giant of the electric car market. Currently, in China, only Xiaomi can be a serious competitor for Tesla. This is why few were surprised when the company announced its plan to create its own electric vehicle
Time and again Warren Buffett, the American billionaire, proved to have an eye for profitable investments. Another proof of that is skyrocketing of shares of RH, an upscale furniture producer. Its shares amount to almost 0.3% of the Buffett's portfolio, and over a year they appreciated nearly sevenfold.
According to analysts, the year 2021 is the best and most gainful time for private banking customers. Large speculators have an opportunity to invest in many potentially profitable areas. Experts recommended speculators invest in green energy, space technologies, and the shares of big Chinese companies
Currently, Tesla shares are quoted at about $630 apiece. However, Tesla Inc. could quadruple its share price by 2025. This optimistic outlook for the manufacturer of electric vehicles comes from Cathie Wood, a recognized Wall Street guru
Danish Red Cross was the first to issue catastrophe bonds. They are designed to raise money for companies in the insurance industry in the event of volcanic eruptions. Such bonds will cover risks of the eruption of 10 active volcanoes located on three continents.
Ray Dalio is called "the Steve Jobs of investing". He has a net worth of $18 billion. Since its inception, his Bridgewater Associates has generated over $46 billion in net gains. What is the secret of Dalio's success? What are companies and shares he chooses to invest in? Let us analyze the investment portfolio of the most successful hedge fund manager in history
The year 2020 is sure to be stepped down in history as the most challenging one because of the coronavirus pandemic. Some businesses became bankrupt, whereas others managed to benefit from the devastating epidemiological situation. There were entrepreneurs that brought a number of innovations in our everyday life. Let us take a look at seven leaders of the post-pandemic era
Many companies stay in the background of corporate giants and are overlooked by investors. However, they have significant growth potential, with their stocks likely to generate huge returns in the future. Experts name three such companies whose shares may explode in 2021.
There is an increasing interest in cryptocurrencies among market participants. Digital assets are in the focus of major investors. That is why the largest virtual currency, bitcoin, is breaking records. Other crypto assets are following suit, giving investors hope for high profits. Experts note three key trends in the cryptocurrency sphere that are relevant this year