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How private equity creates a "circle of pain" in the US economy

Apr 27, 2023
Private equity "is a major driver of the enormous gulf between rich and poor in this country," says author Gretchen Morgenson.
The private equity firm Blackstone Group, led by Stephen A. Schwarzman (center) is among the top buyers in leveraged buyouts over the last several decades.
Brendan Smialowski/AFP via Getty Images

Biden proposes minimum 20% tax on wealthiest American households

Mar 29, 2022
The plan would affect households that have more than $100 million in net worth.
Nicholas Kamm/AFP via Getty Images

A big number that poses big ethical questions

Apr 15, 2021
Grasping big numbers is a hard thing for humans to do, and that has implications for how we think about billionaires.
Jeff Bezos, seen in 2019, is currently worth $177 billion.
Saul Loeb/AFP via Getty Images

From boring to Bond: home security gets a 007 upgrade

Jul 10, 2019
Some people shell out up to $200,000 on luxury panic room doors.
A panic room hidden inside a home.
Steve Humble

A new report finds more big donors are giving big money to big institutions, but ...

Nov 20, 2018
What does this mean for the overall nonprofit sector, which is made up of small groups, too?

Time magazine may have time on its side now

Sep 17, 2018
With new billionaire owners in the wings, the iconic publication will have breathing room to focus on its future.
ERIC BARADAT/AFP/Getty Images

For public good, not for profit.

Billionaires will have to duke it out to dominate outer space

Apr 6, 2018
Private companies, not governments, are leading the quest to put people in space.
The SpaceX Falcon Heavy launches from Pad 39A at the Kennedy Space Center in Florida, on Feb. 6, 2018, on its demonstration mission. 
JIM WATSON/AFP/Getty Images

The 'bring your own billionaire' election

Aug 4, 2015
If you're running for president, it helps to have someone wealthy by your side.

How many billionaires are there in the world?

Apr 6, 2015
It might be fewer than you think.