#wealth-distribution

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#philanthropy #billionaires #bill-gates #economic-inequality #global-economy #millionaires #income-inequality
Artificial intelligence
fromFuturism
5 days ago

Tech Billionaires Have No Answer for What'll Happen If AI Takes All Jobs

Widespread AI automation risks mass job displacement and concentrates productivity gains, leaving unresolved political questions about how wealth will be distributed.
US news
fromFortune
1 month ago

Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind | Fortune

Baby boomers control a disproportionate share of U.S. household wealth—about 31% and over $85 trillion—far exceeding younger generations.
fromBusiness Insider
2 months ago

Google is hiring an economist to understand how advanced AI could affect our wallets

You will lead a new area of research, exploring post-AGI economics, the future of scarcity, and the distribution of power and resources in a world fundamentally reshaped by advanced AI,
Artificial intelligence
Business
fromFortune
3 months ago

As billionaire wealth soars $33 trillion, Mark Cuban says it's time for workers to receive a cut of their employers' success in the form of stocks | Fortune

Companies should grant employees equity proportional to CEO cash earnings so retail investors and workers share the gains from rising stock values.
History
fromOpen Culture
3 months ago

The Gilded Age: A Free Historical Documentary That Helps Make Sense of Our Own Fraught Times

The Gilded Age featured rapid industrial growth, extreme wealth inequality, concentrated corporate power, political corruption, and fierce debates over wealth distribution and government's purpose.
Real estate
fromBusiness Insider
4 months ago

5 ways of looking at the richest neighborhoods in the country

Affluence varies by metric: costly housing clusters in California, New York, and Florida, while income and other measures reveal wealthy enclaves and Mountain West prosperity.
fromLondon Business News | Londonlovesbusiness.com
5 months ago

Inheritance tax squeeze is coming as deVere warn Reeves' plans could widen the net - London Business News | Londonlovesbusiness.com

"Inheritance tax is the most resented tax we encounter - and for good reason. It's viewed as a double taxation on assets that have already been earned, saved, and taxed over a lifetime."
UK politics
Wearables
fromFortune
5 months ago

'Something weird's going on' in the economy as 6 new economic classes take shape, says New York Times bestselling author

Nick Maggiulli categorizes American wealth into six levels, with the upper middle class undergoing unique challenges and significant growth in recent years.
US politics
fromFortune
5 months ago

I've helped some of New York's wealthiest ramp up their giving. Zohran Mamdani's rise reveals the urgency - and opportunity - for all of us to meet the moment

Zohran Mamdani's victory reveals a societal shift towards rejecting the elite and confronting economic inequality across the political spectrum.
fromHackernoon
5 months ago

In Defense of Billionaires: Why the World Needs More of Them | HackerNoon

If we want progress-real, sustainable, transformative progress-we need more billionaires. Not the ones who sit atop dynasties of inherited wealth. Not the extractors.
Venture
US politics
fromFortune
6 months ago

High income taxpayers in California and New York set for a SALT windfall in 2016

New tax legislation primarily benefits wealthy taxpayers in high-tax states by significantly increasing the SALT deduction cap.
#millionaires
fromFortune
6 months ago
NYC real estate

The American Dream is alive and well: The number of 'everyday millionaires' is soaring, with over 1,000 people joining the ultra-wealthy club daily

fromFortune
6 months ago
NYC real estate

The American Dream is alive and well: The number of 'everyday millionaires' is soaring, with over 1,000 people joining the ultra-wealthy club daily

more#millionaires
fromNon Profit News | Nonprofit Quarterly
4 years ago

A Primer for Participatory Grantmaking - Non Profit News | Nonprofit Quarterly

Participatory grantmaking may be a new trend in philanthropy, but community-driven giving practices have been around since the beginning of time. These practices provide valuable lessons for philanthropy, particularly from those historically marginalized in it.
Fundraising
E-Commerce
fromFortune
6 months ago

The Rise of the Everyday Millionaire, or the EMILLI

The number of Everyday Millionaires (EMILLIs) has increased dramatically, growing from over 13 million in 2000 to nearly 52 million by 2024.
US politics
from24/7 Wall St.
6 months ago

Connecticut's Opulent Suburbs Can't Conceal Urban Poverty: Poorest City in Every US State

Connecticut exhibits significant income inequality, with affluent areas adjacent to those suffering poverty.
US politics
fromFortune
6 months ago

No tax on tips sounds great until you explore the history-as many will soon discover

Rangel was a pivotal figure in U.S. politics, instrumental in tax policy affecting wealth distribution and social stability.
#inheritance
from24/7 Wall St.
6 months ago
Relationships

My Sister And I Could Inherit $10m, But My Family Is Strange With Money

A Reddit user feels entitled to his grandmother's wealth, expressing frustration over the family financial dynamics.
from24/7 Wall St.
7 months ago
Retirement

My Step Sibling Asked to Share My $4 Million Inheritance. What should I do?

Inheriting money can change relationships; feeling guilty about sharing is common, but not mandatory.
Retirement
from24/7 Wall St.
7 months ago

My Step Sibling Asked to Share My $4 Million Inheritance. What should I do?

Inheriting money can change relationships; feeling guilty about sharing is common, but not mandatory.
more#inheritance
US politics
fromThe Atlantic
6 months ago

With the Big, Beautiful Bill, You Can Now Sponsor a Billionaire of Your Choosing

The article satirizes wealth distribution, depicting a fictional bill that humorously reallocates funds to billionaires instead of public needs.
US politics
fromSFGATE
6 months ago

U.S. Is Set To Gain a Record 7,500 of the World's Millionaires-and This Sun-Soaked State Is Red-Hot

Foreign millionaires are migrating to the U.S. in unprecedented numbers despite economic volatility and geopolitical tensions.
NYC politics
fromFlowingData
7 months ago

Republican bill's effects on household income, by income group

The proposed bill raises incomes for the wealthy while decreasing them for the poor, defying historical trends.
#billionaires
from24/7 Wall St.
7 months ago
London startup

From Mexico City To Moscow: The Global Cities With The Most Billionaires

The world's billionaires are concentrated in just a few countries but are spread across numerous cities, showing diverse sources of wealth.
from24/7 Wall St.
8 months ago
European startups

From Monaco To Mexico: The Countries Where The Most Billionaires Live

The number of billionaires has tripled in 15 years, with the average wealth increasing significantly.
Many billionaires are concentrated in just a few countries, indicating unequal wealth distribution.
London startup
from24/7 Wall St.
7 months ago

From Mexico City To Moscow: The Global Cities With The Most Billionaires

The world's billionaires are concentrated in just a few countries but are spread across numerous cities, showing diverse sources of wealth.
more#billionaires
from24/7 Wall St.
7 months ago

Is Leaving Your Children Out of Your Will the Right Choice?

Creating a will becomes even more challenging with complicated family dynamics. Yet it's essential to make difficult decisions about dividing your estate, especially as you approach retirement.
Retirement
#philanthropy
fromstupidDOPE | Est. 2008
8 months ago
Fundraising

Bill Gates to Close Foundation and Give Away Nearly All of His Fortune by 2045 | stupidDOPE | Est. 2008

Bill Gates plans to fully dissolve the Gates Foundation by 2045, committing his wealth to philanthropy and social issues.
fromA Philosopher's Blog
8 months ago
philosophy

Philanthropy

Philanthropy by billionaires often serves personal interests rather than genuine generosity, raising ethical questions about the motives behind their charitable giving.
more#philanthropy
#bill-gates
fromSFGATE
8 months ago
Silicon Valley real estate

Bill Gates Say He Will Give Away 'Virtually All His Wealth' Within 20 Years-Does That Include His $130 Million Mansion?

Bill Gates plans to disband the Gates Foundation in 20 years to donate nearly all his wealth.
He intends to focus on urgent global issues without a legacy mindset.
from24/7 Wall St.
8 months ago
Startup companies

Bill Gates Net Worth Rises $10 Billion

Bill Gates plans to sunset his foundation while giving away $60 billion over the next 20 years.
Silicon Valley real estate
fromSFGATE
8 months ago

Bill Gates Say He Will Give Away 'Virtually All His Wealth' Within 20 Years-Does That Include His $130 Million Mansion?

Bill Gates plans to disband the Gates Foundation in 20 years to donate nearly all his wealth.
He intends to focus on urgent global issues without a legacy mindset.
more#bill-gates
World politics
fromFuturism
8 months ago

Scientists Just Found Who's Causing Global Warming

The wealthiest 10% of the global population are responsible for two-thirds of climate warming since 1990.
France news
fromThe Local France
9 months ago

France wants to make one-off wealth tax permanent

France's economy minister seeks to make a temporary tax on high earners a permanent measure for equitable government financing.
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