Former US President Donald Trump has disclosed over $1 million in cryptocurrency, up to $250,000 in gold bars, and a portfolio that includes numerous golf courses and real estate holdings, according to newly released financial documents. The disclosures, filed as part of Trump’s Republican presidential campaign, offer a partial view of his assets and income.Highlights
(Bloomberg) — A wealthy client at Bank of America Corp. put up his fine-art collection so he could borrow enough to buy a sports franchise. Another posted his cache of 19th century American landscapes to renovate his estate. Such is the burgeoning world of art lending — where pieces are used to secure loans, allowing
Norway’s $1.7 trillion sovereign wealth fund has made a bold start to the year, growing by double digits, shedding its exposure to tech giants, and diving deeper into the crypto space. Norges Bank Investment Management fund, which reinvests income from the country’s oil reserves, appears to have significantly upped its indirect exposure to Bitcoin this
The all-American working man demeanor of Tim Walz—Kamala Harris’s new running mate—looks like it’s not just an act. Financial disclosures show Tim Walz barely has any assets to his name. No stocks, bonds, or even property to call his own. Together with his wife, Gwen, his net worth is $330,000, according to a report by the Wall Street
CFOTO | Future Publishing | Getty Images Despite recent dips, many longtime crypto investors could have significant gains. The price of bitcoin was still up about 49% year to date, while the price of ether has grown about 40%, as of midday on July 30. If you are expecting a lower-income year for 2024, it
Tess Waresmith’s first major investment was a small single-family home in Tampa, Florida. She put 20% down on the $84,000 property and rented it to a long-term tenant. She simultaneously hired a financial advisor to invest some of her savings in the stock market. If she could go back, Waresmith says she would’ve prioritized stock
The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state’s attorney general said Tuesday. Phillips agreed to the ban in May, three months after a jury found him liable in a scheme to have the influential gun rights organization
Caption: Left: Portrait of Jasmine Rashid by Maya Minhas. Right: Book cover for the Financial … [+] Activist Playbook (Berrett-Koehler Publishers, available September 10, 2024) Jasmine Rashid, Berrett-Koehler Publishers) How does someone become the first in their family to build generational wealth… without doing so at the expense of marginalized communities? How do recent grads
BofA’s 2024 Study of Wealthy Americans surveyed more than 1,000 people who had at least $3 million in household investable assets, and found that 72% of those aged 43 and younger were “skeptical” about solely investing in traditional assets. Conversely, just 28% of those aged 44 and above were cautious about holding all of their
Curious how much wealthier residents shell out for secondary homeownership costs like property taxes and home maintenance? I’m a Self-Made Millionaire: Here’s My Monthly Budget It depends on many factors of course, but here are a few patterns and extra costs you may not have considered. What Do Millionaires Pay in Property Taxes? “Property tax