Wealth

Years before co-founding Salesforce, CEO Marc Benioff started his career like a lot of people do – as an intern.  Benioff’s first step on the corporate ladder was far from typical. His Apple internship placed him in close proximity to tech icon and company co-founder Steve Jobs. And the future CEO’s “first boss” was Guy

In this article TSLA SpaceX founder and Tesla CEO Elon Musk holds a helmet as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk unleashed a torrent of stock sales, options exercises, tax payment sales and gifted shares last year totaling nearly

Odds are high that you know at least one millionaire. More than 1% of the world’s adults have enough assets to fit the definition, according to the Credit Suisse 2021 Global Wealth Report. Chris Hogan, radio host and author of the book “Everyday Millionaires,” surveyed more than 10,000 of those wealthy individuals to figure out

More wineries in France are opening to visitors, said a French wine tourism expert.   Of France’s 87,000 wineries, only 13% were open to the public five years ago, said Martin Lhuillier, head of wine tourism at Atout France, the country’s tourism development agency. Now, many more have opened their cellar doors for tours and

In this article KER-FR Shoppers wait in line to enter a Gucci store on Fifth Avenue in New York, U.S., on Saturday, May 22, 2021. Victor J. Blue | Bloomberg | Getty Images LONDON — The chief executive of French luxury group Kering expects fashion label Gucci to continue to deliver growth for the company

Escalating vaccine mandate protests near the Canada-U.S. border — known as the “Freedom Convoy” — have sent Canada into a state of emergency. They’re also affecting the price of a variety of goods for Americans. What started in January as a protest against new vaccine requirements for truckers crossing the border into Canada from the

Prasit photo | Moment | Getty Images The U.S. wealth management industry is poised to grow by about 5% annually over the next five years, while certain segments of the investor population are positioned to see the biggest boost, according to a new report from McKinsey & Company. Three investor sub-groups, in particular, are showing

In this article TMO Millions of people are now vaccinated, boosted and newly recovered from Covid-19 infections caused by the omicron variant. They have what some outside the medical community have labeled “super immunity.” And many are ready to see the world again. Though the term carries an air of invincibility, medical experts disagree about

French luxury goods brand Hermes said Friday it has “no strategy” to significantly increase prices or expand production of its prized products despite disappointing fourth quarter results which saw supply fail to meet demand. Speaking to CNBC, CEO Axel Dumas said the company’s hand-crafted production model means it is less exposed to inflationary pressures, such

In this article EL-FR WRBY A worker dusts a display of Ray-Ban sunglasses, manufactured by EssilorLuxottica, in a store in Barcelona, Spain, on June 30, 2021. Bloomberg | Getty Images Eyewear company Warby Parker is at an inflection point in its 12-year history.  The firm has been credited with being a leader in direct-to-consumer, a

Valentine’s Day is almost here, and marriage is all the rage. According to the Wedding Report, there will be some 2.5 million weddings this year — the most since 1984. As an economist, I’m all for it: Marriage beats partnering long-term. I’m no expert on how to meet the love of your life; my goal

LONDON, UNITED KINGDOM — FEBRUARY 03: The 555.55 Carat Black Diamond known as “The Enigma” is seen at British auction house Sotheby’s, in London, United Kingdom on February 03, 2022. Anadolu Agency | Getty Images LONDON — A billion-year-old black diamond, which is thought to be the largest cut in the world, was bought using