Wealth

The Tax Cuts and Jobs Act sharpened the decline in a tax rate paid by America's 400 wealthiest families, a new analysis shows.

South Africa is grappling with a wave of violence that has largely targeted foreign nationals from other African countries.

"The key thing to remember is there is a knock-on effect as spending power leads to greater demand and new development, which creates a virtuous cycle. In this way, closing the wealth gap for Black Americans, positively impacts the wider U.S. economy too," Temerlies told Newsweek.

The French businessman helms the worlds largest luxury goods company.

Each year, a slew of financial documents give the public a glimpse into royal spending.

"It's a lack of good governance. A lot of it is being driven by stock prices, mostly because there's a flawed sense of pay for performance," Larry Mishel told Newsweek.

The congresswoman took the common tropes about being poor to task in a thread on Twitter Saturday.

Vermont Senator Bernie Sanders has been compared to President Donald Trump for failing to release his full tax returns, but he said he will by April 15.

Beto O'Rourke ranked 51st out of 435 members in the House of Representatives in terms of wealth.

"There is a growing movement in this country with socialist-leaning undertones, that wealth should be demonized," Lahren said.

"People are going to be very shocked about his finances," the biographer said.

The rapper Cardi B posted a video to Twitter revealing how much she spends each month on costs and said she takes care of her whole family.

Contrary to Trump's claims of losing money, Public Citizen said Trump had made millions since he entered the White House.

The median black family owns only 2 percent of the $147,000 owned by the median white family. Black and Latino unemployment hit historic lows in 2018, but this is not enough to close the enormous gaps in wealth.

"The way our economies are organized means wealth is increasingly and unfairly concentrated among a privileged few while millions of people are barely subsisting," said Oxfam's director of campaigns and policy, Matthew Spencer.

The world's billionaires grew their fortunes by $900 billion in 2018.

"We're talking about sand and death, that's what we're talking about," Trump said. "We're not talking about vast wealth."

Jeff Sessions's temporary replacement as attorney general has criticized the Mueller investigation for widening the scope of its inquiries.

El Chapo and Pablo Escobar both appeared on Forbes's billionaire list for multiple years.

The world's richest people added $1.4 trillion to their fortunes last year as the gap continued to widen between the super-wealthy and everyone else.

Participants pose as if they have just fallen out of their luxury cars, face down, surrounded by expensive possessions.

The states where the American Dream is within reach, to the states where it has become just another impossible dream.

Donald Trump's net worth dropped from $4.5 billion in 2015 to $3.1 billion in two years, according to Forbes.

A bipartisan bill wants to halt the possibility of returning to business as usual with the Kremlin, instead asking for a report on Putin's finances and those of his close associates.

The country's 87 richest families collectively owned nearly $200 billion.

The number one star may not be so surprising—he's been in the top spot before.

And why are they mostly heiresses?

As ranked by the IMF according to their GDP based on purchasing power parity (PPP) per capita.

"Chappaquiddick" intertwines the investigation into Mary Jo Kopechne's death and the Kennedy family's use of immense wealth and connections to remain in U.S. politics—but just how rich are they?

Nathan Carman's aunts want to stop him from getting any of the family's fortune, around $7 million in inheritance.