Wealth Of The 1% Reaches Decade-High In The U.S.

The share of wealth owned by the 1% of richest people in the United States has reached a new record of 31.7% in Q3 of 2025—the highest since records began in 1989.

Unspoken things the ultra-wealthy have access to that have people’s jaws on the floor

That just screams money. While most Americans are complaining about today’s wildly high cost of living — others are living the high life, having experiences and luxuries one could only dream of, if they knew they existed.

I Asked ChatGPT How the Rich Will Spend Their Money in 2026 — Here’s What It Told Me

See what ChatGPT predicts about how the wealthy might spend their money in 2026, from luxury trends to surprising investment choices shaping their lifestyles.

New York Mayor Mamdani says city must hike taxes on wealthy to fill $12 billion deficit

New York Mayor Zohran Mamdani attributed the budget crisis to "gross fiscal mismanagement," pointing to former Mayor Eric Adams and ex-Gov. Andrew Cuomo.

'We Must Win Back Our Future'—Nearly 400 Millionaires And Billionaires Urge Leaders At Davos To Tax The 'Super Rich'

An international group of nearly 400 millionaires and billionaires is calling on world leaders at the Davos summit in Switzerland to take action against rising inequality—starting with taxing people like themselves. In a public letter, they argue that extreme wealth is undermining democracy and stability across the globe.

Before California, France tried a wealth tax. Macron repealed it after rich people fled the country instead of paying

A 20-year French experiment with a wealth tax ended with mixed results, but its removal created problems of its own.

Advisors to the ultra rich say AI isn't a gamechanger for landing new clients

Referrals are still the name of the game when it comes to earning the trust of the ultra-rich.

The Rich Are Getting Richer — Everyone Else Is Running In Place

The U.S. wealth divide is widening fast, reshaping consumption, straining lower‑income households, and forcing economists and the Fed to question how long an uneven, K‑shaped economy can hold.
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Macron's super rich tax backfires and fuels a wealth exodus

France set out to make its wealthiest citizens shoulder more of the fiscal burden, only to discover that capital and talent can cross borders faster than any new levy can be drafted. What was framed as a fair contribution from the top of the income scale has instead coincided with a visible outflow of

Tax-the-rich advocates unveil ambitious bill package. Could it pass?

Advocates in Rhode Island are proposing a four-bill package to increase taxes on the state's highest earners. The proposal includes a surtax on high incomes, a wealth tax on large financial assets, and a tax on passive income.

Wealth inequality in America just hit its widest gap in 3 decades

Nearly one-third of U.S. household wealth was held by the top 1% in the third quarter of 2025.