Hayley Cuccinello

Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October 11, 2023. Simon Wohlfahrt | Afp | Getty Images Billionaire Bill Gates announced on Thursday that […]

Jack Hidary, CEO of SandboxAQ Courtesy of SandboxAQ A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.

From left, the Trump Royale, The Trump Palace and the Trump International Beach Resort are shown in Sunny Isles Beach, Florida, U.S. March 13, 2017. Joe Skipper | Reuters As the rich have gotten richer, family offices have exploded in

Citi rates its 200,000 employees on a forced curve that assesses peers from best to worst. These rankings influence who gets promoted and who loses their bonus — or worse. Managing directors told BI how the process works and why

BlackRock is on a string of multibillion-dollar acquisitions to bolster its private-markets prowess. In late November, the asset management titan bought private-credit firm HPS for $12 billion. CFO Martin Small explained how the acquisition fits the firm’s three requirements. BlackRock

Thanks to tax cuts made during the first Trump administration, Americans can give or hand down about $13 million in assets without paying federal estate tax. Only 0.2% of taxpayers have to worry about this tax, and they hire top-notch

Selling appreciated assets like stock and real estate can trigger high capital gains taxes. Moguls can save big by gifting assets to their parents, inheriting them back, and then selling them. The ultra-rich can use upstream transfers to double how

Billionaire Ken Griffin has spent tens of millions to support Republicans but not Donald Trump. The Citadel CEO declined to say who he’s voting for or rule out a future in politics. Griffin also denied that taxes played a major

Estate taxes pose a dilemma for asset-rich but cash-poor Americans. To pay Uncle Sam, their heirs may be forced to liquidate their real estate empires or privately held businesses. But there is an alternative to a fire sale: They can

Five months after glassmaker View filed for bankruptcy, CEO Rao Mulpuri has stepped down. Under his tenure, View raised $1.1 billion from SoftBank in 2018 and went public in 2021. It struggled as a public company and ran low on