‘Meghan Markle found out she would be a civil servant in a tiara.’ The royal couple’s American adventure will make them rich beyond their wildest dreams

2020-01-10

It’s been said that behind every great man is a great woman. In Prince Harry’s case, it’s three wealthy and media-savvy women. Prince Harry receives income from Prince Charles, but they have vowed to become “financially independent.” Prince Harry owes his fortune to three famous women: his mother, the lateRead More →

Why raising taxes on the rich isn’t so crazy

2019-12-14

Unemployment is low and the stock market is high, but most Americans aren’t getting ahead. Half of American families have less real wealth than their parents did 25 years ago. Democrats are not satisfied with the economy. Yes, unemployment is way down and the stock market DJIA, +0.01% SPX, +0.01%Read More →

In ETFs, the rich aren’t getting much richer

2019-09-15

Getty Images U.S. dollar bills: where are investors sending their money? The 20 biggest exchange-traded funds together hold $1.33 trillion in assets: 60% of a total category of $2.3 trillion. But as analysts at Jefferies Equity Research point out, some of the biggest funds have seen outflows this year, whileRead More →

Here’s what smart rich people really do with their nest egg

2019-07-06

Most people think they’re above average in intelligence, relationship status and professional achievement. Social scientists call this “illusory superiority.” My business partner Scott Puritz, has found the one area where even above-average people, objectively smart, rich, successful professionals, seem to wave the white flag and admit to not understanding —Read More →