Abby Schultz

An annual report finds donations to nonprofits rose by 3% in inflation-adjusted dollars to $617.2 billion in 2025

The ranks of multimillionaires has expanded globally since 2000, according to UBS. But the divide between the rich and everyone else is deepening.

The ranks of multimillionaires has expanded globally since 2000, according to UBS. But the divide between the rich and everyone else is deepening.

The ranks of multimillionaires has expanded globally since 2000, according to UBS. But the divide between the rich and everyone else is deepening.

Elon Musk stands alone atop the list of the world’s richest people. The most striking change among the top 10 multibillionaires was the emergence of Michael Dell at No. 5.

Elon Musk stands alone atop the list of the world's richest people. The most striking change among the top 10 multibillionaires was the emergence of Michael Dell at No. 5.

New Yorkers have until Thursday to publicly comment on proposed rules for how the state will enforce a tax on homes owned by people who live outside of New York City.

Abby Schultz A Tyrannosaurus rex skeleton nicknamed “Gus” sold for a record-breaking $50.1 million to an anonymous bidder at Sotheby's on Tuesday in New York.

Abby Schultz Older generations have already begun transferring trillions of dollars in wealth to their families and to charity in a process that many wealthy families aren't as prepared for as they should be.

A new BNY Wealth survey finds affluent families are delaying wealth transfers as longer lifespans, complex assets, and difficult family conversations reshape estate planning.