LND topic: wealth page 12

wealth

A Shocking Allegation: WeChat Founder Accused of Abuse

October 4, 2024

Imagine this: a billionaire, the founder of one of China's biggest tech companies, is accused of something terrible. Peng Lei, who started WeChat, is in hot water because his ex-partner claims he abused their three-year-old son. This isn't just about Peng Lei though; it's about how rich people treat

politics

Justice Beyond Wealth: A New Era for Illinois

September 20, 2024

In a landmark move, Illinois took the bold step of abolishing money bail last year, prioritizing public safety over wealth and ushering in a new era of justice and equity. This significant milestone marks a year of success, and it's time to reflect on the profound impact of this reform. The journey

technology

The Crypto Market's Biggest Test: Will It Pass?

September 16, 2024

The past week has been a rollercoaster ride for the crypto market, with a sell-off that wiped out $367 billion in value. But instead of fleeing, institutional investors took advantage of the dip to buy in. Spot ether exchange-traded funds saw net inflows of around $120 million, with most traders buy

finance

The Rise of the Crypto Elite: A New Era for Bitcoin Millionaires

September 16, 2024

The world of cryptocurrency has been abuzz with excitement in recent years, and the latest report from New World Wealth and Henley & Partners has shed new light on the phenomenon. According to the report, the number of bitcoin millionaires has more than doubled in the last year, rising to a staggeri

business

The Crypto Billionaire Boom: A Year of Unprecedented Wealth Creation

September 16, 2024

The past year has been a remarkable one for the world of cryptocurrency, with the population of crypto millionaires growing by a staggering 95%. According to a new report from New World Wealth and Henley & Partners, there are now 172,300 individuals worldwide holding more than $1 million in crypto a

business

Goldman Sachs' Economic Outlook: A Recipe for Divided Expectations

September 16, 2024

Good morning, readers! Here's what you need to know today: Goldman Sachs believes a Kamala Harris presidency, with a Democratic-controlled House and Senate, is the best-case scenario for the economy. Nvidia stock is experiencing a turbulent week, with its founder Jensen Huang losing $10 billion du

opinion

Security Mistrust: The Unseen Grip of Surveillance in America

September 15, 2024

The notion that America is a land of freedom is nothing but a distant memory. The streets are lined with security measures, each one a reminder of the constant threat of terrorism, crime, and chaos. To attend a party, one has to flash their ID, just like in a bad action movie. To take a flight, you'

lifestyle

The Privileged Life: Celebrities' Outrageous Quotes About Wealth and Privilege

September 15, 2024

When celebrities share their thoughts on wealth and privilege, it's often a recipe for eye-rolling and head-scratching. Take Gisele Bündchen's 2020 interview with the Guardian, for instance. The supermodel touted her aspirational wellness lifestyle and mental health, saying, "People just have to mak

religion

The Power of Financial Education: How Black Churches are Bridging the Wealth Gap

September 13, 2024

In the Dallas-Fort Worth area, a staggering wealth gap exists between Black and white households. According to a 2018 report by Prosperity Now, Black families in Dallas had a median household income of $31,000, just 42% of the median income for white families. But what can be done to address this di

finance

Trump Media's Stock Price Tanks After Debate: Is This a Sign of Trouble for Trump's Election Chances?

September 12, 2024

When Donald Trump's debate skills were put to the test, his stock in Trump Media & Technology Group took a drastic hit. The company's shares plummeted $2.79, or 15%, to $15.84, its lowest level since its public market debut in March. This sudden drop has raised questions about whether this is a sign