America created 1,200 new millionaires every day last year
Hundreds of thousands of millionaires were made in America last year as everyday citizens struggled to pay for necessities
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More than 440,000 people became millionaires in the US last year
The U.S. is home to 23.6 million millionaires — more than the rest of the top 10 countries combined.
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
Donations from individuals hit $394B last year, but a 17% rise in bequests points to a shift in philanthropy driven by the Great Wealth Tran
Elon Musk Becomes First Trillionaire as Workers Face Falling Wages and Rising Costs
As Elon Musk became the world’s first trillionaire, workers are facing higher prices and fears of A.I.-driven job losses.
nytimes.com·24d agoAmericans Are Falling Behind on Their $1.25 Trillion Credit-Card Bill
Americans have racked up $1.25 trillion of credit-card debt—and they’re having trouble paying it down.
America's Refusal to Confront Its Deepening Inequality Crisis
In the age of the trillionaire, inequality remains a defining challenge.
theatlantic.com·3d ago
ProPublica's year-long investigation reveals how billionaires systematically avoid taxes through strategies unavailable to most Americans
After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide m
propublica.org·15d ago
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