How Elon Musk’s Tesla could transform the world

With its $7 billion valuation, Tesla Motors could be worth more than a trillion dollars, but it is the world’s largest privately held company, according to new data from Equilar.The tech billionaire’s company has been worth more on average than its biggest competitors, but its market capitalization is currently $7.5 billion, according the data company.Tesla’s […]

Israel’s generational wealth is not global, says senior scholar

A senior scholar at the Carnegie Endowment for International Peace (CEP) in Washington DC has said Israel’s generation of wealth is in fact not global but rather rooted in the country’s core values.In a letter published on Tuesday, David Alpert, the author of The Global Generations, said that while Israel’s wealth is growing, its generation […]

How to boost racial wealth gap: A new $100,000 annual salary

The average white person’s annual income has grown by almost $100k since 2000, according to a new report.The report, published by the Black and Hispanic Policy Research Institute (B&HPI), also found that in 2014, there were more black millionaires than white millionaires.And, despite the growing disparity in wealth, the median net worth of black millionaires […]