Stone Wealth Management launches $150M Series B, adds new asset manager, CEO

Stone Wealth has announced it has raised $150 million in new funding led by the Stone Group.The company’s founders said in a blog post that the funding will allow it to continue growing its business in the digital asset and digital currency space.Stone’s new capital will enable the company to continue to expand its offerings […]

The wealth of western nations: The wealth gap

By The Wall Street Journal/Getty Images,Getty ImagesA year after the first results of the US presidential election were released, a new report suggests a new wealth gap exists.The report, authored by the Center for Economic and Policy Research (CEPR), estimates that about one-third of US households own more wealth than they earned in their lifetime.This […]

The Value of $100 Billion: The $100 billion wealth of Mike Bloomberg

Billionaires have long been among the most successful of the modern American oligarchy.They are the billionaires who make it all possible.They have the money, the connections, the influence and the power.This is the story of how they have built wealth over the last three decades and what it says about our time and our society.The […]

When does wealth disappear? And how can it be recovered?

In the United States, the number of people living in poverty is shrinking, but the pace of the decline is accelerating.Between 2005 and 2015, the share of Americans living in families with incomes below the poverty line fell by more than 20 percentage points, according to data from the U.S. Census Bureau.While the decline has […]