Wealth
Investing directly allows them to contribute their expertise and management advice to the portfolio companies, as well as their capital.
America's millionaire population grew 7.3% in 2023 to 7.43 million people, according to a Capgemini report. Their combined fortunes grew to $26.1 trillion.
Aston Martin has overhauled manufacturing, shored up its financials and is now launching a fleet of new products defined by high performance.
The list includes books on effective communication, AI, Formula One, whiskey, hidden vacation spots and the art collection of Alicia Keys and Swizz Beatz.
The mass wealth migration to Florida from New York and other high-tax states has created record demand for household staff in elite Florida enclaves.
With their large wealth and small staffs, family offices have become lucrative targets for hackers and cybercriminals, experts say.
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