billionaires

Economics

How the Great Wealth Transfer is playing out for Billionaires

Photo illustration by Connor Lin / The Daily Upside, Photos by Jérémy Barande via CC BY-SA 2.0, David Shankbone via CC BY 3.0, Obama White House Archived, and U.S. Air Force / Trevor Cokley

The oldest among us are richer than ever, so are the richest. So what happens when the oldest and richest start passing their wealth along?

5 min read

Photo by Nokia621 via CC BY-SA 4.0

Big Tech

Zuckerberg to ‘Move Out’ Meta’s Low Performers by Axing 5% of Workforce

It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.

2 min read
Photo by Jake Walker via Unsplash

Advisor Upside

AI’s Coming for Wall Street Jobs

Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.

2 min read
Photo by Jason Briscoe via Unsplash

ETF Upside

Vanguard Flips the Script on 60/40 Rule

The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.

2 min read

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