Multimillion-Dollar Restaurant CEO Scaled Back His Luxury Spending on Range Rovers and McLarens Amid Economic Uncertainty

Multimillion-dollar restaurant CEO used to splurge on Range Rovers and McLarens—but he’s reining it in now, because today’s economy makes no sense When the big paychecks roll in after building a successful business, it may be tempting to splurge on designer clothes, luxury mansions, and high-tech gadgets. When Derrick Hayes—an entrepreneur who grew up in […]
America’s billionaires hold a collective wealth of $5.7 trillion, with just three individuals accounting for $1 trillion of that total.

America’s billionaires are worth $5.7 trillion—and just three people represent $1 trillion of that wealth America has 1,135 billionaires and counting. According to a recent WSJ analysis of data from wealth-intelligence firm Altrata, if you put all their fortunes together, they represent a honey pot of $5.7 trillion—and half of that wealth is accumulated by […]