Artificial Intelligence (AI) is changing the world, and it’s no secret that those who master and harness this technology can create immense wealth for themselves and their clients. The rapid evolution ...

Who doesn’t dream of having more money than they’ll ever be able to spend? Dynastic wealth does have its charms. Money that lasts for generations (e.g., forever). Family and business legacies that ...

As baby boomers head deeper into retirement, financial experts say we are on the verge of a “great wealth transfer.” By 2048, approximately $105 trillion in assets will be transferred to heirs as the ...

Building wealth from nothing might feel like you would be doing the impossible, but there are countless of self-made millionaires who have proven that it can be done. It takes hard work, resilient, ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Tackling income and wealth inequality is at the top of the policy agenda in many countries. This note discusses three ...

While reliable data shows that the very rich are, for the most part, getting much richer, some families go from "riches to rags" by failing to carefully pass down wealth from generation to generation.

Richard Stern is Acting Director of the Thomas A. Roe Institute for Economic Policy Studies and Director of the Grover M. Hermann Center for the Federal Budget at The... Today the country stands at a ...

Building wealth without a high income is a challenge faced by many, particularly those lacking access to retirement benefits. While some high-income earners paradoxically have low net worth due to ...