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Even the ultra-wealthy don't want to deal with homeownership costs. The number of millionaire renters has soared over the last five years, according to a recent report by Beauchamp Estates. See: 10...
You may think you can spot the signs of wealth at a glance -- surely just look for the designer clothing and purses, yachts, fancy cars, gigantic mansions and diamonds dripping from fingers, right?...
(Bloomberg) -- YieldStreet Inc., the online firm that offers esoteric investments to affluent individuals, is exploring options including a sale, while also weighing setting up a special purpose acquisition company of its own, according to people with knowledge of the matter.The New York-based company is working with an adviser to solicit interest from potential buyers including blank-check firms, and separately, is in early discussions with potential co-sponsors for its own SPAC, said the people, who requested anonymity because the talks are private. Merging with a SPAC is an increasingly pop...