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Business
from24/7 Wall St.
2 days ago

50% of Nvidia Employees Are Now Worth Over $25 Million: How Nvidia Created Thousands of Millionaires

NVIDIA's employee equity program has significantly increased employee wealth, with 50% of employees now worth over $25 million.
Retirement
from24/7 Wall St.
5 days ago

58% of Americans Own Stocks, But the Median Bottom Half Holds Just $12,600

58% of American families hold stock, but wealth distribution shows significant disparities in ownership and value.
Business
fromFortune
3 weeks ago

Amazon is still paying Jeff Bezos an $80,000 yearly salary-but $1.6 million for travel and security | Fortune

Jeff Bezos maintains a salary of $81,400 since 1998, despite being worth $254 billion.
US politics
fromFortune
3 months ago

Scott Bessent on the 39% of young Americans thinking favorably of socialism: they're just not invested in the stock market | Fortune

Low stock ownership among households correlates with favorable views of socialism; federally supported children's investment accounts aim to increase equity ownership and pro-capitalist sentiment.
fromFortune
8 months ago

Boomers' wealth soars, leaving millennials and Gen Z behind

As young buyers scrape together down payments, boomers are sitting on $82 trillion in wealth-more than twice what Gen X has and four times as much as millennials. New research shows the wealth gap has only widened since the 1980s, as older generations saw bigger gains in homeownership and stocks while younger people took on faster-growing mortgage debt. With boomers holding onto large homes and aging in place, younger buyers are struggling to break into a shrinking market.
US news
Retirement
from24/7 Wall St.
1 year ago

These 37 Million People Will Never Buy Stocks

Most Americans in the bottom 50% do not own stocks due to low discretionary income.
Institutions primarily drive the U.S. stock market, owning 70% of its total value.
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