A group of Silicon Valley billionaires led by former Goldman Sachs Group Inc. trader Jan Sramek have quietly bought up over $800 million worth of Northern California farmland to create a new city from scratch.

The craving for Raising Cane's chicken fingers, toast and sauce has spurred a celebrity partnership with rapper Post Malone, while its success has given founder Todd Graves a new title: multibillionaire.

The Dallas-based wealth management firm announced the expansion of its “Succession Your Way” succession planning options for independent advisors.

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In the summer playground of the 1%, resident Charles Johnson — former chairman of investment giant Franklin Resources and owner of the San Francisco Giants — has been quarreling with his new neighbor: Straight Wharf Fish Market. 

Global wealth has dropped for the first time since 2008, and more than 3.5 million people around the world lost their status as millionaires in 2022 due to high inflation and the collapse of many currencies against the dollar, according to the Global Wealth Report 2023 by UBS and Credit Suisse.