Daily Wealth Letter from The Wealth Forums 20 May 2106

Reports — By on May 20, 2016 at 12:37 PM
Ian Brodie

Ian Brodie

 

DAILY WEALTH LETTER

 

 a daily synopsis of wealth news that’s most relevant, timely and dependable

 

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

 

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NUMBER 215 FRIDAY,  MAY 20,  2016
 

US wealth self-made and short-lived

To better understand the origins of wealth among the extremely rich, a study by the Peterson Institute for International Economics has developed a comprehensive database of the world’s billionaires, taken from data from Forbes’ annual World’s Billionaires list.   READ MORE: https://thewealthforums.com/2016/05/20/us-wealth-self-made-and-short-lived/#more-3809

Families flourish in Florence 600 years later

New research from a pair of Italian economists documents an extraordinary fact: The wealthiest families in Florence today are descended from the wealthiest families of Florence nearly 600 years ago. READ MORE: https://thewealthforums.com/2016/05/20/families-flourish-in-florence-600-years-later/#more-3805

Online wealth start-up raises $75 million

Online wealth management startup Personal Capital announced a $75 million infusion of new funding at a $500 million valuation from a single investor on Thursday.    READ MORE:https://thewealthforums.com/2016/05/20/online-wealth-start-up-raises-75-million/#more-3799

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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