Paul Sullivan
I write the Wealth Matters column in @nytimes. My book The Thin Green Line: The Money Secrets of The Super Wealthy - http://t.co/IDJyfkCASs - is out now!
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Private Schools Hold New Attraction for Rich Parents
Schools offering in-person teaching are seeing a rise in applications — even when tuition is $50,000 a year or more.
Why These Millionaires Are Staying Put Despite a New Tax on Them
The reason has little to do with money. Family and community ties keep them from leaving their state.
Investing in Social Good Is Finally Becoming Profitable
Impact investments are outperforming traditional bets in the coronavirus crisis, which may be a turning point for wealthy investors looking to generate change.
In Pandemic, More Are Paying for Direct Access to Their Doctors
Concierge care has grown fast as patients no longer want to sit in a waiting room with strangers. But it comes at a high price.
Can’t Afford a Birkin Bag or a Racehorse? You Can Invest in One
Interest in fractional investments has grown as the pandemic has forced more people to spend time at home, but advisers say the strategy has risks.
Philanthropy Rises in Pandemic as Donors Heed the Call for Help
Giving has surged during the coronavirus crisis, eclipsing donations during the 2008 recession and after the Sept. 11 terrorist attacks, two reports show.
What Are Fintechs and How Can They Help Small Business?
Online financial service companies are filling a gap, especially as companies have altered how they work.
Wealthy Fliers Worried About Coronavirus Turn to Private Jet Service
As business executives curtail their travel, jet service providers are shifting to meet the demand from people concerned about getting on a commercial flight.
In Philanthropy, Race Is Still a Factor in Who Gets What, Study Shows
Nonprofit groups led by black and Latino directors lag behind peers with white leaders, but two leading philanthropic organizations hope to change that.
‘I Didn’t Want to Shut My Doors’: Businesses Find Ways to Survive
Faced with closings and plunging sales while more Americans lose their jobs, entrepreneurs are becoming more nimble.
How Philanthropists Are Helping During the Crisis
Their strategies could inspire other donors who want to know the quickest ways to ensure their dollars have the biggest impact.
Helping Towns by Seeding Their Own Backyard With Start-Ups
EforAll fosters local entrepreneurship by supporting aspiring small-business owners who have ideas but lack capital and connections.
Phone Hacks Can Happen to Anyone. Here’s How to Protect Yourself.
Start by knowing what could expose you to an attack, like vacation clues, hotel Wi-Fi and inadequate verification procedures.
Climate Change Adds Wrinkle to Art Collectors’ Concerns
No longer can owners just buy a general insurance policy and leave it at that. The threat of more intense storms means collectors need to keep track of their holdings.
The 100-Year Family: Here Are Some Tips for Becoming One
Research shows that one of the most important differences between those who maintain their wealth and those who don’t is communication.
New Rating System for Charities Aims to Measure Impact of Gifts
Donors don’t want their money misused or used less effectively than it could be. Impact Matters joins several well-established rating sites.
A New Generation Stakes Out a New Path for Charitable Giving
The Huntsman family just made a $150 million gift for mental health research and care. The father had concentrated his donations on cancer research.
I.R.S. Offers Deal to Small Insurance Companies Under Scrutiny
The offer pertains to captive insurance, a way to insure against risks not covered by traditional means. But it has created an incentive for tax avoidance.
Should You Spend, or Save, as if You’ll Live Forever?
How young you feel can influence how you handle your money, research shows.
Andrew Luck Walked Away From $58 Million, but That’s Not Necessarily Bad
Professional athletes may have big paychecks for a few years, but what happens when their careers end? Some plan for that day better than others.