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☆ How ‘The Idea of You’ nailed age-gap dressing
▼ + stars: | 2024-04-30 | by ( Leah Dolan | ) edition.cnn.com time to read: +8 min

Films such as “What Price Hollywood” and “A Star is Born” first dabbled in the idea of famous and non-famous relations almost 100 years ago. Now, director Michael Showalter breathes new life into the trope with “The Idea of You,” out on Amazon Prime May 2. But more than just a piece of starry-eyed fan-fiction, “The Idea of You” is a Bildungsroman in disguise. It was the first look Hathaway tried on during fittings with Demetrio in New York. As for Hathaway, we find her in Chanel and leave her, happily ever after, in a rust-red Gabriela Hearst suit.

Persons: It’s, ”, Richard Curtis, Julia Roberts, Hugh Grant, lister, Michael Showalter, Robinne Lee, Anne Hathaway, Solène Marchand, Nicholas Galitzine, Hayes Campbell, Moon, Demetrio, Alisha Wetherill, Hayes, Solène, Harry Styles, Olivia Wilde, Lee, Styles, “, Jacqueline Demetrio, …, “ She’s, Hathaway, Isabel Marant cardigan, suede Isabel Marant, ’, Etro, Gabriella Hearst, Valentino, Demetrio —, Hathaway —, heartthrob, David Bowie, ” Demetrio, he’s Harry, “ Nick, Matty Healy, Loewe, Isabel Marant, it’s, Nick, Constance Bennett, Lowell Sherman, ” Grant, Roberts, Gabriela Hearst Organizations: CNN, Hollywood, Disney Channel, BBC, Amazon, Vogue, SXSW Locations: LA, Isabel, New York, streetwear, Coachella, cardigan, It’s, “

☆ 29-year-old ex-bartender now earns $100,000 working in AI without a college degree—here's how
▼ + stars: | 2024-04-30 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

For a while, Maruyama thought her career options without a college degree would be limited to low-wage jobs or becoming an entrepreneur. Cosmetic tattoo artists, who need to complete classes and acquire a license, tattoo permanent makeup and can camouflage bald patches and tattoo full scalps to create the appearance of hair. Maruyama obtained her cosmetic tattoo artist license in 2018 while living in Savannah. Most of the open jobs Maruyama saw online were in tech and required skills she had never heard of. At the same time, Maruyama started sharing her experience looking for — and landing — a job without a college degree on TikTok under the username @degreefree.

Persons: Maruyama, Hannah Maruyama, Ryan, Hannah, furloughed Organizations: CNBC, Georgia Southern, Georgia Southern University, Yama Studios, Honolulu Fire Department, AWS Locations: Savannah, AskMakeIt@cnbc.com, Honolulu, Hawaii, Saudi Arabia

☆ I never wanted to have kids in the US. Now, I'm happily raising a toddler in Germany.
▼ + stars: | 2024-04-26 | by ( Susannah Edelbaum | ) www.businessinsider.com time to read: +7 min

She ended up getting married and having a baby in Germany but has struggled with a lot of bureaucracy. Germany offers excellent maternity care, including postpartum home visits by a midwife, and down the road, various degrees of subsidized day care — the exact setup varies state by state. But in Berlin both midwives and day care centers are in short supply, according to local news channel RBB24. The author says that Berlin is filled with playgrounds and her toddler always wants to stop and play. Susannah EdelbaumI'm thrilled to be raising a toddler in BerlinDespite the late start, I found a midwife.

Persons: Susannah Edelbaum, —, somethings, That's, I'd, Susannah Edelbaum I'm, who'd Organizations: Service, Kita, Bertelsmann Stiftung Locations: New York, Berlin, Germany, Denmark, hitched, Copenhagen, Ærø, Las Vegas, Kita

☆ A four-day work week could be coming as AI proliferates — and these companies could capitalize
▼ + stars: | 2024-04-17 | by ( Hakyung Kim | ) www.cnbc.com time to read: +6 min

Hedge fund manager and New York Mets baseball team owner Steven Cohen has already begun to invest in a four-day work week. Cohen isn't alone in forecasting a four-day work week. Jefferies thinks artificial intelligence will make workers more efficient and eventually lead to a four-day work week becoming the norm, according to a note from June 2023. Bank of America also expects the changing post-pandemic work landscape may result in a shorter work week. Opposition to change Opponents to a shorter work week, however, argue that such a change is both politically and economically unfeasible.

Persons: Steven Cohen, " Cohen, Cohen isn't, Jefferies, Henry Ford, Ford, Christian Magoon, Cohen, Magoon, It's, David Bahnsen, Bahnsen, I'm Organizations: New York Mets, CNBC, Bank of America, Economic, COVID, Cloud Technology ETF, IVES, Ionos, Broadcom, Cisco Systems, General Dynamics Locations: France, U.S, Nice

RecCreate has been profitable since December, and Chick pays herself a salary of roughly $5,500 per month, she says. Liz Chick in RecCreate Collective's Brooklyn studio CNBC Make ItWithout a professional creative outlet, Chick created a personal one. The funds came in handy when, nine months later, she found her perfect studio space. She started renting it for $2,800 per month in March 2023, subleasing it out while she built a plan for RecCreate Collective. 'Vibes are expensive'Back in the studio, Chick watches Emhoff teach attendees how to use duplicate stitches, which go on top of existing ones, to embed images onto knitwear.

Persons: Liz Chick, Ella Emhoff —, Kamala Harris —, Chick —, It's, she's, Chick, RecCreate, she'd, Chick thrifted, I've, saran, —, Earnest, She'd, refinance, Emhoff Organizations: CNBC, YouTube, Parsons School of Design, RecCreate Locations: Brooklyn , New York, Chicago, New York, RecCreate Collective's Brooklyn, San Francisco

☆ I'm a Gen Z mom. DINKs showing off their splurging and traveling gave me FOMO, but I don't regret having kids.
▼ + stars: | 2024-03-29 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +6 min

He really wanted kids but said it was fine if I didn't, as he loved me and just wanted to be with me. I thought having a family with him would be amazing. I don't think we would have planned far ahead enough to do a trip like that before having kids. I don't regret having kids youngI really enjoy being a mom. I didn't want to get to a point in my career where I was doing really well and then take a big break.

Persons: —, Megan Pagel, Michael, DINK —, Pagel, Covid, it's, I'm, DINK, I'd, I've Organizations: Service, Business Locations: Tasmania, Australia

AUSTIN, Texas (AP) — Nikola Jokic scored 31 points and the Denver Nuggets beat San Antonio 117-106 on Friday night in a game played in the Texas capital as the Spurs drew a record crowd in their bid to broaden their regional fan base. After having his initial shot blocked by San Antonio rookie phenom Victor Wembanyama, Jokic went 13 for 19 from the field. Jeremy Sochan scored 19 points and Devin Vassell and Wembanyama each had 17 points for San Antonio, which lost its third straight. The Spurs have played in Austin the last two seasons to broaden their reach financially and build their fan base. “You can’t match the talent level that they have right now with (Spurs’) young team, but you see what it takes.

Persons: Nikola Jokic, phenom Victor Wembanyama, Jokic, Nikola, Gregg Popovich, “, ” Jamal Murray, Jeremy Sochan, Devin Vassell, Michael Malone, ” Malone, Bill Schoening, Malone, Aaron Gordon, Michael Porter Jr, Julian Champagnie, Porter, Gordon, ” Jokic, Johnson’s, ” Popovich, Murray, ___ Organizations: Denver Nuggets, Antonio, Spurs, NBA, ” Spurs, Denver, Conference, San, Moody Center, Nuggets, Wembanyama, Jokic, ”, Dallas, Brooklyn Locations: AUSTIN, Texas, San Antonio, Austin, “, Jokic, Denver

☆ One Big Reason Gen Z Is Still on Facebook: To Save Money
▼ + stars: | 2024-03-14 | by ( Melissa Rohman | ) www.nytimes.com time to read: +1 min

In December, Ellicia Chiu and Cher Su had just a few boxes in tow when they moved into a walk-up apartment in New York’s Lower East Side neighborhood. Before their move, from Los Angeles, the two friends knew that they would need to furnish their new apartment with small kitchen appliances, décor and furniture. But instead of purchasing new items, they knew it would be more affordable to find secondhand items on Facebook Marketplace, the social network’s buy-and-sell service. “I only use Facebook for Marketplace,” said Ms. Chiu, 24, who added that she spent most of her social time on TikTok and Instagram, which is owned by Meta, Facebook’s parent company. For many 20-somethings who don’t have a lot of disposable income, Marketplace is a place to get deals on items they wouldn’t normally be able to afford.

Persons: Ellicia Chiu, Cher Su, “, ”, Chiu Organizations: Facebook, Meta Locations: New York’s, Los Angeles

☆ NASA will pay 4 health-conscious 'astronaut-like' people to live inside a Mars simulation for 378 days. See if you qualify.
▼ + stars: | 2024-02-22 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Read previewNASA is hiring four people to spend 378 days living inside a simulated Mars habitat in Houston. NASA is looking for people who are "as astronaut-like as possible," said Bell, who also leads NASA's Behavioral Health and Performance Lab. NASA astronaut Frank Rubio with tomatoes growing on the International Space Station. NASA/Lacey YoungIn the Mars simulation, for 378 days, you can't go for a walk outside. JPL/NASAIt's not just experience and stress tolerance that makes a Mars astronaut.

Persons: —, Suzanne Bell, Bell, Ross Brockwell, Mars, CHAPEA, Frank Rubio, Koichi Wakata, Lacey Young, Bill Stafford, Go Nakamura, It's, There's, NASA It's, there's, that's Organizations: Service, Crew Health, NASA, Behavioral, Business, Space, Japan Aerospace Exploration Agency, REUTERS, JPL, Getty Locations: Houston

☆ A Brooklyn D.I.Y. Landmark Changes With the Times
▼ + stars: | 2024-02-21 | by ( Alex Vadukul | ) www.nytimes.com time to read: +1 min

Just before midnight on Saturday, hard techno began pulsating from the Market Hotel, a D.I.Y. music venue located beside the elevated tracks of a Myrtle Avenue subway station in Bushwick, Brooklyn. The party, “Market Hotel Sweet Sixteen,” was meant to commemorate the venue’s legacy as a D.I.Y. Over a decade ago, the Market Hotel nurtured a middle-class bohemia, providing a stage to punk and indie bands like Real Estate, Vivian Girls, Titus Andronicus and the So So Glos. If you knew, you knew.

Persons: fanny, ”, Vivian Girls, Titus Andronicus Locations: Myrtle, Bushwick , Brooklyn, bohemia

☆ Where to find the 'Love Is Blind' season 6 cast on Instagram
▼ + stars: | 2024-02-13 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

The first six episodes of "Love Is Blind" season six premiere on Netflix Wednesday. Here's what to know about all of the contestants, including where to find them on Instagram. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The sixth season of "Love Is Blind," which premieres Wednesday, follows a group of singles from North Carolina as they form connections and get engaged before they actually meet in person. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Netflix, Service, Business Locations: North Carolina

☆ What I got wrong about loyalty at work
▼ + stars: | 2024-02-12 | by ( Aki Ito | ) www.businessinsider.com time to read: +8 min

In the story, I wrote that people seem to divide into two groups when it comes to the decline of workplace loyalty . To my surprise, a lot of older readers took issue with getting lumped into the pro-loyalty camp. Someone else wrote, more gently, "While I feel you're spot on with most of your facts you've got gen x all wrong." They added: "My generation leads in workplace dissatisfaction and realized 2 decades ago that there was no more corporate loyalty." There isn't a generational divide over workplace loyalty, these readers were telling me.

Persons: Gen Xers, Gen Zers, I'd, Readers, X, Gabriel, he'd, I'm, they've, I've, —, Gen, isn't, Aki Ito Organizations: Business Locations: American, America, TikTok

Bill Murphy, an 80-year-old retired veterinarian in suburban Phoenix, sometimes blanks on names he could once summon with ease, so he has empathy for 81-year-old President Biden. But he winced when he watched Mr. Biden defend his mental sharpness at a news conference, only to mix up the presidents of Egypt and Mexico. Mr. Murphy, a Republican, believes Mr. Biden is not up to another term. “I look at him as a peer,” said Ms. Meyer, who plans to vote for Mr. Biden. The special counsel report cleared him of criminal charges in his handling of classified documents but described him as a “sympathetic, well-meaning, elderly man with a poor memory.”

Persons: Bill Murphy, Biden, Murphy, Mr, Mary Meyer, forgetful, ”, Meyer, “ Organizations: Republican Locations: Phoenix, Egypt, Mexico

☆ How a 25-year-old went from talking to 1,000 strangers in NYC to quitting her finance job and founding a social startup
▼ + stars: | 2024-02-08 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

"Ultimately, I spent more time home alone doing nothing than ever before," Epstein, CEO of the still-in-beta social networking app Kndrd, told Business Insider. "I spoke to a thousand strangers" — many who also felt a lack of community, companionship, or friendship, she added. But while investors may want to see viral, overnight growth for an app like Kndrd, Epstein hesitates at that strategy. "And that means me reading applications and vetting the community members and making sure that we have people who are the strongest, most high fidelity people." In the future, Kndrd also plans to incorporate AI into its user experience — something on nearly every investor's mind right now.

Persons: Isabella Epstein, Epstein, Kndrd, Tina Mai —, —, Mai aren't, Kndrd cofounders Tina Mai, Devin Kasparian Bootstrapping Organizations: Business, Stanford University, Stanford Locations: New York City, NYC, Mai, Epstein's NYC

☆ I was the artsy kid who hated sports growing up. But as an adult, I'm now athletic and finding happiness in cycling and hiking.
▼ + stars: | 2024-02-06 | by ( Mike De Socio | ) www.businessinsider.com time to read: +4 min

Growing up, I was the opposite of a jock; I was an artsy kid with a limp wrist. But in my adult life, something shocking has happened: I've become one of the most athletic people I know. But what started as a casual interest in hiking and cycling has reached athletic proportions in recent years. I've since turned to cyclingWhat allowed me to claw out of that rut was, again to my surprise, an athletic activity: cycling. I'm not sure how many mountains I need to summit or miles I need to ride before it feels right.

Persons: I've, I'd, I'm, It's Organizations: Service, Little League, Business, Boy Scouts, Scout, Scouts, Scouting, Philmont Scout, 46er Locations: New Mexico

☆ The Elusive Restaurant Group Redefining Korean Dining in New York
▼ + stars: | 2024-02-05 | by ( Priya Krishna | ) www.nytimes.com time to read: 1 min

Even on a chilly Monday evening, the wait at Cho Dang Gol was more than an hour. Crowds of 20-somethings spilled out of the homey restaurant in Manhattan’s Koreatown, where steam billowed from stone bowls of soondubu jigae in a dining room ornamented with paper lanterns and musical instruments. Some hopeful customers peeked inside, anxious to see if a table had opened up. A few blocks away, diners at Hojokban — a sleeker, more modern restaurant that opened last fall — eagerly snapped photographs of a plate of fried-rice wearing an empty Shin Ramyun noodle cup like a hat. A little to the south, Atomix, a Korean fine-dining restaurant with two Michelin stars, was booked solid through the next month.

Persons: Dang Gol, — Organizations: Michelin Locations: Manhattan’s Koreatown, Atomix, Lysée, Korean

☆ Bring Office Cubicles Back; Improve Employee Productivity, Hybrid Work
▼ + stars: | 2024-02-05 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +13 min

In a memorable montage from the 1999 workplace satire "Office Space," Peter Gibbons, a fed-up office drone, decides to take a stand. For years, the office cubicle was the four-walled avatar of corporate disaffection. Late '90s films like "Office Space," "Fight Club," and "The Matrix" enshrined its detested status. The tech boom arrived, bringing with it open office plans and a Silicon Valley-led gloss of egalitarianism, epitomized by Google's high-profile headquarters redesign in 2005. The top comment on the "Office Space" cubicle clip on YouTube captures the irony of this shift: "I would have killed for a cubicle," the commenter wrote.

Persons: Peter Gibbons, Google's, weren't, Nikil Saval, Slack, hasn't, Joseph Country, Heather Chapman, Chapman, Sydney Baker, there's, Baker, Thomas Roulet, Roulet, somethings, it's, Kevin Kelley, Shook Kelley, Kelley, cubicles, hewing Organizations: Toyota Corolla, Porsche, Workers, YouTube, Research, Harvard Business School, Environmental Psychology, University of Cambridge Locations: Silicon, Michigan, Louisville , Kentucky, —, Charlotte , North Carolina

☆ I'm in my 30s, and 2 of my closest friends are in their 80s. Here's what I've learned from our age-gap friendships.
▼ + stars: | 2024-01-21 | by ( Kate Oczypok | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Despite our age-gap, we've become great friends, and our friendship has only deepened in the last nine years. Later, I learned that the usher, whose name was Art, thought I had a warm smile and seemed friendly. Both Jack and Art taught me that no matter how old you may be, you always feel young at heart. That simple act of kindness Art showed me that Saturday evening resulted in eight years at that church before my husband and I moved.

Persons: Jack, I've, —, we've, He'd, Art, you'd, Britney Spears, You'd Organizations: Service Locations: Rockville , Maryland, Washington ,, Florida

☆ I'm 38 and suddenly thinking about aging all the time. I don't want to dress or wear my hair like I'm trying to 'look young.'
▼ + stars: | 2024-01-20 | by ( Melissa Persling | ) www.businessinsider.com time to read: +4 min

I'm not sure why the realization that I was getting along in years surprised me so much. I don't want to look like I'm trying too hardNow that I'm thinking more about my age, I often wonder if I'm trying too hard to appear young . I don't spend every waking moment cursing the young and trying to get men to look at me. (I also know from experience that Aveeno products will not make you look anything like Jennifer Aniston, unfortunately.) But I will never wear a bra as a shirt, no matter how cute I feel, because I am 38.

Persons: I'm, I've, Melissa Persling, I'd, Jennifer Aniston

☆ Move over, millennials: Gen Zers are coming for boomers' houses
▼ + stars: | 2024-01-17 | by ( James Rodriguez | ) www.businessinsider.com time to read: +11 min

After all their economic misfortune, they'll still face a turbulent housing market and potentially tens of thousands of dollars' worth of necessary updates to boomers' aging houses. In his 2022 paper, "Who will buy the baby boomers' homes when they leave them? ", Engelhardt argued that mass aging would send ripples through the housing market but fail to push down prices significantly. After that point, demand for home purchases will once again outpace supply as millennials buy more homes and younger generations, like Gen Z and Gen Alpha, file in behind them. The timing of boomers' exit will mostly benefit younger generations, like Gen Z and Gen Alpha, who should find themselves on steadier footing than their predecessors.

Persons: Xers, they've, Zers, they'll, Odeta Kushi, Kushi, Gary Engelhardt, Engelhardt, Issi Romem, Meredith Whitney, Boomers, Gen Zers —, Gen, who've, millennials, boomers, Jessica Lautz, Nicole Bachaud, They've, Redfin, Alpha, they're, Lautz, savvier, Zoomers, James Rodriguez Organizations: millennials, Syracuse University, Boomers, Federal Reserve, Alpha, National Association of Realtors Locations: granny, New York, Los Angeles, Chicago, Dallas

☆ My husband is 16 years older than me. I wasn't prepared for the anxiety that would come with marrying an older man.
▼ + stars: | 2024-01-14 | by ( Allison Snyder | ) www.businessinsider.com time to read: +4 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . When I fell in love with a man 16 years my senior, I knew I'd likely be the one left behind. I wasn't prepared for anxiety about our age gapDuring our first years of marriage, I wasn't prepared for the many ways my anxiety over our age difference would manifest. My husband is in excellent health, not just for a man in his 50s, but for anyone.

Persons: —, wasn't, I'd, should've, He'd Organizations: Service

☆ Diamonds Made With Solar Power Are Offering Fiancées Ethical Fashion
▼ + stars: | 2024-01-13 | by ( Yusuf Khan | ) www.wsj.com time to read: +8 min

“She really did not want a natural diamond because of the child labor [concerns],” said Henshall. A lab-grown diamond made with solar power. Made largely in China and India, lab-grown diamonds are produced using heat and pressure but without any mining. Three years later the former retail executive started selling lab-grown diamonds produced in a solar-powered factory in Gujarat, India. The volume and quality can vary but is a good barometer of appetite for natural diamonds, as well as prices.

Persons: Peter Henshall, Tasha Mawdsley, Tasha, ”, Henshall, “, Peter aren’t, Paul Zimnisky, Pandora, Laura Lambert, Fenton, “ It’s, We’ve, ” Lambert, ” Beth Gerstein, David Kellie, De Beers, De, Lightbox, LVMH, Cartier, Richemont, Kyle Grant, Grant, it’s, Yusuf Khan Organizations: Natural Diamond, Business, First Insight, Baker Retailing, Wharton School, University of Pennsylvania, Diamond Exchange, Miners, De Beers, yusuf.khan@wsj.com Corrections, Amplifications Locations: Ibiza, China, India, Danish, London, Gujarat, U.S, Amplifications Danish

☆ I used to work at Disney World and visit the parks for free. Now that I'm just a guest, I'm way more cynical about the price.
▼ + stars: | 2023-12-02 | by ( Jordyn Bradley | ) www.businessinsider.com time to read: +5 min

I worked at Disney World and visited the theme parks for free all the time. AdvertisementIf you're looking for a vacation that's a great value, I don't think you'll ever find it at Disney World. My partner and I recently planned our first Disney trip together and told ourselves we could do it on a budget. I'm used to getting discounts all over Disney WorldWhen I worked at Disney World, I visited the parks for free and got added discounts. I still loved my trip, but I do feel like Disney World is too expensiveIt will probably be a while before I head back to Disney World.

Persons: I've, I'm, —, Jordyn Bradley, Mickey pretzels, Mickey, mignon, Jordyn Bradley I've Organizations: Disney World, Service, Disney, Sports, Disney Springs, Hollywood Studios, Epcot, Sam's Club Locations: Magic Kingdom, Epcot, Japan, Canada, Magic

☆ Jannik Sinner: Why the Carota Boys are ‘finding a lot of love’ for Italian tennis star
▼ + stars: | 2023-12-01 | by ( George Ramsay | ) edition.cnn.com time to read: +6 min

CNN —Go to a major tennis tournament and it’s hard to miss the Carota Boys, a team of six men decked in full-body, bright-orange carrot costumes. It’s only over the past seven or so months that the Carota Boys’ love for Sinner has really blossomed, endearing themselves to the tennis public in the process. The conception of the Carota Boys originates with the friends’ tradition of buying tickets for tennis tournaments to celebrate each other’s birthdays. The Carota Boys attend the ATP Tour Finals in Turin, Italy, watching Sinner take on Greece's Stefanos Tsitsipas. “Jannik and all the Carota Boys are born in a place near the mountains.

Persons: Sinner, – Lorenzo Ferrato, Francesco Gaboardi, Gianluca Bertorello, Enrico Ponsi, Alessandro Dedominici, Alberto Mondino –, TIZIANA FABI, Ferrato, Lavazza, Novak Djokovic, “, ” Ferrato, “ Jannik, Clive Brunskill, “ Let’s, let’s, we’ve, Jannik, ”, Valentino Rossi, Max, Michael, Schumacher, Daniil Medvedev, Valerio Pennicino, Carlos Alcaraz, Denmark’s Holger Rune, Djokovic, ” Djokovic, he’s, Sinner’s Organizations: CNN, Carota Boys, ATP, Getty, CNN Sport, Boys, Wimbledon, Davis, ITF Gaboardi, Italy, Australia, “ Locations: Italy, It’s, Turin, Revello, Rome, AFP, Vienna, Austria, Paris, London, New York, Malaga, Spain, Formula

☆ UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +3 min

The number of billionaires rose by 7% to 2,544 people globally, UBS said in its 2023 Billionaires Ambitions Report, with their total worth rising by 9% to an estimated $12 trillion. For the first time since the study started in 2015, billionaires accumulated more wealth via inheritance than through their own business activities. Among the 137 new billionaires, a total of $150.8 billion was inherited by 53 heirs over the last year, exceeding the 84 new self-made billionaires' total of $140.7 billion, the bank said. The study highlighted a trend away from self-made billionaires, created by the tech industry boom and symbolised by the rise of Tesla boss Elon Musk and Amazon founder Jeff Bezos. Still, despite the large inherited wealth, this did not necessarily mean a new generation of super-rich 20 somethings.

Persons: Denis Balibouse, Benjamin Cavalli, Cavalli, Elon Musk, Jeff Bezos, Michael Viana, King Charles, John Revill, David Evans Organizations: UBS, Credit Suisse, REUTERS, Rights, UBS Global Wealth Management, Amazon, Thomson Locations: Swiss, Zurich, Switzerland, flotations

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