Dell founded his computer company in 1984 while a student at University of Texas. He had just $1,000 to start with.

Michael Jordan's net worth is estimated to be around $3.8 billion as of 2025. Here's everything to know about the NBA legend's billion-dollar fortune.

If you’re a high-income earner or someone with a diverse investment portfolio, there’s a little-known tax that can have a significant impact on your taxes that is often overlooked – the Net Investment Income Tax. Introduced back in 2013 as part of ...

If your investments made money, you might owe something called the net investment income tax (NIIT) on your profits. Although many investors are not likely to get hit with this bill, it’s important to know whether or not you’re subject to the NIIT to ...

Translation risk is the foreign exchange risk associated with the translation of net investments in foreign operations into a group’s presentation currency when preparing consolidated financial statements. As exchange rates change, so will the value of ...

President Joe Biden recently proposed a budget for 2022 that imposes a net investment income tax to help fund the main Medicare trust fund. Today, revenue from the net investment income tax goes to the U.S. Treasury. The investment income tax is a surtax ...

As part of the Affordable Care Act, known by most as Obamacare, several new taxes were enacted to help fund the program. Among these new taxes is the Net Investment Income Tax that became effective on Jan. 1, 2013. This regulation imposes a 3.8% surtax on ...