Chuck Feeney, an unconventional billionaire who is revolutionizing philanthropy by closing his foundation

chuck feeney

Chuck Feeney

Chuck Feeney is a self-made billionaire who is an extreme philanthropist. He believes that charity shouldn’t go on forever and his fellow billionaires, from newly minted Silicon Valley entrepreneurs to Bill Gates and Warren Buffett, are learning from his example.

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Do states with no income tax save residents money?

no state taxes

A state might have no income tax, but it might make up for that through other taxes.

If you’re thinking about moving to a new location, it’s reasonable to seek out spots that might cost you less. Thus many people turn to states with no income tax. However, there’s more to the picture than income taxes.

 

 

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Crowdfunding will provide $65B to boost the 2014 global economy

crowdfunding money

A new law will allow entrepreneurs to equity crowdfund from anyone with the cash and the interest.

Crowdfunding is really big and it’s only going to get a whole lot bigger.  If you’ve been skeptical of all the crowdfunding buzz, consider this: By the end of 2014, crowdfunding is estimated to add at least 270,000 jobs and inject more than $65 billion into the global economy, according to estimates from crowdfunding platform Fundable. (Infographic)

 

 

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American’s financial lives explained in 29 charts

money

How much money you make and how you spend that money plays a huge part in what your life looks like.

What makes us unique? Well, we like to think lots of things make us unique: where we’re from, how we were raised, our tastes, our education. But for better or worse, how much money you make and how you spend that money also play huge parts in dictating what your life looks like.  Vox presents 29 charts below showing how Americans earn and spend money, from childhood through their golden years.

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Map shows the wealthiest person in each state

richest person in each state

The real estate blog Movoto shows the net worth of the richest resident in each U.S. state on this interactive map. Darker shades of blue reflect those at the richest end of the wealth spectrum, while darker shades of red reflect those at the lower end. As you can see in the map, there’s a wide gulf between the fortunes of America’s richest.

 

 

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Democratization of funding is disrupting the venture capital landscape

money

Democratization of funding is changing the VC landscape.

The venture capital and funding market has changed dramatically over the last ten years. In the past venture capitalists were the go-to-guys in the playground, there are new players giving entrepreneurs with many choices. One used to focus their efforts in the famed VC offices on Sand Hill Road, but today it is happening in every corner and coffee shop around the world.

 

 

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Health issues stress Americans more than anything else

stress

Health overwhelmed financial problems in terms of causes of stress.

We are all stressed. Work can get some people down, and of course money is something we all worry about. But Americans with health issues are more likely to experience a great deal of stress than anyone else, according to a recent poll conducted by the Harvard School of Public Health, the Robert Wood Johnson Foundation, and NPR.

 

 

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RevolutionCredit wants to change the way credit scores are calculated

credit-scores

RevolutionCredit is using online finance crash courses to help lenders better determine a person’s creditworthiness.

Could a better credit score may soon be just be a few mouse clicks away? The current system of determining a person’s creditworthiness is “inadequate and insufficient” and is costing both consumers and creditors, said Zaydoon Munir, founder and CEO of RevolutionCredit.

 

 

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It’s time to disrupt the venture capital world

monopoly

We are set to disrupt the way startup investments are made.

Billions of dollars are flowing through Venture Capital Companies into startups. And that is an incredibly important development to bring more innovation, disruptive thinking and many more businesses to life. However, the Kauffman Foundation, a pretty influential force in the VC world, has expressed their frustration in a recent report:

 

 

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