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Vista House, a private home in Westlake, Georgia, sponsored by Vista Global during the Masters.Credit: VistaJetA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Private jet companies are rolling out the red carpet for their top clients at the Masters Tournament, as competition shifts from the air to the ground with lavish hospitality events and experiences.Thousands of private jets are expected to fly in and out of Augusta, Georgia, and nearby airports for the Masters in the coming…

If you’ve been out and about in New York City, chances are you’ve seen a Hulken. Loading audio narration… The boxy, tote-on-wheels bags have quickly become the modern, sexier version of a granny shopping cart. Gen Z has embraced the bags — which range in color from trendy chocolate browns to spunky pinks and are made of a durable, water-resistant plastic — as the new hot way to schlep more chic-ly.I have to admit that I did not have such a fond first experience with the bags after receiving a large one at a 2024 event. It was the biggest…

You could own a row of Bel Air mansions, a fleet of Bugattis, and a closet full of Birkin bags and still not be wealthy in Kevin O’Leary’s eyes. Loading audio narration… “You’re not rich if it’s all tied up in real estate, you’re not rich if it’s in jewelry and in cars and in boats and all that stuff,” the “Shark Tank” investor told Fox Business’ “Varney & Co.” this week.The O’Leary Ventures founder and self-proclaimed “Mr. Wonderful” said that many wealthy people lack a sufficient “safety net” as they don’t have enough assets that can quickly be converted…

You might be qualified for the job, but do people actually like hanging out with you? Loading audio narration… That’s a question United Airlines is interested in when assessing new hires — and uses a unique tactic in order to answer it.Scott Kirby, United Airlines CEO, told McKinsey chief Bob Sternfels in an interview published in early April that he started a new process at the company aimed at evaluating if a candidate is a good cultural fit.Kirby said he asked the head of flight operations to identify a dozen pilots who are “well-liked by everyone.” When candidates come in…

Go to Miami, they said. It’s “Wall Street South,” they said. Loading audio narration… Since the early days of the pandemic, the 305 has been pitched as the “new” Wall Street. Warm weather and low taxes! What’s not to love?But “Wall Street South” hasn’t really materialized, despite hedge funds touting big investments in the city. BI’s Bradley Saacks has the numbers to prove it.Last year, eight of the world’s largest hedge funds had 218 investment professionals in Miami, according to public filings. A year later, that number dropped by 20, even as firms increased their investing head count by more…

AI isn’t just reshaping how corporate America works. It’s also rewriting the rules for standing out — including how companies evaluate promotion potential. Loading audio narration… Big Four firm EY, for example, is rethinking what career pathways look like in the age of AI, as the tech influences everything from recruitment to onboarding to talent development and promotion.”Undoubtedly, AI is changing how work is done,” Ginnie Carlier, EY Americas’ chief talent and culture officer, told Business Insider in an interview. “The traditional organizational pyramid is giving way to more flexible career portfolios, where impact matters more than title or tenure.””Managers’…

Walk into a grocery store or scroll TikTok, and it’s increasingly hard to find a beverage that’s just a beverage. Instead, cans and powders promise everything from better sleep to sharper thinking to improved digestion, often all at once. Loading audio narration… The global functional beverage market was worth about $208 billion in 2024 and is projected to more than double over the next decade, according to Zion Market Research. As the category explodes, so does the competition — and the number of ingredients and promises brands are cramming into every sip.”It’s like a smorgasbord of beverages,” Michael Della Penna,…

Legendary investor Howard Marks has endorsed a book on the 1929 crash as he warns about excesses building in today’s markets. Loading audio narration… In his latest memo, the Oaktree Capital cofounder said Andrew Ross Sorkin’s “1929: Inside the Greatest Crash in Wall Street History — and How It Shattered a Nation” is “the best investing book I’ve read in years.”Marks praised the book, published in October, for describing the Wall Street crash as “not by dryly recounting the events, but through profiles of the protagonists of the day.”Fueled by a yearslong speculative boom and heavy margin buying, the stock…

Bobbi Brown, 68, says being fired from her namesake brand at Estée Lauder forced her to leave a job she was unhappy in. Loading audio narration… On Thursday’s episode of “Aspire with Emma Grede,” the entrepreneur reflected on how her exit from Estée Lauder became a turning point in her career.”I got fired, which is a good thing. And I didn’t know what I was going to do. It was the first time in so many years,” Brown told podcast host Emma Grede.Brown founded Bobbi Brown Cosmetics in 1991 and sold it to Estée Lauder for a reported $74.5 million…

Andrew Pritchard said his first exposure to smuggling was when he was 7 and returning home to the UK from a family trip to Jamaica. Loading audio narration… He remembers that his and his sister’s suitcases were incredibly heavy. When they got home, his parents opened them, revealing “loads of bottles of white rum,” he said.”At the time, overproof white rum was something which you couldn’t get in this country,” Pritchard told Business Insider in an interview for its video series “How Crime Works.”Pritchard’s spiral into large-scale criminal drug smuggling didn’t happen until later in his early 20s. He wasn’t…