Abby Schultz

New York

Senior Writer at Barron's

Senior Writer at Penta

Articles

Wall Street Is Marketing Private Equity Investments. The Rich Are the Targeted Buyers.

3 days ago | barrons.com | Abby Schultz

As pension funds, sovereign-wealth funds, endowments, and other institutional investors pare private-equity stakes to generate cash and rebalance their portfolios, Wall Street has gone looking for new buyers: retail investors who have long been shut out of private markets.
The World’s Richest Are Even Richer Because of the Market’s Muscle

3 days ago | barrons.com | Abby Schultz

Surging U.S. stock markets fueled the growth of wealth in North America last year, although fiscal instability, currency pressures, and more sluggish markets led to fewer wealthy folks in Europe, the Middle East, and Latin America, according to the Capgemini Research Institute .
The world’s richest are even richer because of the market’s muscle

3 days ago | livemint.com | Abby Schultz

Summary The ultrarich were the fastest-growing segment of the world’s wealthiest, according to an annual report from Capgemini. This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories.
Yale, Harvard University Endowments Are Breaking Up With Private Equity

1 week ago | barrons.com | Andy Serwer |Abby Schultz

University Endowments Are Breaking Up With Private Equity. It’s Hard to Do.It once seemed like the perfect investment—offering better returns than stocks with less risk. Lately, though, private equity has become an albatross. Legendary Yale University endowment head David Swensen loved to riff on Benjamin Franklin’s line about life’s only certainties being death and taxes.
How the House Tax Bill Boosts the Wealthy

1 week ago | barrons.com | Abby Schultz

Among the biggest beneficiaries of President Donald Trump’s sprawling federal tax legislation are wealthy individuals and families.
Where the Richest Families Are Shifting Their Investments

2 weeks ago | barrons.com | Abby Schultz

Wealthy families are focusing more on publicly traded investments in developed markets—over less liquid alternative markets, such as private equity—while keeping an eye on the near-term consequences of a global trade war.
Nonprofits Face Higher Taxes in GOP Bill

3 weeks ago | barrons.com | Abby Schultz

Nonprofit leaders had feared the tax bill being crafted by congressional Republicans would recommend stripping nonprofits of their tax-exempt status.
Princeton, Yale, and MIT Could See Tax Rates Rise 15-Fold Under GOP Bill

3 weeks ago | barrons.com | Abby Schultz

The proposed GOP tax bill released by the House Ways and Means Committee on Monday would significantly raise taxes on the investment earnings of some colleges and universities, likely causing major shifts in investment strategy for many institutions.
Bill Gates Will Give Away $200 Billion in the Next 20 Years. It’s Nearly All His Wealth.

1 month ago | barrons.com | Abby Schultz

Bill Gates announced on Thursday that he will give away “virtually all his wealth over the next 20 years to the cause of saving and improving lives around the world”—an estimated $200 billion—and will close the foundation he co-founded. The move accelerates the Gates Foundation’s plans to spend down its endowment, which previously was scheduled to occur within 20 years of Gates’ death.
The Highest-Paid CEO in America Is Someone You’ve Probably Never Heard Of

1 month ago | barrons.com | Andy Serwer |Abby Schultz

The Highest-Paid CEO in America Is Someone You’ve Probably Never Heard OfCEO median pay rose 9.5% in 2024, less than the prior year but more than inflation and average worker pay. Shareholders did even better. The highest-paid CEO of 2024 wasn’t Jensen Huang, or Tim Cook, or even Elon Musk. Instead, it was James Anderson, the newly appointed CEO of Coherent, a technology company based in Saxonburg, Pa., that makes equipment and products for networking and laser systems.