Hiranmayi Srinivasan

2 weeks ago | investopedia.com | Hiranmayi Srinivasan

The U.S. covers about 2.26 billion acres-60% of that (1.3 billion acres) is privately held by wealthy individuals and corporations. The bulk of that land is made up of farms and ranches, and the rest is mostly forests. U.S. farmland is valuable. As of 2024, the average value of farm real estate in the U.S. hit $4,170 an acre, more than double what it was in 2007. Key Takeaways "Farmland is more than a business asset for most families in agriculture.

2 weeks ago | investopedia.com | Hiranmayi Srinivasan

Key TakeawaysSecretary of Homeland Security Kristi Noem has a multimillion-dollar fortune through her time in government, as an author, and via her husband's insurance business. Prior to her latest role in President Donald Trump's administration, Noem was the first female governor of South Dakota, her home state. Before she was elected governor, Noem represented South Dakota in the House of Representatives from 2011 to 2019.

3 weeks ago | investopedia.com | Hiranmayi Srinivasan

Key TakeawaysU.S. Secretary of Defense Pete Hegseth has built his multimillion-dollar wealth through his time as a host for Fox News, speaking engagements, and book royalties. Hegseth was a television commentator before joining President Donald Trump's second administration; he also served in the Army National Guard for several years, and was part of several active-duty deployments. He was confirmed in January.

1 month ago | investopedia.com | Hiranmayi Srinivasan |Adrian Nesta |Amanda Morelli

Key Takeaways Do you have $35,000 in cash? You should, according to an Investopedia analysis. That might seem like a lot of money-and it may strike you as higher than other recommended emergency fund figures. (It's about 40% of the average US household's annual income, according to Census Bureau data.) But that's the estimated cost of six months' expenses for the average household, which is what experts recommend you aim to save.

1 month ago | investopedia.com | Hiranmayi Srinivasan

Key TakeawaysAward-winning writer and director Ryan Coogler is a multi-millionaire now-but he didn't start out that way: He was once $200,000 in debt from film school. The success of his films "Fruitvale Station," "Creed," and "Black Panther," have made Coogler one of the highest-grossing Black filmmakers. Coogler, the first Black director to shoot a Marvel film, directed the vampire horror film "Sinners" starring Michael B.