Ultra-rich families spend more on private investment firms as fortunes rise

Ultra-rich families spend more on private investment firms as fortunes rise

Anciens Huang | Moment | Getty Images A 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. As the world’s wealthiest pad their fortunes, they are spending more to run their private investment…

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Hims & Hers Health to acquire Australia’s Eucalyptus for up to .15 billion

Hims & Hers Health to acquire Australia’s Eucalyptus for up to $1.15 billion

Hims & Hers Health said on Thursday it will acquire Australian digital ⁠health company Eucalyptus in a deal valued ​at up ​to $1.15 billion, ​as the U.S. telehealth platform seeks to broaden its personalized care business into ⁠new ‌international markets. The deal would ⁠give Hims & Hers a foothold in Australia and Japan while deepening…

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Wayfair (W) earnings Q4 2025

Wayfair (W) earnings Q4 2025

Wayfair store in Wilmette, Illinois. Courtesy: Wayfair Wayfair‘s annual sales grew last year for the first time since 2020 as the online furniture company continues to win over value-seeking consumers, the retailer announced Thursday.  In 2025, Wayfair revenue grew 5.1% to $12.5 billion. The gains follow a more than 1% year-over-year decline in 2024. The…

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