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  • Winemaking Lures the Wealthy, But Not With Profits Monday, 28 May 2012 | 9:08 AM ET
    The 2012 Premiere Napa Valley Trade Auction at The Culinary Institute of America at Greystone in Helena, CA.

    People who made fortunes in profitable industries define success in the winemaking business as breaking even.

  • Yoshikami: Four Things You Need to Know About Gold Now Friday, 25 May 2012 | 10:26 AM ET
    Gold

    Since the price of gold spacer has not ratcheted up in this latest Europe driven downturn, some say surely that must mean that the wisdom of owning gold is now null and void. I disagree; gold should still be a part of your investment plan.

  • Where Do the Happiest Millionaires Live? Thursday, 24 May 2012 | 2:15 PM ET
    Malaysia skyline

    A recent survey of 2,800 millionaires across the region, conducted by Scorpio Partnership, a global wealth-management consultancy, shows that high net worth individuals, especially those living in India and Indonesia, are the happiest, and most optimistic about growing their fortune.

  • Australian Becomes World’s Richest Woman, Mag Says Wednesday, 23 May 2012 | 12:45 PM ET
    Gina Rinehart, chairwoman of Hancock Prospecting Pty., attends the Commonwealth Business Forum in Perth, Australia, on Wednesday, Oct. 26, 2011.

    According to Australia's BRW magazine, mining magnate Gina Rinehart’s net worth is now $28.5 billion. That tops WalMart heiress Christy Walton’s $26 billion pile.

  • Reticent Rich: Preferred Style in Silicon Valley Friday, 18 May 2012 | 2:57 PM ET
    Silicon Valley, California

    Here in one of the richest corners of the country, the tech elite display an ambivalent, sometimes contradictory approach to wealth. Money is a measure of the power of the companies that entrepreneurs have built, rather than a thing to display.

  • For the Rich, Diamonds are the New Stocks Wednesday, 16 May 2012 | 11:55 AM ET
    The 35-carat pear-shaped diamond Marie de Medici wore at her coronation in 1610, one of the world's most famous gems.

    New studies show that the wealthy are pulling back from stocks  and stashing more of their money into real-estate, art and even diamonds.

  • In these tough market conditions, it could be said that no private jet model is 100 per cent safe. But this has not stopped new types of private jet travel emerging.

  • Economic Warfare - Ziad K. Abdelnour

    In making his case, says most major wealth creation comes from doing what other people consider insufferably boring.

  • Child holding dollar currency notes

    Who wants their kid to be a millionaire? Ron Lieber of the New York Times looks at books advising upwardly mobile parents.

  • Marc Andreessen

    All six partners at Andreessen Horowitz are committing to donate at least half of their lifetime income from venture capital investments to charity.

  • Rich Americans Most Upbeat They've Been in Year Friday, 20 Apr 2012 | 5:56 PM ET

    Fifty percent of all wealthy Americans are now optimistic about the economy, up 12 percent this year and the highest in about a year, a new survey says.

  • For Two Economists, the Buffett Rule Is Just a Start Monday, 16 Apr 2012 | 4:40 PM ET
    Thomas Piketty (L), Emmanuel Saez (R)

    High earners worried that this year’s Tax Day will be the last before their rates rise have more than the White House and Washington to blame. They can also look to two academically revered French economists whose work is the subtext for the battle over tax fairness.

  • How Much Was Titanic Victim John Astor Worth? Monday, 16 Apr 2012 | 12:15 PM ET
    Mr and Mrs Astor, First Class passengers on Titanic, Madeleine Force and John Jacob Astor had been on an extended honeymoon in Egypt and Paris and in the spring of 1912, decided to return to America on board Titanic.

    While it’s generally accepted that John Jacob Astor IV was the richest man in the world when he went down with the ship, estimates of his personal fortune range wildly.

  • The World's Richest CEOs Tuesday, 10 Apr 2012 | 1:50 AM ET
    The world’s richest chief executives have all either founded or built companies from the ground up, in many cases transforming their industries.While some of them inherited wealth, most came from modest beginnings. One started as a newspaper boy, another as an insurance salesman, a third as a mortgage broker.Our list of the 10 richest CEOs spans across four generations; the youngest CEO on the list was born in 1984, the oldest in 1930.The ranking is based on net worth figures from Wealth-X, a re

    The world’s richest chief executives have all either founded or built companies from modest beginnings. Find out who are the world’s wealthiest billionaire-CEOs.

  • US Union Pensions Hole Deepens to $369 Billion Sunday, 8 Apr 2012 | 11:04 PM ET

    The hole in the pension plans of US labor unions now stands at $369 billion, Credit Suisse has calculated with the aid of new reporting standards. This raises the prospect of higher pension contributions for employers and deteriorating industrial relations. The Financial Times reports.

  • Pensions Find Riskier Funds Fail to Pay Off Monday, 2 Apr 2012 | 11:37 AM ET

    Public workers’ pension funds across the country are increasingly turning to riskier investments in private equity, real estate and hedge funds, and they aren't paying off, reports the New York Times.

  • Bacon Coffin

    I'm looking forward to winning tonight's Mega Millions lottery, now up to $640 million, with a cash option of $462 million. I'll take the cash. I've already started contemplating how to spend it in this life - and for the afterlife.

  • America's Biggest Wealth Gaps Thursday, 29 Mar 2012 | 12:08 PM ET
    The grass really is greener on the other side of the fence in some places around the country. According to a U.S. household income inequality has grown by 18 percent since 1967, although this trend has slowed in recent years. Wealth disparity is also proving to be a hot topic during the 2012 election year, with Republican candidate Mitt Romney igniting criticism that his high net worth puts him out of touch with average Americans while the Obama administration struggles with the politically char

    The grass really is greener on the other side of the fence in some places around the country. Here's where the biggest wealth gaps exist.

  • Not-So-‘Mad’ Ideas About Taxes Sunday, 25 Mar 2012 | 12:12 PM ET

    “Mad Men” plays to fantasies of louche living, but it also gives credibility to the liberal belief that high taxes won’t constrain the rich.

  • China's Richest Lawmakers Tuesday, 20 Mar 2012 | 2:12 PM ET
    China's stupendous economic growth over the past decade has led to an increase in its billionaire population, with many of the richest in the country belonging to the political elite.China's National People's Congress (NPC), its highest legislative body, has 2,987 deputies elected from the ruling Communist Party and some of them are the wealthiest businesspeople in the world.The 75 richest members of China's NPC have an average net worth of $1.2 billion. In comparison, the median net worth of U.

    The 75 richest members of China's National People's Congress have an average net worth of $1.2 billion. Check out the list.

 

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