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  • 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.

  • After the Storm, the Little Nest Eggs That Couldn't Thursday, 8 Mar 2012 | 4:05 PM ET

    After the stock market sank in 2008, many investors lost money from their 401(k)s, leaving those who are looking to retire strapped for cash, the New York Times reports.

  • Fed Study of Student Debt Outlines a Growing Burden Tuesday, 6 Mar 2012 | 8:12 AM ET
    cost of education

    As many as 27 percent of the 37 million student-loan borrowers have past-due balances of 30 days or more, a Federal Reserve Bank of New York report showed. The New York Times reports.

  • Warren Buffett

    Warren Buffett's live appearance on CNBC's Squawk Box on February 27, 2012 generated some headlines as he said single-family houses are a bargain right now, revealed Wells Fargo is his favorite bank stock, and recalled the advice he gave Steve Jobs a couple of years ago on what to do with Apple's cash.  You can read the entire three-hour conversation in this downloadable PDF transcript.

  • Tax Code Not Aligned With Basic Principles Tuesday, 21 Feb 2012 | 1:38 PM ET

    With its relatively heavy taxes on labor, light taxes on unearned income and broad ranges of rates within the same income levels, the American tax code violates fundamental principles of income taxation. The New York Times reports.

  • A man walks past a billboard outside a shopping mall housing luxury brands in Shanghai.

    Chinese shoppers have become a fixture of the luxury retail scene in the US and Europe, drawn by much cheaper prices than at home. But many upscale brands have yet to bond with China’s million millionaires. The Financial Times reports.

 

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