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Wealth

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  • Ultra-Wealthy Are Shunning Stocks Monday, 4 Jun 2012 | 11:59 AM ET

    Wealthy investors are shying away from U.S. stocks and putting more money into private companies, real-estate and commodities, according to a new study.

  • A Few Restaurant Tips for Mark Zuckerberg Friday, 1 Jun 2012 | 11:04 AM ET
    Mark Zuckerberg

    The Facebook billionaire raised Romans' ire when he failed to leave a tip at a posh restaurant.  But do Italians have different rules for Americans?

  • After two consecutive months of positive improvement, optimism of America’s wealthiest has dipped due to continued concerns about the economy and the job market.

  • America Lost 129,000 Millionaires in 2011 Thursday, 31 May 2012 | 11:59 AM ET

    A new report says America’s millionaire population declined last year for the first time since the 2008 crisis.

  • A Tale of Two Markets: Mega Homes Surge Thursday, 31 May 2012 | 10:07 AM ET
    Luxury Aspen Home

    From $16 million log mansions in Aspen to $90 million Manhattan penthouses, high-end real estate is defying the broader real-estate slump.

  • Income Gap Leads to a Luxury Gap Wednesday, 30 May 2012 | 11:34 AM ET
    Prada Shopper

    As Asia cools and Europe’s middling wealthy hunker down, the super-rich are expected to be the prime movers in the market for luxury goods.

  • The Mass Migration of the Super-Rich Tuesday, 29 May 2012 | 11:32 AM ET
    Switzerland

    Whether it’s wealthy French or Americans fleeing the prospect of higher taxes or wealthy Russians and Chinese trying to escape political uncertainty, millionaires and billionaires around the world are migrating like never before, according to government statistics and relocation experts.

  • 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.

 

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