Wealth Inside Wealth

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  • Rich Like Mitt: Millionaires Jump Into GOP Races Friday, 3 Aug 2012 | 11:06 AM ET
    Eric Hovde (R) Wisconsin is interviewed at Roll Call headquarters in Washington, D.C.

    A trio of wealthy political neophytes has roiled Republican Senate primary races, using personal fortunes to highlight their business backgrounds.

  • For Luxury Real-Estate, the 'Year of Capitulation' Thursday, 2 Aug 2012 | 1:06 PM ET
    A private beachfront family compound in Carpinteria, California.

    Falling prices for mansions have sparked a new wave of deals in the market for $1 million-plus homes. Will it continue?

  • 10 High-End Themed Hotel Suites Thursday, 2 Aug 2012 | 10:19 AM ET
    For some well-heeled travelers, Pratesi linens and Carrara marble are what defines a luxury hotel stay. But an increasing number of haute hotels now offer something more than high thread counts and luxe surfaces: themed suites that promise both shut-eye and eye-popping escapism. “People are searching for that ‘Wow’ factor,” says Nancy Novogrod, editor-in-chief of Travel + Leisure. “These are people who have seen a lot, and they want something to surprise and delight them – to experience a break

    An increasing number of haute hotels now offer something beyond mere refinement: themed suites that promise both shut-eye and eye-popping escapism.

  • Zucked Again! Biggest Losers of the Social Media Bust Wednesday, 1 Aug 2012 | 4:14 PM ET
    Mark Pincus, founder and chief executive officer of Zynga Game Network Inc.

    The recent decline in social-media stocks has shaved billions off the fortunes of company founders. But some took money off the table before the plunge.

  • Romney Tax Plan Helps Rich the Most: Tax Group Wednesday, 1 Aug 2012 | 1:37 PM ET
    Mitt Romney

    The value of the 20 percent tax cut for richer Americans would exceed the gains they get from popular tax breaks that Romney would chop.

  • Manhattan Penthouse Listed for $100 Million Tuesday, 31 Jul 2012 | 3:38 PM ET
    Citispire

    Abstract goes here

  • Saverin Makes Singapore Rich List  — at No. 8 Tuesday, 31 Jul 2012 | 11:27 AM ET
    Eduardo Saverin, co-founder of Facebook

    The Facebook co-founder who renounced his U.S. citizenship has an estimated net worth of $2.2 billion.

  • 'Paralyzed Plutocrats' Keep Economy Locked Up, Too Tuesday, 31 Jul 2012 | 11:00 AM ET
    Shoppers look at handbags at a Coach store in Pasadena, California.

    The wealthy are often the “first in and first out” of recessions, taking the initial risk and seeing the earliest signs of light, but the volatility of the markets has the ultra wealthy

  • How the Wealthy Get to the Games Tuesday, 31 Jul 2012 | 8:18 AM ET
    london-bridge-200.jpg

    For those who can afford the $1,600 fare, getting to the Olympics means a quick ride on a yacht up the Thames.

  • Voters: Tax the Rich, But Fix the Rest First Monday, 30 Jul 2012 | 3:53 PM ET
    Ballot Box

    A Gallup poll shows that taxing wealthy Americans doesn't even rank among the top 10 issues for American voters in November.

  • mansion_suburb_200.jpg

    Lower mortgage rates help all homeowners, but those with the highest monthly payments benefit most, and can afford to refinance repeatedly.

  • How to Lose $6 Billion in 48 Hours Monday, 30 Jul 2012 | 11:26 AM ET
    The businessman Eike Batista of IMX group.

    Brazilian billionaire Eike Batista lost $6 billion in 48 hours in this summer. That may be a record for speed and dollar amount, even among today's High-Beta Rich.

  • Wanted: Wealthy Spenders to Boost Recovery Monday, 30 Jul 2012 | 10:55 AM ET
    A shopper carries Saks Fifth Avenue bags up Fifth Avenue in New York City.

    The economy needs the kick-start of high-earners buying luxury goods, but a new survey says  rich consumers are no more confident than the rest of us.

  • Mystery Billionaire Builds World's Largest Yacht Friday, 27 Jul 2012 | 1:32 PM ET
    Azzam Super Yacht

    A new 590-foot yacht under construction in Germany will be the world's largest. But the owner's identity remains a mystery.

  • Why Wealthy Won't Sell Out to Avoid Fiscal Cliff Friday, 27 Jul 2012 | 12:46 PM ET
    Congressional Budget Director Elmendorf Testifies During Joint Deficit Reduction Committee Hearing

    The prospect of expiring U.S. tax cuts makes 2012 an opportune time for wealthy families to sell their businesses, but a host of obstacles will likely prevent a flood of deals

  • The world's largest yachts Saturday, 13 Jul 2013 | 7:00 AM ET

    The world’s super yachts are some of the biggest and most expensive toys of the super rich. Which super yachts rank as the largest in 2013? Click ahead to find out!

  • Behind a Gifted Horse, a Powerful Part Owner Thursday, 26 Jul 2012 | 5:15 PM ET
    ann-romney-200.jpg

    Rafalca, a 15-year-old mare from Germany, is owned in part by Ann Romney, wife of the presumptive Republican candidate for president, and represents an unusual collision of national politics and the Olympics.

  • Who, Me? A One Percenter? Thursday, 26 Jul 2012 | 1:22 PM ET
    man_looking_in_mirror_200.jpg

    Those earning incomes in the top one percent (like many Americans) rank themselves much lower than their actual position, and worry that the wealthy have "too much influence."

  • Homes of Billionaires: Warren Buffett Thursday, 26 Jul 2012 | 12:58 PM ET
    One of the world’s richest people is known for not being like those other billionaires. It’s not just that Warren Buffett has pledged to donate 99 percent of his fortune to charity or that he thinks the rich should be taxed more. It’s evident in his workplace as well: Berkshire Hathaway’s Omaha world headquarters occupy just one floor of its office building, and Buffett’s personal office doesn’t have a computer, a calculator or even a stock ticker. Buffett’s personal residential real estate poli

    One of the world’s richest people is known for not being like other billionaires, and this also applies to his minimal real estate portfolio. Have a look at his longtime home and a former vacation home.

  • Super-Yachts Crowd London's Docks for Games Thursday, 26 Jul 2012 | 9:56 AM ET
    paul-allen-yacht-octopus-200.jpg

    Led by Microsoft founder Paul Allen, the super-rich have brought their supersized boats to serve as party platforms and traffic-beating transportation during the Olympics.

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