Wealth Inside Wealth

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  • Sen. Chuch Schumer

    Sen. Chuck Schumer's disapproval of Eduardo Saverin's move to Singapore has led several commentators and pundits to praise Saverin for taking a stand against the U.S. tax code.

  • 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.

  • greece_flag_200.jpg

    Whether shipping magnates or oligarchs of oil, gas, media and banking, wealthy Greeks are mainly keeping their heads down.

  • Tiffany Gift Box

    Abstract goes here

  • 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.

  • chinese wedding couple_200.jpg

    In China, more than 2,800 women gathered to meet, and possibly marry, a group of 11 men purportedly worth a billion yuan.

  • Aubrey McClendon, CEO of Chesapeake Energy Corp.

    While Mark Zuckerberg’s daily wealth gyrations may be new, the phenomena of sudden wealth loss is not.  It is now part of the world of wealth, where a growing number of personal fortunes are made and lost in the volatile stock market.

  • Sotheby's staff carry away the Edouard Manet painting entitled 'Portrait De Manet Par Lui-Meme, en Buste' (Manet A La Palette) ('Self-Portrait with a Palette') after it was auctioned at Sotheby's in London on June 22, 2010 where it fetched 20,000,000GBP.

    The majority of the world’s art that is not on display, either in museums or private residences, is stored in a small number of tax-free ports across the globe, mainly in Switzerland.

  • Mark Zuckerberg

    By the time the stock closed near its opening price of $38, his holdings were worth more like $20.3 billion. Paper losses like Zuckerberg’s are not uncommon when an individual’s net worth is so closely tied to a single stock—and a volatile one at that.

  • One 57 Manhattan

    A mystery buyer has agreed to pay a record price in New York of more than $90 million for the duplex penthouse at a Midtown tower, the building’s developer said Thursday.

  • 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.

  • Mark Zuckerberg

    The freshly minted tech millionaires and billionaires of Silicon Valley, including those benefitting from Facebook’s IPO today, are selling stock earlier and in larger numbers than previous generations of tech tycoons.

  • Big Ben

    London prices have risen 45 per cent over the past three years, compared to only 15 per cent in Geneva, 17 per cent in Paris and 10 per cent in New York, making London ever more expensive (and desirable) than its western peers.

  • 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.

  • Facebook IPO papers

    Facebook is expected to be one of the largest one-time wealth-creation events in history.  All that new wealth is also expected to generate millions, if not billions, in tax revenues for California. But can Facebook’s Wealth Effect rescue California from its latest budget crisis?

  • 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.

  • couples_dinner_200.jpg

    Investing in restaurants has a bad name. But plenty of people find ways to run restaurants profitably and make a good deal of money from the enterprise.

  • nanny-holding-baby-200.jpg

    Many wealthy homeowners consider their household help members of the family, and don’t think about their constant presence as a wage, discrimination or harrassment suit waiting to happen.

  • New York City skyline

    Reaching for the American dream? Your best chances are probably in New York, New Jersey or Maryland, the New York Times reports.

  • Stockholm

    Real estate prices dipped this year because of reduced mortgage availability and market inertia caused by heavy regulation.

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