NYC Is No Longer the No. 1 City for the Super-Wealthy
by Zoe Rosenberg The yearly Knight Frank's Wealth Report that surveys the movements of the global ultra-rich has been released (h/t CityLab), and—truly, surprise!—New York City's status amongst the...
View Article5 surprising habits of the wealthy
Paul Sullivan Personal finance advice too often consists of prescriptions. Do this, not that and save the difference for a better financial future. That’s a diet, not a plan. And like diets, this kind...
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Billionaire J. Paul Getty refused to pay $17m ransom for his kidnapped Grandson
Billionaire J. Paul Getty refused to pay $17m ransom for his kidnapped Grandson. When the teenager’s severed ear arrived, he agreed $3m but only paid $2.2m… the maximum that would be tax deductible. He...
View ArticleRich people
1. Rich people believe "I create my life." Poor people believe "Life happens to me."2. Rich people play the money game to win. Poor people play the money game to not lose.3. Rich people are committed...
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Excerpted from "The Thin Green Line: The Money Secrets of the Super-Wealthy"
Oh sh*t, I’m the 1 percent: Secrets of the super-wealthy I grew up poor. My kids now live in Fairfield County. We all think we're middle-class because we always feel behind PAUL SULLIVANExcerpted from...
View ArticleAndrew Getty's death does not appear to involve foul play, authorities say
By MATT HAMILTON, KATE MATHER, JAVIER PANZAR AND RICHARD WINTON The grandson of oil baron J. Paul Getty was found dead at his Hollywood Hills homeAuthorities investigating the death of Andrew Getty, an...
View ArticleGay Porn Star, 25, Accused Of Blackmailing $500K From Wealthy L.A....
LOS ANGELES (CBSLA.com) — Authorities are accusing a 25-year-old gay porn star of blackmailing and extorting a wealthy LA businessman out of more than $500,000.Teofil Brank, who goes by the name Jarec...
View ArticleWhen It Comes to Proms, Poor Outspend the Wealthy
-- Martha C. White NBC Poor families pay more for their kids to go to prom, not just as a percentage of their income, but in absolute dollars, a new study finds. Visa's annual Prom Spending Survey...
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Where to hunt down the 1-percenters
NYC, Jackson Hole have highest average earners in U.S.Author: By Jeanne Sahadi NEW YORK (CNNMoney) - New York, N.Y. is a helluva town -- at least for those who want fat paychecks.Tax filers living in...
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Cause of Getty death
LOS ANGELES -- Andrew Getty, among the heirs in a family whose name is synonymous with elite American wealth, was found dead in his Hollywood Hills home of what was most likely natural causes or an...
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What water shortage?
California homeowners are under strict new orders to reduce water use due to the drought. Many are taking drastic measures like removing their grass, but the mandate seems to have gone unnoticed in...
View ArticleRich People Are Great at Spending Money to Make Their Kids Rich, Too
The poor spend relatively more on what will keep them alive, because they must, and the rich spend more on what will keep them rich, because they can. DEREK THOMPSONAPR 7 2015, 10:54 AM ETEach year,...
View ArticleTHE rich think differently to the rest of us.
You need look no further than mining magnate Gina Rinehart with her “get out of the pub” comments or billionaire Clive Palmer’s plans to build Titanic II to see that.The author of How Rich People...
View ArticleARE rich people just good with money or is there something a little deeper...
Most people would agree that certain lifestyle choices and daily habits are as valuable in the quest for wealth as a sound understanding of finances.On the flipside, there's a bunch of stuff you should...
View ArticleWHERE THE POOR AND RICH SPEND REALLY SPEND THEIR MONEY
By Max Ehrenfreund • Washington PostWASHINGTON • Lawmakers in several states, including Missouri, are urging limits on how welfare recipients use public benefits, suggesting that the poor are buying...
View ArticleUkrainian businessman tops U.K. list as Britain’s wealthy get even richer
AFP-JIJILONDON – In a rich list released Sunday which is studded with members of the international jet set living in London, Ukrainian businessman Len Blavatnik has been named the wealthiest man in...
View ArticleMerrill Lynch tells wealthy parents how to not spoil their kids: Leave them...
Joan ShippsIn a white paper called “How Much Should I Give to My Family? On the risks and rewards of giving,” Merrill Lynch reveals America’s wealthiest investors believe $26 million is too little to...
View ArticleFor the uber-wealthy, a new threshold for luxury-priced homes: $100 million...
WASHINGTON – The poshest of luxury homes are acquiring the cachet of a masterwork by Picasso or Matisse.Rather than settle for garages of antique cars or a museum's worth of paintings, billionaires...
View ArticleBritish conman who made £15,000 a month by tricking wealthy women into...
• Andrew Gradon, 42, preyed on women in short-stay car parks of airports• Spun lie that he had missed flight and exceeded limit on his bank card• Claimed he could fly home...
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