Most wealthy families see their fortunes disappear within a few generations
CHRIS TAYLORNew York — ReutersPublished Wednesday, Sep. 02, 2015 7:25AM EDTWhen Stephen Lovell used to visit his grandparents as a kid, it was like entering the world of Cole Porter or “The Great...
View ArticleWhy the rich are more likely to get married than the poor
The Marriage Foundation reported that this may be because marriage is an expensive venture that only the rich can afford. Also, the rich understand better than the poor that staying with a partner...
View ArticleA self-made millionaire who studied 1,200 wealthy people found they teach...
KATHLEEN ELKINSRich people teach their kids to be rich.Wealthy people do things differently than average people.They continually self-educate, they avoid nostalgia, and they tend to embrace...
View Article32 Cockatiels Who Are Now Very Wealthy (For Cockatiels, At Least)
Brendan O'ConnorIn her will, the late Leslie Ann Mandel, an entrepreneur who lived in Manhattan, left $100,000, with instructions, to her 32 cockatiels. Her will asks that the birds continue to live in...
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Queen not so rich
By AIMEE PICCHI MONEYWATCH September 9, 2015, 11:58 AMJust like the British empire, the fortunes of its longest-reigning monarch aren't what they used to be.Queen Elizabeth II, who on Wednesday...
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KFC, Starbucks lookalikes thrive among wealthy in U.S. sanctions-hit Sudan
"I have a good customer base and I'm looking into opening more branches," Atef Abdullah, the restaurant's owner, said in an Aug. 16 interview. He gestured at the company emblem of a grinning, avuncular...
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Wealthy people tend to keep their friendship circle with in their home...
(NASDAQ:FB)• BY RAMONA MARSHALL• The common perception that people from elite social class have more friends abroad is probably wrong as according to Facebook Inc (NASDAQ:FB) data,...
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Why are the rich pulling their kids out of school?
Holly Ellyatt | @HollyEllyattAs most children return to school, many affluent families are choosing to pull their children out of the mainstream education system altogether in favor of having a tutor...
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Do the Math: The Rich Really Are Different
By Mark BuchananIs extreme wealth inequality in the U.S. something that government can or should address? The answer depends on how it arises. If everybody has a shot at the top, maybe it's not so bad....
View Article'Diamond runner' and big game hunter who boasted of being wealthy and having...
• Robert McKenna, 43, told neighbors he was in the diamonds and gold trade in Africa• He said he was a big game hunter in Africa• Neighbors said his home was filled with...
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7 lessons on how the wealthy buy privacy
Bryce Sanders, Contributing WriterSep 24, 2015, 11:55am EDTHere are some ways that wealthy people maintain privacy, along with some practical steps on how you can use their strategies. F. Scott...
View ArticleRich people are more likely to survive cancer, new study claims
WEALTHY cancer patients are more likely to survive than sufferers from poor regions, a study has found.By LAURA HOLLANDEight out of 10 long-term survivors are from affluent areas, the survey claimed....
View ArticleMost wealthy, educated Americans have smartphones now
BY LISA BRYAN - AT NOVEMBER 01, 2015 The tablet market has been expanding - with 45 percent of U.S. adults saying they own a tablet computer, up from four percent in 2010 - but growth has cooled over...
View ArticleHere's how America's super-rich made their money
Donald Trump described how his journey to wealth "has not been easy," as he started out with only hard work and "a small loan of a million dollars" from his pops. But while The Donald may be less of a...
View ArticleSon charged with shooting dead his wealthy Conn. parents after learning he...
THE ASSOCIATED PRESSNED GERARD/APKyle Navin, right, was charged with two counts of murder in the deaths of his parents, Jeanette and Jeffrey Navin, who planned to cut him out of their will.BRIDGEPORT,...
View ArticleThe Upscale Traveler: LOUIS VUITTON LAUNCHES CITY GUIDE APPS
The Upscale Traveler: LOUIS VUITTON LAUNCHES CITY GUIDE APPS: Louis Vuitton's chic, anti-tourist City Guides are getting a mobile upgrade. Starting tomorrow, you can download app versions of e...
View ArticleThe Upscale Traveler: Journey Mexico launches villa program, site
The Upscale Traveler: Journey Mexico launches villa program, site: By Gay Nagle Myers / November 05, 2015 Mexican luxury travel company Journey Mexico recently added a component to its line of auth...
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Stephen Birmingham, Chronicler of the Rich and Other Elites, Dies at 86
By SAM ROBERTSNOV. 18, 2015Stephen Birmingham, the prolific novelist, purveyor of popular sociology and raconteur of the rich and famous in best-selling books like “ ‘Our Crowd’: The Great Jewish...
View ArticleIncome inequality makes the rich more Scrooge-like, study finds
Melissa Healy As the annual "season of giving" dawns, a new study finds that stark income inequity -- a dramatically rising trend in the United States -- makes the "haves" less generous toward...
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