There are dozens of theories about why women don't create more wealth themselves. Well, here's my theory: it's because we are risk averse, don't plan well, and have a messed up relationship with money.
My grandmother was a wise woman. She would tell me, "Live each day, one at a time." When I asked her how else you could live, she would take a sip from the flask under her apron and shrug her shoulders.
Galbraith reportedly got himself a $100 million piece (or more) of a Kurdish oil field. Hall's oil trading scams are picking our pockets by driving up the price of oil just enough for him to make a killing.
Collectively, the Forbes 400 have $1.57 trillion in wealth. It's hard to get your mind around a number like that. So let's imagine that it was available for the public good. What does $1.57 trillion buy?
Sometimes you can't declare victory until the other side concedes defeat. That's what happened Monday in the decade-long struggle over the future of the estate tax, our nation's only levy on inherited wealth.