The stories of both the Dewolfs and the McCains are significant for what they can teach us about the ongoing legacy of slavery and racism in the U.S.
Americans don't fear socialism because it isn't going to happen. They don't fear the redistribution of wealth but the permanent distribution of poverty at their doorsteps.
In choppy financial seas, even billionaires are unloading their prized but pricey toys. Despite making a mint on his ImClone holdings, hedge-fund bil...
Two heirs to French fashion house Hermes have found themselves in the news lately. Most recently, Mathias Guerrand-Hermes apparently attacked a pilot ...
It isn't "chic" to pretend to cut back; for most of us, it's crucial. But you don't put on your down-on-my-luck face or it shows, and no one wants to hang around a loser.
What is a Christian response to a deepening economic crisis like this? What should people of faith be thinking, saying, and doing?
Ordinary people are outraged that the wealthy want to be given free money as a bailout, and at the same time they are frightened about losing their ow...
MOSCOW (Reuters) - The world outside may be in the thralls of crisis, with house prices plunging, markets slumping and banks collapsing; but Russia's ...
For the first time in Russia's history, over 100 youngsters stand to inherit more than $1 billion from the country's burgeoning ranks of oligarchs. A...
Edwina Rogers, the wife of Washington lobbyist Ed Rogers, is a master of the form and has developed her own signature specialty. She wraps her thank-y...
The new tool to crush the opposition is funded by a new menace, that of capitalism built on a phenomenal wealth in commodities and oil.
A short list of questions for anyone confused about whether they might be a big-time out-of-touch moneybags politician!
The point of creating McCain's Mansions was to illustrate the Grand Canyon-sized chasm between McCain's elitist world and the economically-crippled one in which the majority of us struggle to live.
Florida has clinched the nation's No. 2 spot for millionaires. According to new wealth stats released by the I.R.S. Florida had 199,000 residents wit...
The Wealth Report takes a look at the recent reported purchase of the French Riviera Villa Leopolda for $750 million by an unnamed Russian. The blog e...
I've written before about Myspace for Millionaires sites such as asmallworld and Diamond Lounge. Both have their strengths and weaknesses. Asmallworld...
A mysterious Russian billionaire has made an unprecedented splash in the real estate market along the French Riviera this week, buying the Villa Leopo...
I have to assume if you're reading this that you're sick of the Olympics already. Wow, that was fast. Is NBC's coverage going to be twice as bad as ...
**UPDATE** The "I Am Rich" app has been removed from the app store. Silicon Alley Insider has more. ** While many of the apps in Apple's (AAPL) iPho...
Is it just noblesse oblige? Have the masters of the universe simply decided to start sacrificing for the good of the country? Perhaps but Gasparino t...
In U.S. cities, when the wealthy want to expand their homes, they usually build up and out. Witness all the giant glass penthouses, roof gardens and d...
John and Cindy McCain made roughly $6.5 million last year. Of that $6.5 million, $23,000 came from social security. That's right, the millionaire McCains draw steadily on a system he says is disgracefully broken.
There no sense of decency among the rich and their enablers in the government and in politics, and in the chattering classes who worship before the altar of market fundamentalism.
A couple of years ago, Forbes magazine came out with a list of top billionaire homes. What was remarkable was the aerial photos of mansions owned by ...
So far this week, in the unfolding story of Atria Senior Living, Bermuda-based (HA!) buyout firm Lazard and the really, really rich guy at the top of ...
