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 ...
There's a lot confusing information out there about how the next president will tax the rich. But one chart boils it all down. It comes courtesy of th...
Should the Mayor of New York or the Governor of New Jersey be able to overwhelm their opponents with vast personal fortunes? Justice Alito in effect says, "yes."
What is the point of microfinancing the poor build up small businesses if it is only to eventually provide wealthy, Western-owned businesses and individuals with even a larger share of the world's wealth?
A new Superyachting Index shows that the top end of the yachting market is still holding firm - at least for now. The index, which is compiled by The...
Without all that money and newly leased Mercedes, people did not know how to define themselves anymore. Unless, that is, they were actually real people inside them to begin with.
Wealth held by rich investors with assets over $1 million is set to grow 50 percent in the next five years to $75 trillion, according to a report publ...
The number of American households worth $1 million or more - not including the house itself - grew at the lowest rate in five years, according to a re...
The debate over taxing the rich tends to focus too much on changing the official tax rates. The real issue is getting the wealthy to pay their officia...
The increase in incomes of the top 1 percent of Americans from 2003 to 2005 exceeded the total income of the poorest 20 percent of Americans, data in ...
Great wealth is overrated. Whenever my kids swoon over a palatial home or a passing Ferrari, it always bugs the heck out of me. Before long, I am on ...
One of the most-fascinating trends among the wealthy is the corporatization of private life: Things that used to be simple and personal in life have b...
A billion dollars just doesn't go as far as it used to. For the first time, it takes more than $1 billion earn a spot on Forbes magazine's list of the...
There are hundreds of people in the world whose names you might never know but who own millions -- if not billions of dollars. These wealthy individu...
Mayor Michael Bloomberg is apparently even richer than anyone realized. Forbes magazine's annual list of richest Americans is estimating his wealth at...
Most people who knew Gabriel Hammond at Johns Hopkins in the late 1990s could have predicted he would rise quickly on Wall Street. As a freshman, he t...
The next time you're waiting for your bags to arrive at O'Hare, ponder this: In Milan there's a leather goods store called Valextra, just down the roa...
