Wealth

From Russia With Bad Timing: The Millionaire Fair

Wall Street Journal | Posted 01.01.2009 | Business


The Millionaire Fair seemed like such a good idea when it was launched in 2002. Gather together all the companies that sell to the rich--watch makers,...

Key #4 To Your Sound Financial Future

Dr. Cara Barker | Posted 12.25.2008 | Living


Dr. Cara Barker

Remember the old song "We've Only Just Begun"? It appears to be a perspective that's been forgotten these days. The media has been so focused on the...

Crisis Not Egalitarian: Ferrari, Rolls, Maserati Sales Hold

AP | DAN STRUMPF | Posted 12.22.2008 | Business


LOS ANGELES — With the U.S. all but certainly in a recession and many skittish consumers hesitant to buy even a Honda Accord, it would seem the ...

Rich Cut Back On Payments To Mistresses

The Wealth Report | Posted 12.19.2008 | Business


You know times are tough when the rich start cutting costs on their mistresses. According to a new survey by Prince & Assoc., more than 80% of multim...

"Give Me Your Tired, Your Poor... Well, Maybe Not"

Brett Ashley McKenzie | Posted 12.18.2008 | Business


Brett Ashley McKenzie

Just across the river from the Statue of Liberty's promise of welcome, the tired and poor are not even an afterthought.

Old Money Ponders The New Recession

The New York Observer | Spencer Morgan | Posted 12.13.2008 | Business


"I think this country should be operating the way it used to be a long time ago which was if you take a risk, then you're going to be punished if it d...

We Have Plenty Of Money -- The Rich Are Killing Us

Jonathan Tasini | Posted 12.12.2008 | Politics


Jonathan Tasini

While our country is disintegrating, the rich are hiding. They are hiding behind a decades-long ideology that paralyzes the political system from being serious about what the rich should pay.

Biggest Green Homes In The World: Pretty Counterintuitive

WebEcoist | Posted 12.12.2008 | Green


The U.K. has the most expensive green home that has ever actually been sold: the Orchid House broke records at �7.2 million, or $14.2 million USD. T...

Spitzer's "Escort" Wasn't High-End, Say Prostitution Business Experts (VIDEO)

CNBC | Posted 12.11.2008 | Business


The business of high-end prostitution has been in the news quite a bit lately, partially because it's suffering along with the market. As CNBC reports...

Goldman Sachs, Morgan Stanley, Bank Of America Bonuses To Shrivel

New York Post | Posted 12.11.2008 | Business


Indeed, sources said some Wall Streeters will see their bonuses shrink by 25 percent to 40 percent, while others are set to get zilch when year-end pa...

Money-rexia: Do you Know Anyone With this Disorder?

Lauren Cahn | Posted 12.05.2008 | Living


Lauren Cahn

"Money-rexia" is characterized by the belief that one can never be rich enough and the concurrent and irrational fear that one will become destitute.

Buyers Boycott Saddam's "Ocean Breeze" Pleasure Boat

Reuters | Posted 12.05.2008 | Business


The sale of a luxury yacht once owned by former dictator Saddam Hussein, moored until recently off France, has met with muted interest from would-be b...

Concentrating the Wealth, Pt. 1

Terrance Heath | Posted 11.29.2008 | Politics


Terrance Heath

Last week I ventured into the "spreading the wealth" discussion with a post attempting to unpack one aspect of why even some people who migh...

The Meek Shall Not Inherit

Terrance Heath | Posted 11.29.2008 | Politics


Terrance Heath

In my work-related news reading this morning, I came across an interesting take on Obama's exchange with "Joe the Plumber." The truth is that Obama in...

Getting The Stricken Super-Rich To Open Up In Church

Washington Post | David Segal | Posted 11.28.2008 | Business


GREENWICH, Conn. -- It isn't easy to get the super-rich to discuss their money woes, and the Rev. Chuck Davis, who runs the Stanwich Church here in th...

Does it Matter That McCain's Family Owned Slaves?

Abby L. Ferber | Posted 11.22.2008 | Politics


Abby L. Ferber

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.

How About The Redistribution of Poverty?

Kathleen Reardon | Posted 11.21.2008 | Politics


Kathleen Reardon

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.

Carl Icahn Selling Yacht To Buy Bigger Yacht (SLIDESHOW)

New York Post | Kaja Whitehouse | Posted 11.20.2008 | Business


In choppy financial seas, even billionaires are unloading their prized but pricey toys. Despite making a mint on his ImClone holdings, hedge-fund bil...

Hermes Heir Grabs Pilot's Crotch, Punches Him, Gets Shackled To First-Class Seat

Huffington Post | Posted 11.16.2008 | Business


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 Cut Back -- It's Crucial

Betsy Perry | Posted 11.15.2008 | Business


Betsy Perry

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.

A Pastoral Strategy for an Economic Crisis

Jim Wallis | Posted 11.09.2008 | Business


Jim Wallis

What is a Christian response to a deepening economic crisis like this? What should people of faith be thinking, saying, and doing?

The Difference Between Wealth and Money

Deepak Chopra | Posted 11.03.2008 | Home


Deepak Chopra

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 Super-Rich Pour Millions Into Luxury Homes

Reuters | Posted 10.31.2008 | Business


MOSCOW (Reuters) - The world outside may be in the thralls of crisis, with house prices plunging, markets slumping and banks collapsing; but Russia's ...

Rise Of The Minigarchs: For First Time, More Than 100 Russian Youngsters To Inherit $1B Each

Telegraph | Adrian Blomfield | Posted 10.04.2008 | Business


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...

Lobbyist Giftwrap: "As Long As The Gifts Are Small, I Don't Mind Wrapping Them In Money" (VIDEO)

The Wealth Report | Posted 10.03.2008 | Business


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...