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Wealth

The Russians Are Coming! The Russians Are Already Here!

Vivian Norris de Montaigu | Posted 09.26.2008 | Business

Read More: Little Odessa, Bp, Iron Curtain, Switzerland, Cote D'Azur, Colorado, Texas, Cannes, Snowmass, Bush, Soviet, Nato, Wealth, Black Gold, Oil, Russians, Billionaire, James Gray, We Own the Night, Cap-Ferrat, Business News
Vivian Norris de Montaigu

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.

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If You're John McCain, You Might Be A Rich Guy

John K. Wilson | Posted 09.22.2008 | Home

Read More: John McCain, Wealth, Humor, 2008 Election, McCain's Money, Home News
John K. Wilson

A short list of questions for anyone confused about whether they might be a big-time out-of-touch moneybags politician!

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McCain's Too Out of Touch to Realize He's Out of Touch

ZP Heller | Posted 09.20.2008 | Politics

Read More: Alex Conant, Elitist, John McCain, Jet, Wealth, Economy, Cindy McCain, Brave New Films, Mansions, Housing Crisis, Foreclosure, Robert Greenwald, Politics News
ZP Heller

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.

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Florida Beats New York To Claim Top Spot For Millionaires

Wall Street Journal | Posted 09.18.2008 | Business

Read More: Billionaires, Wealth, Florida Millionaires, Business News

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...

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Villa Leopolda And Fannie Mae: Financing Your $750M Home

The Wealth Report | Posted 09.14.2008 | Business

Read More: Fannie Mae, Mortgage, Wealth, Villa Leopolda, Mortgage Crisis, Villa Leopolda Purchase, Business News

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...

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Even More Social Networking For The Rich

The Wealth Report | Posted 09.11.2008 | Business

Read More: Spire, Wealth, Social Networking, Myspace for Millionaires, Asmallworld, Business News

I've written before about Myspace for Millionaires sites such as asmallworld and Diamond Lounge. Both have their strengths and weaknesses. Asmallworld...

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Villa Leopolda Sold For $750 Million To Russian Oligarch (PHOTOS)

TimesOnline, Fox News | Posted 09.11.2008 | Business

Read More: Wealth, Villa Leopolda, Russia, French Riviera, Real Estate, Riviera, The Villa Leopolda, Villa Leopolda Photos, Villa Leopolda Pictures, Villa Leopolda on the French Riviera, The Villa Leopolda on the French Riviera., Villa LéOpolda, The Villa Leopolda on the French Riviera, Leopolda, Villa Leopolda Buyer, Villa Leopolda France, Villa Leopolda French Riviera, Pictures of Villa Leopolda, Billionaires, Russian Oligarchs, Business News

A mysterious Russian billionaire has made an unprecedented splash in the real estate market along the French Riviera this week, buying the Villa Leopo...

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Friday Talking Points [42] -- Get Up, Stand Up, Barack

Chris Weigant | Posted 09.08.2008 | Politics

Read More: GI Bill, Lies, Mudslinging, Wealthy, Cindy McCain, Drew Westen, Campaign, Swiftboat, Veterans, Soundbite, Wealth, 2008, Elite, Smear, John Kerry, Midotw, Distributor, Most Disappointing Democrat of the Week, Student Loan, 2008 Campaign, Celebrity, Fight Back, Campaign Contributions, Elitist, Bill Clinton, Gas, Lying, John McCain, Strategy, Tony Sachs, Beer, Campaign Ads, Private Plane, Let Them Eat Cake, 2008 Elections, 08, Webb, Rich, Lie, 2008 Election, War Room, Barack Obama, Oil Companies, Election, 08 Election, Elections, Barack ObamaMost Impressive Democrat of the Week, Respectable Republican Cloth Coat, Get Up Stand Up, 08 Campaign, Mddotw, Budweiser, Tax Returns, 2008 Presidential Race, Credit Card, Elitism, Trash Talk, Attack Ads, Politics News
Chris Weigant

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 ...

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I Am Rich iPhone App Totally Useless, Costs $1,000, For Jerks

Silicon Alley Insider | Dan Frommer | Posted 09.06.2008 | Business

Read More: Armin Heinrich, Wealth, Apple, I Am Rich, iPhone 3G, Iphone, iPhone App, Rich iPhone App, Useless iPhone App, Stupid iPhone App, I Am Rich Iphone, I Am Rich Iphone App, "I Am Rich" Iphone, Business News

**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...

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Obama's Popularity On Wall Street Explained

Dealbreaker | John Carney | Posted 08.12.2008 | Business

Read More: Wealth, Wall Street, Hedge Funds, Economy, Obama, Obama Economy, Barack Obama, Business News

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...

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It's Nice To Just Be Rich In An Underground Hole

The Wealth Report | Posted 08.05.2008 | Business

Read More: Ricky Gervais, Underground Gym, Wealth, Underground Mansion, Mansions, Business News

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...

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McCain's Conspicuous Consumption

Linda Hansen | Posted 08.05.2008 | Home

Read More: Baby Boomer Retirement, Conspicuous Consumption, Social Security, John McCain, Politics of Personal Destruction, Character Issue, Morality, Campaign 2008, Wealth, Social Security Surplus, Barack Obama, Offthebus, Home News
Linda Hansen

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.

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The Rich Get Richer: Time for a Change

Jonathan Tasini | Posted 07.31.2008 | Politics

Read More: Health Care, Debt, Wealthy, Tax Cuts for the Wealthy, Wealth, Economy, Middle Class, Politics News
Jonathan Tasini

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.

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Snooping On The Rich Via Helicopter

The Wealth Report | Posted 07.25.2008 | Business

Read More: Huge Mansions, Oversized Mansions, Forbes Mansions, Aerial Photos, Wealth, Vanity Fair Mansions, Photos of Mansions, Mansions, Vanity Fair, Forbes, Tmz, Business News

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 ...

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Atria Lazard Wasserstein Friday Recap

Dave Johnson | Posted 07.19.2008 | Business

Read More: Lazard, Bruce Wasserstein, Atria, Bermuda, Wealth, Rockefeller Center, Wealth Gap, Business News
Dave Johnson

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 ...

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The Millionaire's Amendment

Jay Mandle | Posted 07.11.2008 | Politics

Read More: Supreme Court, US Supreme Court, Alito, Wealth, The Millionaire Amendment, Samuel Alito, Candidates' Wealth, Politics News
Jay Mandle

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."

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How The Wealthy Would Fare Under Obama, McCain

The Wealth Report | Posted 07.11.2008 | Business

Read More: Tax Cuts for the Wealthy, John McCain Tax Plan, Barack Obama Tax Plan, Wealth, McCain Tax Cuts, Business News

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...

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Economic Colonization: The Rich Profiting from the Poor is Not the Way to Handle Microfinance

Vivian Norris de Montaigu | Posted 07.08.2008 | Business

Read More: Grameen, Microcredit, World Bank, Borrowers, Foundation, Business, Alex Counts, Donate Grameen America, Wealth, Microfinance, Interest Rates, Mohammed Yunus, Business News
Vivian Norris de Montaigu

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?

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Hey, At Least The Superyacht Market Is Strong

Wall Street Journal | Posted 06.28.2008 | Business

Read More: Economic Downturn, Weak Economy, Tax Cuts for the Wealthy, Wealth, Wealth Gap, Recession, Business News

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...

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Money: What Do Rich People Do When They No Longer Have It?

Vivian Norris de Montaigu | Posted 06.24.2008 | Business

Read More: Trainers, Lifestyle, Nannies, Money, Economy, Pre-Nup, Maid, Suicide, Bill Gates, Beverly Hills, Rich, Oil Business, Gatekeepers, Wealth, Mcmansions, Mansions, Warren Buffett, Houston, Real Estate, Wildcatters, Interior Decorators, Bel-Air, Business News
Vivian Norris de Montaigu

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.

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Super-Rich Actually See Wealth Grow

Reuters Via CNBC | Posted 04.04.2008 | Business

Read More: Investors, Rich, Wealthy, Wealth, Super-Rich, Stock Markets, Global Wealth, Business News

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...

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U.S. Millionaire Growth Stalls

CNN/Money | Posted 03.28.2008 | Business

Read More: Wealthy Americans, Millionaires, Wealthy, Number of U.S. Millions, Wealth, Millionaire Growth Rate, U.S. Millionaires, Business News

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...

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Wealthy Client Avoids Paying $20 Million In Taxes

Wall Street Journal | Robert Frank | Posted 03.28.2008 | Business

Read More: Tax Evaders, Roth IRAs, Wealthy, David Twiddy, Tax Evasion, Wealth, Tax Rates, Taxing the Rich, Business News

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...

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The Rich Are Getting Richer Faster

New York Times | DAVID CAY JOHNSTON | Posted 03.28.2008 | Business

Read More: Top 1 Percent of American, Billionaires, Wealth, Congressional Budget Office, Income Inequality, Millionaires, Business News

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 ...

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Clements: Being Super-Rich Is Overrated

Wall Street Journal | Jonathan Clements | Posted 03.28.2008 | Business

Read More: Super Rich, Wealth, Great Wealth, Personal Wealth, Business News

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 ...

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