Originally published at XaSER Syndication . Please leave any comments there. In Richistan, I wrote about a new political divide emerging among the wealthy. While most Lower Richistani’s ($1 million...have plenty of money even after the government takes its share. Others say the ultra-rich have better tax attorneys so they don’t care as much about tax rates. Read the rest of this entry »

...billions and stay happy for the rest of their lives, worrying about how to spend money. But they never realise that behind every rich man, there must be a critical factor that rose him to fame and wealth. If Bill Gates is so easy to be, Then why is there only one microsoft and one Gates? People, stop dreaming and start working. perhaps you might still have a chance of becoming like Gates. Else...

...Bloomberg, right, and artist Olafur Eliasson, tour one of Mr. Eliasson’s waterfall projects, center, at the Brooklyn Bridge in New York. According to Forbes, Michael Bloomberg had the biggest wealth gain of anyone on the list this year, with his listed net worth rising by $8.5 billion to $20 billion. Why the jump? Forbes boosted his ranking because the company Mr. Bloomberg founded, Bloomberg...

i hate them. i really really do. some people are just so fake. its not even that it makes me angry it makes me so upset. oh and what is this with people being "embarrassed of their friends" why would...kid the street but that doesn't mean that me, or anyone else for that matter, doesn't have something just as good or better to offer like come on. have some decency where are all the real people

...against inequality and the “greedy rich” back in style. But at the very moment that the public is outraged over the rich getting richer, the rich might actually be losing their share of the nation’s wealth. Fred Bell, a one-time millionaire and now unemployed, sells apples at his stand on a busy street corner in San Francisco, Ca., on March 7, 1931 during the Great Depression. Bell, known as “Champagne...

Originally published at XaSER Syndication . Please leave any comments there. Crisis, schmisis. When super wealthy car freaks want something, money is no object. According to press reports in...200-mph car that is expected to be launched next fall. Sticker price: $2.04 million. That blows past the Bugatti Veyron’s once-shocking price tag of $1.2 million. Read the rest of this entry »

Originally published at XaSER Syndication . Please leave any comments there. A year ago, Wealth Report readers told me how much money it took to be considered “rich” in their town. The answers ranged from a $500,000 income in Manhattan to $1 million to $2 million in total net worth in Kansas City. The point, of course, is that wealth is relative. Being “rich” depends on where you live. Now...

...the whole truth; to know the worst; and to provide for it." -- Patrick Henry       The Ultimate Plan For Escaping Big Brother's Matrix And Creating Your Own World of Freedom & Wealth     From the desk of Derek Bowler - October 2008 There’s no doubt about it. we are living in troubling times. The sub-prime mortgage implosion. Multiple government...

Originally published at XaSER Syndication . Please leave any comments there. With markets continuing to swoon, the next shoe to drop is likely to be hedge funds. That means tough times for hedge...nearly $600 million in state income taxes in 2006. In other words, Greenwich pays 13% of all state income taxes in Connecticut with only 1.8% of the population. Read the rest of this entry »

Originally published at XaSER Syndication . Please leave any comments there. For the past year, I have been predicting (wrongly) that the art market will correct. It defied the financial odds in...for around £6 million, didn’t sell. Now, art may be imitating life in the collector’s market, yet another sign that spending by the super-rich is suffering. Read the rest of this entry »