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A 37-year-old appliance merchant topped a list of China's richest businesspeople released Thursday by the business magazine Forbes, leading a group of young entrepreneurs who have profited from the country's economic boom.
For poor people, living in an affluent area can be a health hazard. That is the provocative conclusion of a study of the death records of more than 8000 people living in four US cities.
The government-backed clinic where Richard Taylor seeks free legal help uses furniture worthy of a second-hand store. The carpets are worn. And the walls lack the standard glut of law books and journals that usually adorn law firm libraries.
OK is my avatar and I plan to copyright and get a trademark on it and charge for its use in any form, spoken, written, Internet, every use; this should soon make me very rich and it will be a continuing source of income forever.
....Former Citigroup chairman Sanford Weill thinks that John D. Rockefeller had it good. "I once thought how lucky the Carnegies and Rockefellers were because they made their money before there was an income tax," Weill told the New York Times' Louis Uchitelle in July.
Middle-class professionals such as doctors and accountants are outliving builders and cleaners by as much as eight years, according to official figures.
Unless Congress acts soon to prevent a special "millionaires" tax from hitting middle-income families, as many as 50 million taxpayers, or 37 percent of the total, will face an unexpected tax increase, a delay in receiving refunds or a delay in having their tax return processed.
The superrich are gobbling up an ever larger piece of the economic pie, and the poor are seeing their share of earnings shrink: new IRS data shows the top 1 percent of Americans are claiming a larger share of national income than at any time since before the Great Depression.
China has more billionaires than any country except the United States, as soaring stock and property prices helped to boost wealth among the country's super-rich, researcher Rupert Hoogewerf said on Wednesday.
This year's Forbes list of America's richest people reveals some trends in how vast fortunes are made in technology.
Three senior House Democrats proposed an income tax surcharge Tuesday to finance the approximately $150 billion annual cost of operations in Iraq, saying it is unfair to pass the cost of the war onto future generations. Image
One billion dollars is no longer enough. The price of admission to this, the 25th anniversary of the Forbes 400, is $1.3 billion, up $300 million from last year. Find out how the spread of wealth shifted amongst America's heavyweights this year.
here's a quick selection of shocking photos / google maps links to start the day. they all illustrate an extreme degree of wealth divide in different parts of the world. 1. paraisópolis favela, morumbi, sao paulo
For years women have been hoping to meet a wealthy and successful man who is a perfect match! If your quest in meeting that wealthy and successful Mr. Right, or Mr. Right Now, has been unsuccessful, perhaps you are just going about it the wrong way.
A rich man and a poor man commit the same type of crime. The rich man is fined $5,000 while the poor man is sent to jail for 6 months. Is this fair punishment?
Panelists discuss a new study showing the gap between the wealthy and the absurdly wealthy is widening, and how we can help the merely rich catch up. More tax breaks for rich.. oppression of rich
...Yesterday evening Miami Heat center Shaquille O'Neal (35) filed to divorce his wife of nearly five years, Shaunie (32). The two seemed like the perfect couple to most outside observers.
Well that didn't take long. Just after we thought we'd come across one of the weirder pieces of sound equipment seen in awhile, along comes another to beat it out in spades.
Once upon a time, Ted Kennedy could count on his daily dose of veneration. The right wing hated the Massachusetts Democrat, but progressives honored him as a defender of old-school liberalism.
Paul McKenna is an exquisitely groomed man with a penchant, I have heard, for Armani suits. But no, he corrects me: "This is Brioni." Brioni, Brioni? My mind momentarily blanks. "James Bond wears Brioni," he says helpfully.
Hunter Lewis's excellent book differs from nearly all other books on economics. Most books defend a particular point of view: a work by Duncan Foley, e.g., will be much more favorable to Marxism than one by Ludwig von Mises.
It possible that you may have seen the articles in the news recently about a high-rolling businessman and his evening excursion in London with friends to an exclusive nightclub.
Plum TV pretty much defines narrowcast. According to founder Tom Scott, who made a nice little fortune from Nantucket Nectars, his network is targeted at a select audience.
Corporate power lies behind nearly every major problem we face--from stagnant wages and unaffordable health care to overconsumption and global warming. In some cases, it is the cause of the problem; in other cases, corporate power is a barrier to system-wide solutions.
t must be hell being rich in Britain these days. So generous have directors pay packages and City bonuses become, that the amount of cash sloshing around is creating a shortage of luxuries. The waiting list for a new Rolls-Royce is now five years.
That's what I'm talking about. Take some snobby rich person and then find the most ignorant poor person from the hood that you can find and then make them swap places for a week. But to make it interesting make them live the other person's life.
Just as cell phones are becoming ever more powerful übergadgets, and flat TV screens get larger even as their prices drop, so, too, do the gadgets of the upper crust further distance themselves from the trinkets of the masses.
Making good on a promise to trim the state budget, Gov. Arnold Schwarzenegger eliminated a $55-million program Friday that advocates say has helped thousands of mentally ill homeless people break the costly cycle of hospitalization, jails and street life.
Code of Honor
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