rich

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21% of US Is Rich—at Some Point in Their Lives

Rich being defined as making $250K or more

(Newser) - It turns out 21% of working-age adults are rich for at least a year by the time they turn 60. That proportion has more than doubled since 1979, and it's an income group the AP calls America's fastest-growing, based on take-home pay. Made up largely of older professionals,...

Top 1% Took Record Share of US Income Last Year

Perhaps because they were cashing in stock ahead of new tax rules

(Newser) - The pay gap between the richest 1% and the rest of America widened to a record last year. The top 1% of earners collected 19.3% of household income in 2012, their largest share in Internal Revenue Service figures going back a century, according to an analysis of IRS figures...

The 12 Things Nearly All Americans Agree On
The 12 Things Nearly All Americans Agree On
surveys say
May 13, 2013 11:47 AM CDT

The 12 Things Nearly All Americans Agree On

Surveys show most of us believe in God, are OK with birth control

(Newser) - What can nine out of 10 Americans agree on? Survey says: not much. That's partly because the big polls such as Pew, Gallup, and the General Social Survey are designed to explore differences, not to document what unites the United States. Still, a few questions discover 90% agreement, or...

The Schools Most Likely to Produce Rich People

US dominates the list

(Newser) - Most of the world's richest people have something in common: They went to school in the US. Wealth-X has compiled a report on which universities worldwide boast the most "ultra high net worth" alumni—defined here as those with $30 million or more—and US universities dominate the...

Americans on Hard-working Rich: Admirable, Greedy
Americans on Hard-working Rich: Admirable, Greedy
new poll
Aug 27, 2012 5:15 PM CDT

Americans on Hard-working Rich: Admirable, Greedy

Oh, and more intelligent and less honest: Pew Research Center poll

(Newser) - Good news for the 1%: A little more than 40% of Americans think you are more intelligent and more hardworking than the average Joe, according to a new Pew Research Center poll . And if you worked hard to get your money, then 92% of middle-class Americans would describe you as...

France's 75% Tax Could Push Rich Into Mass Exodus

Rich thinking of leaving if 75% tax rate is passed

(Newser) - France's new Socialist president wants to tax any income above €1 million ($1.24 million) per year at 75%—but if the plan is passed, France could see a mass exodus of its wealthiest residents. Rich residents are calling lawyers, asking if they should consider leaving the country...

Surprising Jobs That Earn 6 Figures

Elevator repairmen make the list

(Newser) - It's not just investment bankers, doctors, and the Waltons who earn sizable salaries. Forbes has compiled a list of 20 surprising occupations that pay out more than $100,000, at least for those in the top 10% of their professions. A sampling:

6 Walmart Heirs Worth Same as Bottom 41% of US

Their combined worth is $89.5 billion

(Newser) - Who has more money: the six heirs to the Walmart fortune or the bottom 41.5% of all American families put together? Trick question—they're about the same. The Economic Policy Institute calculates that in 2010, six members of the Walton family were together worth $89.5 billion. That...

What Hotels Give You for $1,000 a Night

Big room, brilliant view, fawning staff ... you name it

(Newser) - What's $1,000 a night, when you can keep out the riff-raff, eat high on the hog, and get tickets to American Idol? That's the thinking these days at smaller chi chi hotels, where ultra-luxurious grand-a-night rooms are becoming more common, the Wall Street Journal reports. So just...

Richest Counties in US
 Richest Counties in US 
Apr 29, 2012 5:15 PM CDT

Richest Counties in US

Suburbs of Washington, DC, lead the way

(Newser) - Forbes rounds up the richest counties in the US, with the DC suburbs in northern Virginia again dominating. The top five:
  1. Loudoun County, Virginia: $115,574 median household income
  2. Falls Church City, Virginia: $114,409
  3. Fairfax County, Virginia: $105,416
  4. Los Alamos County, New Mexico: $103,643
  5. Howard County,
...

Super-Nannies: Worth the Super Price Tag?


 Super-Nannies: 
 Worth the Super 
 Price Tag? 
Like $180K a year
Mar 24, 2012 4:06 PM CDT

Super-Nannies: Worth the Super Price Tag?

Adam Davidson probes elite world of New York nannies

(Newser) - Want an elite New York nanny? Adam Davidson considered hiring one until he saw the price tag: $180,000 a year plus Christmas bonus and a $3,000 apartment on Central Park West. "I should be her nanny," quips Davidson in the New York Times . So he probed...

Worst Liars and Cheaters: Rich People
 Worst Liars 
 and Cheaters: 
 Rich People 
in case you missed it
Mar 3, 2012 11:15 AM CST

Worst Liars and Cheaters: Rich People

And they'll cut you off in traffic, for that matter

(Newser) - You might think that people who are comparatively well off would be less likely to lie and cheat to make a buck, but you'd be wrong. A series of experiments from UC Berkeley doctoral student Paul Piff found that time and again upper-class people were willing to do shady...

11 Insanely Expensive Gift Ideas

A trip to outer space will run you only $200K

(Newser) - 'Tis the season for giving, and what better way to show your appreciation for someone then to bestow them with an absurdly lavish gift, presuming you are nestled high up into the 1%. Here are 11 of the most ludicrously expensive gift ideas, courtesy of Time :
  • Pacifier, $17,000:
...

Four in 10 Millionaires Don't Think They're Rich
Four in 10 Millionaires Don't Think They're Rich
Poll Numbers
Mar 14, 2011 5:25 PM CDT

Four in 10 Millionaires Don't Think They're Rich

Many say they'd need $7.5 million to feel really wealthy

(Newser) - Poor millionaires. Sure they have more money than around 98% of the population—but does that really make them rich? Around 42% of them don’t think so, and fret over their retirement savings, according to a new survey from Fidelity Investments. “They are still worried about outliving...

15 Signs You're Destined to Be Rich

Blond prom queens luck out

(Newser) - The Daily Beast has turned its list-making prowess to wealth, following up articles on how to know you'll get married ... or cheat ... with one that outlines 15 signs that you'll be rich. Cross your fingers, and read on:
  1. It's good to be good looking: Attractive men earn 9% more than
...

Rich People, Stop Whining and Dig Deeper
Rich People, Stop Whining and Dig Deeper
michael kinsley
Oct 19, 2010 1:29 PM CDT

Rich People, Stop Whining and Dig Deeper

Michael Kinsley: Two professorial screeds are off-base

(Newser) - Two high-profile attacks on President Obama's plan to raise taxes on those making more than $250,000 are mostly bunk, writes Michael Kinsley. Both were written by rich professors, and the first is simply a "self-righteous screed" by someone whining about the hardships he'll face—such as having to...

Census Finds Record Gap Between Rich and Poor

Young people hit hardest

(Newser) - The income gap between the richest and poorest Americans grew last year to its widest amount on record as young adults and children in particular struggled to stay afloat in the recession. The top-earning 20% of Americans—those making more than $100,000 each year—received 49.4% of all...

The Rich Are Mad as Hell, and Getting Away With It

Wealthy dodge modest tax hikes while everyone else suffers

(Newser) - “Anger is sweeping America,” Paul Krugman writes in the New York Times , and no, “I’m not talking about the Tea Partiers. I’m talking about the rich.” Although the recession has taken homes and jobs away from millions of poor Americans, “real political rage”...

The 50 Richest Lawmakers
 The 50 Richest Lawmakers 
Aug 31, 2010 6:47 PM CDT

The 50 Richest Lawmakers

John Kerry, Darrell Issa, Jane Harman lead list

(Newser) - Financial disclosure forms from 2009 are in, and the Hill has ranked the 50 wealthiest lawmakers (27 Democrats and 23 Republicans) from the House and Senate. Here's the top 5:
  1. John Kerry, $188.6 million: Kerry's wife, Teresa Heinz Kerry, is the source of his wealth, though the $188.6
...

Home Aquariums Get Fancy, and Expensive
 Introducing the 
 $200K Home Aquarium 
what recession?
Aug 19, 2010 1:37 PM CDT

Introducing the $200K Home Aquarium

Some people, apparently, can still afford this stuff

(Newser) - Looking for the perfect final touch to trick out your Manhattan penthouse? Consider a 700-gallon, $200,000 aquarium. Such high-end systems are the new status symbol among the “what recession?” set, reports the New York Times . These aren’t your 50-gallon waiting room tanks: They can be 14½ feet...

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