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Millionaires News

51 millionaires to NY Gov. Cuomo: 'Raise taxes on one-percenters'

New York City - Several well-heeled New York millionaires want legislators to raise taxes on the one percent, including themselves. And 51 millionaires said so in a letter addressed to New York Gov. Andrew Cuomo and state legislators.

Senior Millionaires and the education of their grandchildren

According to a 2014 Spectrem’s Millionaire Corner wealth level study, 39 percent of senior Millionaires over the age of 65 consider financing their grandchildren’s education one of their primary concerns.

Report: Income inequality continues to grow in Canada

The fortunes of the world’s richest individuals continued to grow last year thanks to booming stock markets and resurgent property values.

Private submarines surge in popularity as millionaires playthings

Millionaires and billionaires have long enjoyed the pleasures of their private jets and luxury yachts. The latest plaything to surge in popularity among the super rich is the private submarine.

Op-Ed: US Congress is the 1% also

When Occupy Wall Street began, several US Congressional denizens jumped on the bandwagon to denounce the 1%. It may not have been a completely honest position to take.

Facebook IPO to create over 1,000 millionaires — But then what?

Palo Alto - In financial circles and across the web, for a long while now much chatter and speculation has been geared towards Facebook filing for an initial public offering (IPO).

Op-Ed: Millionaires, unions and activists join Occupy Wall Street

It is apparent that the day of Big Business may soon be lessening its unyielding grip on greedy politicians and innocent American citizens. Unfortunately, it consists of 1% of the most powerful and controlling corporations and individuals of the world.

Forcing the world's richest folks to give half of it away

New York - Wouldn't we all like to donate half our estates to charity? Bill Gates and Warren Buffett, two of the richest men around, are urging other wealthy people to donate half of their net worth to philanthropic causes.

Study finds many millionaires in U.S. Congress, a total of 44%

Only one percent of Americans can claim to be millionaires, yet 44 percent of members of Congress are millionaires according to the Center for Responsive Politics. CRP argues that more transparency in financial disclosure requirements is needed.

Google Stock Options Make More Than 1,000 Employees Millionaires

The NY Times estimates there are 1,000 Google employees who took stock options when they were hired that are now worth over $5 million. In one such story, Bonnie Brown was given thousands of shares when she began as an in-house masseuse five years ago.

Zimbabwe's millionaires worth only $1

With the rising inflation levels, Zimbabwe’s currency has fallen to record levels, one million Zimbabwean dollars (ZWD) is worth only a single US dollar (USD). Inflation has risen 8,000 percent.

Life’s tough if you’re just another millionaire in Silicon Valley

OK. here’s $$$$WEIRD. Those poor bastards in SV are really struggling. It’s hard to sympathize. We have here an article about the kind of priorities and values that have nothing to do with the rest of the world.

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News Corp. CEO Rupert Murdoch attends the Oxfam/MySpace Rock for Darfur event with his wife Wendi De...
News Corp. CEO Rupert Murdoch attends the Oxfam/MySpace Rock for Darfur event with his wife Wendi Deng and MySpace Co-founders Tom Anderson and Chris DeWolfe.
Oxfam America
June 6  2006  Bill & Melinda Gates enjoy a speaking engagement of Warren Buffett s in New York City
June 6, 2006, Bill & Melinda Gates enjoy a speaking engagement of Warren Buffett's in New York City
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