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Wealthy News

Op-Ed: Panama Papers and the West's Putin complex

The Panama Papers exposed a damning system of tax avoidance by wealthy politicians, but the Western media seemed largely fixated on one name in particular, Vladimir Putin, despite his name not being mentioned once in the 11.5 million leaked files.

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.

Wealthy Australian suburbs have low vaccination rates

New research shows that wealthier Sydney, Australia suburbs are where parents are more often found to object to vaccinations for their children.

Teen uses 'Affluenza' defense to avoid prison

Many people, including members of the bar, are calling the verdict handed down by a Texas Juvenile Court judge a travesty of justice, after a teen was given probation for driving drunk and killing four people. Was it simply because he was wealthy?

IMAX to build luxury home cinema for Chinese homes

The cinema technology company IMAX, renowned for building large 3D cinemas, is to develop large home cinemas for China's wealthy in a joint venture with Shenzhen's TCL Multimedia.

Richest 1% hold 46% of the world's wealth

We are living through tough economic times but is that really true? News that global wealth has risen by 68 percent over the past 10 years to reach a new all-time high of $241 trillion certainly paints a different picture.

'Buffett Rule' tax increase fails Senate vote

A tax increase on individuals earning more than $1 million annually proposed by President Barack Obama failed to pass in the U.S. Senate Monday.

Roseanne Barr: Rich should be beheaded for not giving up wealth

Speaking on the Russia Today television network, comedian and community activist Roseanne Barr sought to rekindle the guillotine, insisting the ultra-rich should be beheaded for not giving up their wealth.

Warren Buffett's debt plan: Apply tax increases to the mega-rich

In an opinion piece published in The New York Times, billionaire Warren Buffett offered his perspectives on tackling America's fiscal woes, focusing on individuals who earn more than $1 million annually.

1,470 of the Nation's Wealthiest Citizens Pay Zero in Taxes

According to a recently released IRS report, many of the wealthiest citizens in the United States are not paying their fair share.

Op-Ed: Excess Personal Wealth: Australia and Canada Second and Third?

The Pacific Basin – including China and Japan -- maintains a commanding presence among wealthy individuals/nations with Australia and Canada, following the United States, having the highest proportions of 'high-net-worth-individuals.'

Rangel promises to tax the rich through healthcare reform package

As Democrats seek to push through a healthcare reform plan that features 'graduated surtaxes' as early as Monday, Republicans are quick to cite the impact on small businesses.

United Kingdom's super wealthy struck by downturn

The Sunday Times Rich List was published today and it shows that some of the United Kingdoms wealthiest people have been hit by the bad state of the economy.

Indentured Servitude In The Wealthy Man's Army: A Therapist's Point Of View

In an industry of psychotherapeutic providers where countless studies have shown clear evidence that the cost substantiates the benefit of therapy, an interesting syndrome exists. Wealthy clients "expect" premium service.

Bringing Up Baby Like a Rockefeller

You've won the lotto or are just Donald Trump rich and now you plan on bringing new life into the world. So what does the pampered babies get these days? The same as all babies just with a bit more frills and whistles.

Why do people love Paris Hilton?

There is no one reason why people love Paris Hilton. However, there are tons of people who are very interested in what is going on in her life.

Wealthy Bachelor Left Fortune to 70 Complete Strangers

In 1988, Luis Carlos de Noronha Cabral da Camara was only 42-years-old when he drew up his most unusual will in front of two witnesses in a Lisbon registry office.

Richest 2% own 'half the wealth'

The richest 2% of adults in the world own more than half of all household wealth, according to a new study by a United Nations research institute.

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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.
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