millionaire
The holidays can be difficult for people suffering financial and personal setbacks. Dani Johnson, who went from homeless to millionaire, has been there -- and talks with Laura Rowley about overcoming despair and finding hope as the holiday season approaches.
Actors Say 'Action!' on Higher Taxes for the Wealthy
3:30PM 9/19/2011
Before President Obama outlined his strategy Monday for America's millionaires to shoulder more of the tax burden, The Price of Fame asked show business types at the recent Toronto International Film Festival this burning question:
Should celebrities and other wealthy people pay more in taxes?
We learned last week that former NFL star Chris McAlister, a three-time Pro Bowler, is broke and living with his parents after just a year out of the league. But he's hardly the first sports icon to blow through the cash in a flash. In his honor, here are our 10 favorite professional asset-annihilating athletes.
How Rich Is Rich? Where America Draws the Wealth Line
10:30AM 8/23/2011
America has always had a love/hate relationship with its wealthiest citizens, and the Great Recession has only made it worse. The trouble is, while everybody knows that "the rich" are the enemy, it's hard to determine where exactly the line lies between salt-of-the-earth members of the middle class and the bloated plutocrats.
No, it's not easy, but if Grace Groner -- a secretary for 43 years -- could pull off the even more astonishing feat of amassing a $7 million fortune, then it is within the realm of possibility. In fact, Groner's strategy is about the only one with a shot at success. Read on to find out what she did.
8 Tips for Cost-Effective Dating from The Millionaire Matchmaker
9:00AM 8/10/2011
Columns, People, Economizer, Saving Money, The Price of Fame
She may specialize in dating for millionaires, but The Millionaire Matchmaker's Patti Stanger also knows how to have a good time on the cheap. Here's her advice for planning fun dates on a budget.
How You Can Join the Ranks of the New Millionaires
7:00AM 6/24/2011
Retirement, Economy, Investing, Family Money, Personal Finance, Saving Money
Last year, the number of millionaires worldwide grew by 8.3%, and about one in a hundred American's qualifies as a "high-net-worth" individual. Wondering how you can join that demographic? It's not so far fetched: Just follow the advice of these fiscal big shots and you'll be on your way.
The Millionaire Class: Most New U.S. Senators are Rich
6:30PM 3/09/2011
Approximately 60% of first-year U.S. senators and 40% of House of Representatives freshmen are worth at least $1 million, according to the Center for Responsive Politics. That makes them far richer than most of the Americans they represent: Just 1% of the country's population has reached the $1 million mark.
Given that you stand a 1-in-175,711,536 chance of winning the Mega Millions lottery, you might try becoming a millionaire with a more practical strategy. Your odds aren't so bad as it is. One-in-106 Americans is a millionaire, according to a recent article in Investopedia. And 31% of the world's...
Wealthy investors now have more confidence in the economy than they've had in nearly three years, according to Chicago consulting firm Spectrem, which manages the Spectrem Millionaire Investor Confidence Index.
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