millionaires
Even if Buffett Tax Passes, Middle Class Could Still Get Hit
3:45PM 11/14/2011
Warren Buffett's tax proposal would put the bite on America's wealthy: Those who make $1 million or more would pay 30%, while those who make more than $10 million would pay 35%. But even if it passed, experts say balanced budgets will require sacrifices across the board.
Younger voters are weighing in extremely positively on President Obama's proposal to tax millionaires another $1.5 trillion over the next 10 years. According to a new survey, 80% of Americans under the age of 30 strongly support the move, while less than 9% oppose it.
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.
America's Big City Millionaires Grew by 7.3% in 2010
4:30PM 7/12/2011
The ranks of those who can call themselves rich city slickers have grown a bit thicker. Reflecting the global surge of millionaires, the United States' 10 wealthiest urban areas produced 7.3% more high net worth individuals in 2010, Capgemini announced Tuesday in its U.S. Metro Wealth Index.
World's Millionaires Increased By 8.3% in 2010
12:10PM 6/22/2011
Economy, Investing, Bank of America, Biz Brief, Personal Finance, Saving Money
Millionaires are back. The number of individuals worldwide with $1 million or more in assets aside from their residence grew by 8.3% to 10.9 million in 2010, topping pre-crisis 2007 levels, according to the World Wealth Report released Wednesday.
When it comes to its population of millionaires, the U.S. still leads the world, but other countries have gained recently, The Boston Consulting Group reports. In particular, the report found a stagnation of wealth growth in developed nations, but rapid wealth growth in the developing world.
Many More Millionaires by 2020: How Will Your State Stack Up?
3:30PM 5/05/2011
Prepare yourself for the decade of the multiplying millionaires: By the end of 2020, the number of affluent households that will cross the line into seven-figure status is expected to virtually double the ranks of U.S. millionaires. So where will all that money be going?
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.
This Gift-Tax Change Is a Huge Gift -- If You're Wealthy Enough
3:00PM 2/25/2011
A temporary change in the tax code is creating a sweet opportunity. Through 2012, the amount you can give in tax-free gifts jumps from $1 million to $5 million. In this video, Kevin Sanderford, principal of Colorado West Investments, explains how you can take advantage of this "two-year window."
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...
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