wealth

Measuring Rich People's Toys Against Average Incomes

The gap between America's super-wealthy and the rest of us has grown so vast it's hard to even comprehend the sums they spend on their luxuries. But if you measure, say, a $200 million luxury yacht in terms of the average U.S. family's household income, the picture comes back into focus.

The Top Wealth-Creating CEOs of 2010

Which CEOs have helped deliver outsize returns to investors -- and which have done them no good at all? Chief Executive magazine has this year's ranking of the top 50 best and worst wealth-creating CEOs. The No. 1 shareholder friend: Priceline CEO Jeff Boyd.

Income Inequality on Course to Hit Record Levels

With a tax bill tilted to benefit the wealthiest Americans poised to pass Congress this week, U.S. income inequality is poised to set new records. One key to that shift -- a change in the tax rules that lets the rich pass their wealth on to their heirs at the lowest tax rates in decades.

U.S. Households Grow 2.2% Wealthier

U.S. household wealth increased 2.2% in the third quarter as stock prices rose and consumers cut debt, according to a new Federal Reserve report.

The 10 Richest Countries in the World

The richest countries in the world must have either a small population combined with a very wealthy ruling class, or a large middle class and a wealthy top tier. See who makes 24/7 Wall Street's list of the top 10 wealthiest nations in the world.

Rich vs. Poor: How America's Wealth Is Divided

In an academic study, the majority of Americans polled advocated an unequal division of national wealth, with more cash going to the rich and upper middle class and less going to the poor and working class. However, the respondents ideal model of income and wealth distribution, though far from equal, came far closer to the reality of Sweden than the much more dramatic inequality found in the U.S.

Got money? Give it away!

There's no time like the present to give money away, particularly if you're rich. Taxes are almost certainly going to rise next year, making the end...

Who has the money in the U.S.A.?

"Follow the money," said Deep Throat in the movie All The President's Men. This set us to wondering just where the money is in the U.S.A.? Luckily,...

How Not to Mess Up the U.S. Economy

Every 40 years or so in the United States, American capitalism has to be saved from the capitalists, and the current economic slump appears to be one of those times.

Should the U.S. Tax Firms for Shipping Jobs Overseas?

Intel co-founder Andy Grove has an interesting proposal to induce U.S. firms to rebuild the nation's manufacturing base and boost our employment: Tax companies for every job they offshore, and reinvest the funds in companies that create jobs here.

How you can achieve a high net worth

So you want to be a high net worth individual? "High net worth individual" is the newest, arguably more discreet, definitely wordier term for...

Once famous lottery winner now broke

The New York Daily News has a cautionary story worth reading, especially to anyone who has come into a bit of money lately. Consider the story of...

World's supply of rich people falls

Wealth – and the number of wealthy people – declined over the past year. Unsurprisingly, the worldwide recession that has hammered...