An interesting little point being made about the wealth of some of those in the past, the implication of which is that Warren Buffett, Bill Gates, Jeff Bezos and the like simply aren't rich enough to be considered truly wealthy by those historical standards. This is obviously a contentious point and economists have tied themselves in knots over the years trying to work out how we can compare incomes, wealth, in fact even just basic lifestyles, over centuries and millennia.answer economists entire fortune historical income modern past rich Wealth
The rich are getting richer; and the very rich are getting very much richer. The catch is that not all wealth managers have the technical and interpersonal skills to work effectively with the rich, and this situation is even more evident when it comes to working with the super-rich.clients personal private rich richer thought leaders Wealth wealth managers wealthy working
Investing in real estate can be an excellent way to diversify your portfolio, enjoy a steady stream of current income and build long-term wealth for the future. Teaming up with a trusted mentor who is already a successful real estate investor is perhaps the best way to learn the ropes and avoid common first-timer blunders.agent avoid building common estate firm investment property management Rent Wealth
I had a Twitter debate with Noah Smith and Matt Bruenig a few weeks ago on whether or not tax cuts for the wealthy should be considered income redistribution.
This is an important point, so it is worth more debate and an attempt by me (or others) to answer this claim.argument Bruenig government income infrastructure redistribution services tax Wealth wealthy
An early investor in Uber and many other startups, Jason Calacanis seems to have an eye for money-making companies.
Calacanis shares what he has learned investing in over 150 companies at the angel phase and how he sees wealth creation is changing in his new book, Angel: How to Invest in Technology Startups-Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000.angel Calacanis companies Early eye Jason money startups uber Wealth
The 2017 Sunday Times Giving List is normally known for the titans of industry and generous aristocrats who are sharing their fortunes. This year’s 200-strong list however has a number of celebrities within the ranks as it analyses how much someone is worth, how much they gave to charity in the last year and giving a ranking based on the proportion of wealth given away.200k celebrities fortune gave giving industry Sunday times titans Wealth
We've another of those pieces shouting that artificial intelligence is going to overturn the world and thus we need more taxes, more government and even, in this argument from Kai-Fu Lee, more colonialism.
We are suffering, not from the rheumatics of old age, but from the growing-pains of over-rapid changes, from the painfulness of readjustment between one economic period and another.automation consumer economic enormous inequality job labour money profit Wealth
Everyone knows it is hard to get rich, but it can be even harder to stay rich. Standard Charter recently made a similar move, raising its minimum from $2 million to $5 million and signaling it would begin targeting clients with investable assets in the $30 million range.assets entrepreneurs financial investments manage planning rich services tax Wealth
In a column from December of 2015, the Wall Street Journal’s Mary O’Grady unveiled a rather inconvenient fact that poverty warriors on the American left and right would perhaps prefer remain hidden: from 1980 to 2000, when the U.S. economy boomed, the number of Mexican arrivals into the U.S. grew from 2.2 million in 1980 to 9.4 million in 2000. O’Grady’s statistics came to mind while reading a recent New York Times column by Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities.American Bernstein economic government investment job opportunity poverty rich Wealth
This week’s decision by Arab states including Saudi Arabia, Egypt and the United Arab Emirates to cut ties with Qatar, which they accuse of supporting terrorism, has thrown Doha’s financial markets into turmoil. Qatari stocks Thursday headed for their biggest weekly loss since 2011, and the rift has sparked concern about whether Doha can weather the regional isolation.Arab Doha financial gas investment oil Qatar relationships sovereign Wealth
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As new technologies make many traditional functions obsolete, those of older generations find themselves shut out of jobs simply because businesses can hire and train younger, less experienced people for less money.accumulated age aged business entrepreneur entrepreneurship expertise investors middle Wealth
I recently had the opportunity to return to my alma mater, DePauw University, to speak with their Management Fellows about a career in wealth management. If you’re a new grad looking to start your wealth management career, here’s what you should think about first.books career grad industry management required sadly standard surprised Wealth
This week, Bill Gates took to Twitter to provide some advice to the graduating class of 2017.
Gates exhorted the new grads to fight inequity, spread progress and surround themselves with people who push them to be their best selves in his 14-part tweetstorm.Add approved basis books flies Gates pretty reading regular Wealth
There are a number of content management systems that can help you develop eCommerce websites, but not all are created equal.
While we wouldn’t ever condone you becoming one of the ‘sheeple’, there are plenty of developers out there who vouch for WordPress as their eCommerce solution of choice.Add eCommerce enable functionality implementing solutions solving specific Wealth WordPress
In Don Phillips' article "The Things You Can Control," he suggests that the best advisors help their clients focus on what can be controlled and not fret about the the rest, even when uncontrollable things are what clients think are the most important.
Get clients to become committed savers.clients debt increasing means mortgage save saving spend Wealth years
Jack Ma, chairman of China’s e-commerce leader Alibaba Group, has surpassed Wanda Group Chairman Wang Jianlin as the country’s richest man, according to estimates by Forbes.
As of Friday, Ma’s fortune was worth $30.9 billion, compared with $30.7 billion for Wang.entertainment estate Friday industry IPO record stock Wang Wealth York
For some time now I've been arguing that our usual estimations of wealth inequality are wrong, so much so that they're entirely wrong. The figures that are derived from the various studies end up looking only at transferable wealth.assets capital debt financial human capital income pension private Wealth welfare
China and India may be the two most populous countries in the world, and the fastest growing economies, but given how differently we approach politics, religion and language, many think that's where the resemblance ends.
In both India and China, marriage is seen as a vital step toward social legitimacy and inclusion.China ideas India making marriage match pressure rate social Wealth