Keyword: millionaires

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  • Robin Leach "Lifestyles of the Rich & Famous", dead.

    08/24/2018 8:39:10 AM PDT · by gaijin · 26 replies
    YouTube ^ | August 24th, 2018 | me
    The celebrity columnist died last night in Cabo San Lucas at age 76 after suffering a second stroke. His "champagne wishes and caviar dreams" with Lifestyles of the Rich and Famous was syndicated for over a decade, starting in 1984 and helped launch Entertainment Tonight. Don't miss the brief appearance of OUR FAVORITE GUY at second 22 in Leach's video intro for Lifestyles of the Rich and Famous. Memories..! Fair winds and following seas, friend...
  • Elizabeth Warren’s Income Has Skyrocketed Since She Entered The Senate In 2013

    08/23/2018 10:00:40 AM PDT · by rktman · 27 replies
    dailycaller.com ^ | 8/22/2018 | Andrew Kerr
    Sen. Elizabeth Warren’s personal income has risen substantially since she entered the Senate in 2013, according to 10 years of tax return documents her campaign released Wednesday. The Massachusetts Democrat and her husband, Harvard Law School professor Bruce Mann, earned a combined adjusted gross income of nearly $5.4 million from 2013 to 2017, according to their tax returns — a 42 percent increase from the couple’s combined income of almost $3.8 million in the five years prior to Warren’s ascension to Congress. Warren earned over half of the couple’s combined income during those years, even without counting her Senate salary....
  • Trumponomics Makes 401(k) Millionaires Like The Swiss Make Chocolates

    08/20/2018 8:31:50 AM PDT · by SeekAndFind · 20 replies
    IBD ^ | 08/21/2018
    It was a little report, one you might easily have missed, from the people at Fidelity Investments: The number of people with more than a million dollars in their 401(k) is soaring. Bad news for the economics of envy. Fidelity says that the number of people at the end of the second quarter with a million dollars or more in their Fidelity 401(k) surged by 50,000 to 168,000, a 42% gain. Fidelity has 16.1 million 401(k) accounts under management, with an average balance of $104,000, up 6.4% from a year ago. "Individuals are increasing their savings rates, they're taking advantage...
  • Obama boasts: “I’m surprised how much money I got”

    07/19/2018 9:43:49 AM PDT · by Beave Meister · 46 replies
    World Socialist Web Site ^ | 7/19/2018 | Barry Grey
    The corporate media has overwhelmingly praised Barack Obama’s speech in Johannesburg on Tuesday at an event commemorating the 100th anniversary of the birth of Nelson Mandela, calling it an “impassioned” defense of democracy, tolerance, equality and the liberal capitalist world order established after World War II. The reports have singled out Obama’s muted and indirect criticisms of Donald Trump’s “strongman politics” and the “utter loss of shame among political leaders” who are “caught in a lie and just double down and lie some more.” No notice is being taken in the press reports of two points in the rambling, 90-minute...
  • African-American millionaire finds note with racial slur in hotel room

    07/07/2018 4:35:55 PM PDT · by conservative98 · 147 replies
    NY Post ^ | July 7, 2018 | John Aidan Byrne
    An African-American millionaire and his Manhattan consultant son were victims of a July 4th hate crime in their hotel room during a Florida vacation. A racist creep apparently snuck into Frank and Michael Davis’ room at the upscale Art Ovation Hotel in Sarasota and left a 2-by-5 post-it note reading, “You’re a N—-R.” After returning to their sixth-floor room from breakfast, the Davises found the sickening message placed on a globe-shaped bedside lamp. “I was stone cold for 30 to 40 seconds when I read the note,” Michael Davis, 27, a consultant for a financial firm, told The Post. “My...
  • Millionaires Flee California After Tax Hike

    07/06/2018 2:11:38 PM PDT · by EdnaMode · 47 replies
    Forbes ^ | July 6, 2018 | Patrick Gleason
    According to new research released by Charles Varner, associate director of the Stanford Center on Poverty and Inequality, California lost an estimated 138 high-income individuals following passage of the Proposition 30 income tax increase championed by Gov. Jerry Brown (D) and approved by Golden State voters in 2012. This new research by Varner updates a previous paper released six years ago that looked at domestic migration to and from California following a 2004 income tax hike. “One reason we wanted to update our previous paper is that this tax change in 2012 is the largest state tax change that we...
  • More than half of Millennials expect to be millionaires someday, according to a new study

    06/12/2018 11:03:54 AM PDT · by C19fan · 64 replies
    UK Daily Mail ^ | June 12, 2018 | Valerie Bauman
    Millennials expect to make it big some day, with more than half reporting that they believe they will eventually become millionaires, according to a new study. Despite having crushing student loans (20 percent never expect to pay them off), credit card and other debt, people born between 1982 and 2000 share a confidence when it comes to their financial outlook. 'Young people are optimistic about the future,' said JJ Kinahan, chief strategist for TD Ameritrade, in a statement on the company's new report. 'On average, survey respondents expect to land a job in their chosen field and be completely financially...
  • The Millionaires Are Fleeing. Maybe You Should, Too.

    06/04/2018 8:57:54 AM PDT · by SeekAndFind · 20 replies
    New York Times ^ | 06/03/2018 | Ruchir Sharma
    Tracking the rich has become a voyeuristic global industry, a form of celebrity worship. But it can also provide serious clues about where countries are headed. When a country begins to fall into economic and political difficulty, wealthy people are often the first to ship their money to safer havens abroad. The rich don’t always emigrate along with their money, but when they do, it is an even more telling sign of trouble. Since 2013, New World Wealth, a research outfit based in South Africa, has been tracking millionaire migrations by culling property records, visa programs, news media reports and...
  • Millionaire’s Taxes Offer Little Bang and Little Buck: Good politics but bad economics.

    04/18/2018 9:36:38 AM PDT · by SeekAndFind · 11 replies
    National Review ^ | 04/17/2018 | By JONATHAN WILLIAMS & ROSS MARCHAND
    Soaking the rich is good politics but bad economics. Millions of Americans are beginning to see the fruits of the federal tax overhaul passed in December, with higher take-home pay, bonuses, and a stronger job market. However, these good times could soon end in some left-leaning states that are considering raising their income taxes. New Jersey, Massachusetts, and Maine may soon place surtaxes on “millionaires,” via legislation in the Garden State and ballot measures in the others. To proponents of larger government and greater state-level redistribution, raising rates on “fat cats” is a perfect way to fund more Medicaid and...
  • Who wants to be a ‘Millionaire’? 51 percent of students at a Lenox [Mass.] school.

    03/02/2018 8:16:59 AM PST · by ProtectOurFreedom · 10 replies
    Boston Globe ^ | 3/1/18 | Anon
    Students at a Massachusetts school want to remain millionaires. The Lenox Memorial Middle and High School student council on Wednesday announced that a school-wide poll found a majority of students want to keep the sometimes contentious Millionaires mascot. About 96 percent of the school’s 438 students voted last month. Fifty-one percent voted to keep the nickname, 32 percent wanted to change it, and 17 percent had no opinion. Students last spring voted to change it because it is divisive, leads to taunts from opposing schools, and doesn’t accurately reflect the picturesque town’s economics. Superintendent Timothy Lee tells The Berkshire Eagle...
  • Democracy Alliance: Soros Billionaires Club for Revolution

    01/25/2017 2:34:22 PM PST · by detective · 6 replies
    The New American ^ | 25 January 2017 | William F. Jasper
    Even as Democrats publicly and loudly decry corporatist political “dark money,” billionaire Democrats and other donors funnel hundreds of millions to radical and violent causes.   Barely a week had passed after Donald Trump’s historic upset in the November 8 presidential election, but some of the world’s richest individuals were already launching a counteroffensive. George Soros and his fellow deep-pocket funders of the Democratic Party and left-wing causes gathered with a lineup of party activists and luminaries from Hollywood, K Street, and Wall Street for a three-day “investment conference” (November 15-17) at the luxurious Mandarin Oriental Hotel in Washington, D.C....
  • New York Times frets over the fortunes of California's wealthiest

    02/08/2018 11:25:57 AM PST · by rktman · 12 replies
    americanthinker.com ^ | 2/8/2018 | Thom Lifson
    In a daily feature it calls “California Today,” the New York Times expresses concern over the impact of stock market declines on California’s wealthy. It is not out of concern that risk-takers will be disincentivized from making future investments, however. Matt Stevens and Julie Turkewitz write: California has one of the highest top tax brackets in the country, and the state relies heavily on those top earners to fill its coffers. (In 2014, the top 1 percent of earners paid 48 percent of all state income taxes in California, according to a 2016 article in the Economist.) “Since the top...
  • Danger in 2018 for the Party of the Rich (Democrats)

    12/26/2017 9:35:36 AM PST · by Kaslin · 8 replies
    PJ Media ^ | December 25, 2017 | Roger L. Simon
    Just before the Tax Cuts and Jobs Act of 2017 passed last week, House Minority Leader Nancy Pelosi told us what she thought of the bill in the proverbial "no uncertain terms." In this holy time, the moral obscenity and unrepentant greed of the GOP tax scam stands out even more clearly... This GOP tax scam is simply theft, monumental, brazen theft from the American middle class and from every person who aspires to reach it. The GOP tax scam is not a vote for an investment in growth or jobs. It is a vote to install a permanent plutocracy...
  • Millionaire MSNBC Host Joe Scarborough Is Downsizing (Losing $1 Million on Home...So Far)

    12/23/2017 2:48:13 PM PST · by PJ-Comix · 51 replies
    Daily Caller ^ | December 22, 2017 | Betsy Rothstein
    Maybe size doesn’t matter. And perhaps bigger isn’t always better? MSNBC “Morning Joe” host Joe Scarborough is selling his multi-million dollar, Colonial-style, 7,826 square-foot house in New Canaan, Conn., where he resides with his son and daughter. The daughter will soon be going off to school, leaving the large home for just him and his son. Presumably his fiancé Mika Brzezinski spends time there, too.
  • Who Wants to Buy the Most Expensive House in America? (video)

    12/23/2017 9:54:54 AM PST · by simpson96 · 26 replies
    New York Times ^ | 12/23/2017 | Candace Jackson
    “Let’s say you’re a super-wealthy single dude who just sold your company,” said Nile Niami. “You’ve just moved to L.A. and you don’t know anybody, so you hire someone to fill your house with partyers. You want everyone to know who you are, but you don’t want to talk to anybody. So you go sit in your V.I.P. room.” Mr. Niami was giving a tour, and, unlike most home tours, this one started in the nightclub. It will have multiple bars, its own coat room and LED ceilings playing images of moving clouds. Beyond the floor-to-ceiling glass walls there is...
  • Connecticut budget can’t rely on ‘the rich’

    12/21/2017 12:30:43 PM PST · by george76 · 42 replies
    Connecticut continues to be dogged by messy finances. The budget legislators and Gov. Dannel P. Malloy adopted in late October for fiscal year 2017-18 is in deficit. Gov. Malloy’s Office of Policy and Management estimated a $202.8 million hole Nov. 20, while state Comptroller Kevin P. Lembo concluded Dec. 1 that the hole is $207.8 million. Before these forecasts were issued, the state was expected to contend with a $4 billion deficit in the 2019-21 biennium. ... “between 2015 and 2016, Connecticut saw a net loss of 2,050 tax filers who earn more than $200,000 per year.” This amounted to...
  • Many millionaire migrants are exiting Canada but leaving their families behind there, census reveals

    12/21/2017 8:38:32 AM PST · by texas booster · 11 replies
    The Hongcouver, South China Morning Post ^ | Thursday, 21 December, 2017 | Ian Young
    More than 40 per cent of the breadwinners for recent millionaire migrant households in Canada appear to have exited the country, although many left families behind there, according to new census data that illustrate the extent of a widespread phenomenon among rich Hong Kong and mainland Chinese immigrants. Overall, only 52.6 per cent of the 52,507 investor migrant households that moved to Canada between 1986 and the May 2016 census still had their original breadwinner, or “principal applicant”, living in Canada, according to the South China Morning Post’s analysis of the data. Some of those have likely died – since...
  • How well paid are California’s university presidents? For one, the answer is very well

    12/18/2017 6:17:08 AM PST · by artichokegrower · 10 replies
    Santa Cruz Sentinel ^ | 12/17/17 | Emily DeRuy
    The president of the University of Southern California is the highest paid college president in California and among the best paid in the country. In 2015, C.L. Max Nikias made nearly $3.2 million to lead the Los Angeles-based private school, according to the Chronicle of Higher Education’s recently updated roundup of executive pay. The publication analyzed data from more than 600 private universities and nearly 250 public colleges.
  • Sean ‘Diddy’ Combs eyes Carolina Panthers, wants to sign Kaepernick

    12/18/2017 6:34:33 AM PST · by Bon of Babble · 43 replies
    Fox News ^ | 12/18/2017 | Fox News
    Hip hop mogul Sean “Diddy” Combs said he hopes to buy the Carolina Panthers so he can sign Colin Kaepernick after the team’s current owner announced he will sell the franchise amid sexual misconduct allegations.
  • Wealthy CEOs Lecture Americans To Show ‘Courage’ by Submitting to Diversity and Amnesty

    12/14/2017 8:18:10 PM PST · by Tolerance Sucks Rocks · 34 replies
    Big Government (Breitbart) ^ | December 14, 2017 | Neil Munro
    Americans should have the courage to ignore their written laws, to amnesty DACA illegals and accept an open-borders world, says an op-ed by two wealthy CEOs who stand to gain more wealth in a labor market flooded by low-wage migrants. The op-ed by Tim Cook (CEO of Apple, wealth $800 million and growing) and Charles Koch (Koch Industries, $49 billion and growing) was posted in the Washington Post newspaper owned by Jeff Bezos (owner of Amazon, $98 billion and growing). Under the headline “Congress must act on the ‘dreamers,’” it declared: We must do better. The United States is at...