Showing posts with label Rich. Show all posts
Showing posts with label Rich. Show all posts

February 5, 2015

World's Super Rich Own $3 trillion in Homes



Indian tycoon Mukesh Ambani (C) and wife Nita Ambani (R) with cricketer Piyush Chawla (L) on April 3, 2011. The Ambanis live in one of the most lavish urban residences in the world: a 27-story, 400,000 square foot home in Mumbai.
[From article]
In fact, those with inherited wealth hold 17% of their net worth in luxury residential real estate, compared with just under 9% for self-made multi-millionaires. Some $16 trillion of global wealth will be transferred over the next three decades, mostly to family members, according to a separate survey released last month by Wealth-X found.

http://www.marketwatch.com/story/the-worlds-superrich-now-own-3-trillion-in-homes-2015-02-04

The world’s superrich now own $3 trillion in homes
By Quentin Fottrell
Published: Feb 4, 2015 11:48 a.m. ET

October 26, 2012

Richest Person In Each State

http://www.dailymail.co.uk/news/article-2222491/New-rich-list-reveals-wealthiest-person-50-states-guess-whos-local-billionaire.html

New rich list reveals the wealthiest person in each of the 50 states
(so can you guess who's your local billionaire?)
By JAMES NYE
Daily Mail (UK)
PUBLISHED: 10:30 EST, 24 October 2012 | UPDATED: 13:36 EST, 24 October 2012

August 31, 2012

Get Rich On YouTube

http://www.dailymail.co.uk/news/article-2196110/THOUSANDS-people-making-SIX-FIGURE-income-home-YouTube-videos.html

How we're cashing in on YouTube: Thousands are pulling in SIX-FIGURE incomes with home-made videos
By DAILY MAIL REPORTER
PUBLISHED: 18:40 EST, 30 August 2012 | UPDATED: 03:21 EST, 31 August 2012

March 14, 2009

Obama and Lincoln


This is Abraham Lincoln's quote:

"You cannot multiply wealth by dividing it. You cannot legislate the poor into
freedom by legislating the wealthy out of freedom.

What one person receives without working for, another person must work for
without receiving. The Government cannot give to anybody anything that the
Government does not first take from somebody else. When half of the people get
the idea that they do not have to work because the other half is going to take
care of them, and when the other half gets the idea that it does no good to
work because somebody else is going to get what they work for, that is surely
the end of any nation's future."

Abraham Lincoln

And Obama thinks he's like Lincoln ... Incredible.

…And wasn't it Margaret Thatcher that once said “The trouble with
socialism is that you eventually run out of somebody else's money.” (?)