Stories tagged: wealth
MONDAY, JAN. 16, 2017, 12:58 P.M.
Who are the 8 richest people? All men, mostly Americans
The eight individuals who own as much as half of the rest of the planet are all men, and have largely made their fortunes in technology. Most are American, with …
MONDAY, JAN. 2, 2017, 8:18 P.M.
As populists won 2016 ballots, world’s richest made $237 billion
In a year when populist voters reshaped power and politics across Europe and the U.S., the world’s wealthiest people are ending 2016 with $237 billion more than they had at …
FRIDAY, DEC. 9, 2016, 5:36 A.M.
American Dream? Odds plunge that children will earn more than their parents
Rising income inequality has eroded the ability for American children to grow up to earn more than their parents, according to groundbreaking new research from a superstar team of economists …
FRIDAY, DEC. 9, 2016, 4:40 A.M.
U.S. home price gains lift household wealth to $90.2 trillion
A healthy increase in home values and higher stock prices drove up U.S. household wealth in the July-September quarter, though the gains are largely concentrated among wealthier Americans.
WEDNESDAY, OCT. 5, 2016, 8:45 P.M.
A record number of U.S. billionaires are immigrants
Forbes Magazine on Tuesday released its annual list of the 400 richest Americans, a record 42 of whom are immigrants from 21 countries.
SUNDAY, JULY 3, 2016
Carolyn Hax: Daughter, 6, noticing others’ wealth
Dear Carolyn: My daughter, 6, has just begun noticing that many of her friends have much nicer homes than we do. For a variety of reasons, my husband and I …
TUESDAY, MARCH 29, 2016
Robert Samuelson: U.S. slower-growing, but not poor
We feel poor not because we are poor but because our stunted economic growth cannot satisfy all our demands.
MONDAY, JAN. 27, 2014, 7:47 A.M.
Wealth Gap: A guide to what it is, why it matters
WASHINGTON — From the White House to the Vatican to the business elite in Davos, Switzerland, one issue keeps seizing the agenda: the growing gap between the very wealthy and …
MONDAY, DEC. 9, 2013, 4:23 A.M.
Rising riches: 1 in 5 in US reaches affluence
It’s not just the wealthiest 1 percent. Fully 20 percent of U.S. adults become rich for parts of their lives, wielding outsize influence on America’s economy and politics. This little-known …
MONDAY, DEC. 10, 2012, 1:47 P.M.
Report: Fannie, Freddie managers earned $200K
WASHINGTON — A government report finds median pay for nearly 2,000 senior managers at government-controlled Fannie Mae and Freddie Mac exceeded $200,000 last year.
SATURDAY, OCT. 1, 2011
Protesters ordered to be less ‘permanent’
Occupy Spokane, the 2-day-old action in solidarity with the 2-week-old Occupy Wall Street protest against economic injustice, was visited Friday morning by police enforcing a city ordinance. About a dozen …
SUNDAY, JAN. 2, 2011
Caldwell: Wizard of wealth passes it on in new book
Glenn Petry estimates he taught finance to 15,000 Washington State University students. Now, he wants to teach you. The retired but apparently untiring professor has written his first book, “The …
SUNDAY, FEB. 1, 2009
Wealthy turn stealthy as economy weakens
BEVERLY HILLS, Calif. – Throwing your money around is so pre-recession. As the economy weakens, the wealthy and the businesses that cater to them say it’s more common – even …
SATURDAY, MAY 17, 1997
Preisential Plunder The President Used Zaire As His Personal Piggy Bank, According To Some, With 11 Palaces In That Poor Country Alone.
Mobutu Sese Seko may have given up his powers, but during three decades the dictator who promised his impoverished African land that he would live on his soldier’s pay salted …
MONDAY, SEPT. 30, 1996
Forbes List Of Billionaires Rises By Third
From the average Joe to the most bloated fat cat, Americans have more money. But the richest are a lot richer and their ranks have swelled by nearly a third. …
THURSDAY, AUG. 22, 1996
Perot’s Overseas Investments Belie Rhetoric Of Lost Dollars Foreign Government Bonds Held By Candidate Top $450 Million
In between runs for the presidency, Ross Perot spent the last four years railing against the “giant sucking sound” of U.S. jobs and U.S. dollars going overseas. But at the …
FRIDAY, DEC. 1, 1995
Candidate’s Assets At Least $4.2 Million Minnick To Spend $500,000 Of Own Funds To Unseat Larry Craig
When Democratic senatorial candidate Walt Minnick said he would spend $500,000 of his own money, the Boise businessman was pledging as much as 12 percent of his net worth to …
MONDAY, SEPT. 11, 1995
Beatles In The Money Again, Forbes Says Band Earned Third Most Money, Behind Steven Spielberg, Oprah
The Beatles are back on top … almost. They haven’t cut a new record in 25 years and lost band member John Lennon to an assassin in 1980, but the …
WEDNESDAY, JULY 5, 1995
Soccer Magnate Richest Of Rich In Sports
John Kluge, one of the investors in the proposed Major League Soccer, at $5.9 billion is the wealthiest person is sports, according to the July 17 “Forbes.’ Microsoft co-founder Paul …
SATURDAY, APRIL 15, 1995
Tyson In The House
Mike Tyson signed the final papers on a $3.7 million, 11,000-square-foot home just down the street from Wayne Newton’s ranch, a source reported. The realtor handling the deal, Phyllis Schwartz, …
WEDNESDAY, APRIL 12, 1995
Tyson Purchases Mansion, 5 Bmws
Mike Tyson is buying an 11,000-square-foot mansion here patterned after a French castle, reportedly paying $3.7 million for it. The home, owned by longtime gaming figure Ed Doumani, has been …