DutcherAerials / Getty Images Move over New York City, Los Angeles and Miami. Wealthy Americans are swapping notoriously rich city locales in favor of making moves to quiet, secluded suburbs like Scarsdale, Calabasas and Palm Beach. Find Out: How Far a $100,000 Salary Goes in America’s 50 Largest Cities Learn More: Become a Real Estate […]
Tag: wealthiest
The Wealthiest Person in China
We recently compiled a report on the 30 Wealthiest People in China and in this article we will look at the richest person. An Analysis of the Chinese Economy On May 29, Reuters reported that China is seeing signs of economic recovery after a long period of sluggish economic growth. Consumer spending in China has […]
How the world’s wealthiest business icons spend their warmer months
Between sunning in the Mediterranean and the Hamptons, summer is a good time to be a billionaire. But for a few events, they deploy their private planes and leave the yachts and second homes behind. Here are the spots where you can find the ultrarich this summer. Summer has officially begun, and billionaires have already dispersed […]
These are the 10 wealthiest counties in Oklahoma. Did yours make the list?
Among 77 counties in Oklahoma, some stand out from the rest when it comes to resident income. We looked at the data from the 2022 U.S. Census Bureau’s American Community Survey five-year estimates to find Oklahoma’s wealthiest counties. Here’s what we found. Canadian County wealthiest in Oklahoma Based on median household income, Canadian County came […]
Justin Trudeau’s government raises taxes on wealthiest Canadians in federal budget
OTTAWA, Ontario (AP) — Canadian Prime Minister Justin Trudeau’s government announced Tuesday it is imposing higher taxes on the wealthiest Canadians as part of the federal budget. The budget proposes to increase the capital gains inclusion rate, which refers to the taxable share of profit made on the sale of assets. The taxable portion of […]
The wealthiest 10% of Americans own 93% of stocks even with market participation at a record high
The richest Americans own the vast majority of the US stock market, according to Fed data. The top 10% of Americans held 93% of all stocks, the highest level ever recorded. Meanwhile, the bottom 50% of Americans held just 1% of all stocks in the third quarter of 2023. The wealthiest Americans have never owned […]