Stories tagged with Wealth

Romney wraps up the rich vote

By Laurie Bennett   |   March 8, 2012 at 9:03am   |   0 Comments

Rachel Maddow showed some fascinating graphics Wednesday, illustrating voter affluence in the Republican primaries.

Demonstrators head to Upper East Side

By Laurie Bennett   |   October 11, 2011 at 11:41am   |   0 Comments

Other than wealth and power, what do Jamie Dimon, Rupert Murdoch, Howard Milstein, John Paulson and David Koch have in common?

Multimillionaire ex-wife files for bankruptcy

By Laurie Bennett   |   June 23, 2011 at 7:04am   |   0 Comments

How long does it take to blast through $120 million?

America’s rich get richer

By Laurie Bennett   |   September 23, 2010 at 6:28am   |   0 Comments

Contrary to President Obama’s thin reassurance earlier this week that everybody’s hurting, the wealthy had a pretty good year.

Posner leaves millions to care and feeding of her 3 dogs

By A. James Memmott   |   June 20, 2010 at 12:41pm   |   0 Comments

In a lawsuit that reads like a script proposal for a television miniseries, a Florida man has claimed that his millionaire mother was not in her right mind when she left millions for the care of her three dogs.

Heiress Bunny Mellon plays unlikely role in Edwards sex scandal

By Carol Eisenberg   |   January 29, 2010 at 9:08am   |   0 Comments

Before John Edwards came clean to the rest of the world about fathering an out-of-wedlock child, he made a special visit to see Rachel Lowe Lambert Lloyd Mellon.

A bad night for the self-financed

By Laurie Bennett   |   November 4, 2009 at 8:22am   |   0 Comments

For rich politicians wanting to hold onto their jobs, Election Night 2009 was unnerving.

Uneasy sits the crown in marriages to the rich

By Laurie Bennett   |   October 21, 2009 at 11:10am   |   2 Comments

When American tycoons get tangled up with royalty, it rarely ends happily.

Thomas Friedman sees economic meltdown up close

By Carol Eisenberg   |   April 26, 2009 at 8:10am   |   1 Comments

If Thomas Friedman’s columns for the New York Times sound a tad glum lately, there’s a reason: Besides the world economic meltdown and his employer’s accumulating red ink, his wife’s fortune has all but evaporated.

Bilderberg ‘friends’ include Kissinger, Rockefeller, Perle and Johnson

By Carol Eisenberg   |   June 12, 2008 at 8:20am   |   3 Comments

Several dozen participants of a secretive group thought to rule the world gathered in suburban Virginia last week, talked for three days and then departed.

Born to the manor, but devoted to the planet

By Laurie Bennett   |   June 7, 2008 at 7:35am   |   0 Comments

Pity the child with the silver spoon. No matter what he accomplishes in life, it won’t measure up to the achievements of mom and dad.

Cayne, Macklowe keep their condos at The Plaza

By Carol Eisenberg   |   April 8, 2008 at 4:02pm   |   0 Comments

Another way the rich are different: They don’t have to pay mortgages.

Congressional showdown with televangelists

By Carol Eisenberg   |   April 1, 2008 at 12:53pm   |   12 Comments

The aptly-named Creflo Dollar Jr. flies a Lear jet between his million-dollar mansion Atlanta and church services in New York City, where he also keeps a $2.5 million apartment.

Divorce offers window into McCartney financial empire

By Carol Eisenberg   |   March 27, 2008 at 8:35am   |   1 Comments

Sex, money and marital dysfunction: It’s all there in the Paul McCartney-Heather Mills divorce settlement, splayed out in 58 revelatory pages that read more like a British tabloid story than a legal decision.

Billionaire Chuck Feeney gives it all away

By Laurie Bennett   |   March 9, 2008 at 11:10am   |   1 Comments

Little-known philanthropist Chuck Feeney has patterned his life on an Irish proverb: “There are no pockets in a shroud.”

As Margot Roosevelt of the Los Angeles Times reported in a rare profile yesterday, Feeney plans to give away $8 billion in the next 8 years.

Feeney, co-founder of Duty Free Shoppers, which was bought by Bernard Arnault in 1997, put most of his fortune into Atlantic Philanthropies eight years ago. He gave the foundation leadership an usual mission: Spend every dollar by 2016.

Bill Gates enjoyed biggest payday of 2007

By Laurie Bennett   |   March 7, 2008 at 10:05am   |   1 Comments

Bill Gates and Pete Peterson
Bill Gates and Pete Peterson

Bill Gates may have lost top seating on the Forbes billionaires list, but he leads Vanity Fair’s accounting of America’s 50 richest paydays.

The magazine ranked windfalls that came from big deals such as company sales, real estate transactions and stock cash-outs. Gates sold $2.5 billion in Microsoft stock last year.


Buffett unseats Gates on billionaire list

By Laurie Bennett   |   March 6, 2008 at 8:50am   |   0 Comments

For this year at least, Bill Gates can no longer claim to be the richest man in the world.

On Feb. 11, when Forbes ranked assets of the richest people around the world, Microsoft stock had dipped because of its efforts to acquire Yahoo. Gates’s rank on the Forbes billionaire list dipped from 1 to 3. His good buddy, Warren Buffett, who now holds the top spot.

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