Miami’s most exclusive enclave, Fisher Island is still America’s number one “Millionaire Capitol” according to Forbes‘ calculations. Forbes.com combed through IRS data and ranked zip codes by the average income of those who make at least $200,000 a year. They then estimated the average net-worth for people making over $200,000 a year. Fisher Island came [...]
Jean Paul Gaultier has designed a 1-ounce gold bar for French gold investment company CPoR Devises, WWD reports. The gold bar features a JPG-designed heart with his name written across it. Currently, one ounce of gold is valued at $1,680.00.
Qatar surpassed Luxembourg as the world’s richest nation in 2010 and is set to pull away with wealth that’s almost twice that of the US. The IMF’s Chart of the Day shows Qatar’s gross domestic product per capita at $88,221 in 2010, beating Luxembourg for the top spot. The figure may reach $111,963 by 2016, [...]
China, already the world’s second largest bullion consumer, has installed the country’s first gold vending machine in a busy shopping district in Beijing. Shoppers in the popular Wangfujing Street can insert cash or use a bank card to withdraw gold bars or coins of various weights based on market prices. Each withdrawal is capped at [...]
Kirsty Bertarelli, the richest woman in Britain and her husband Ernesto have bought the biggest motor yacht ever built in the UK, the 315-ft. foot Vava II. The $160 million megayacht, which now ranks as the 33rd largest in the world, was built by Devonport Yachts in Plymouth and boasts luxury interiors, a helicopter landing [...]
Warren Buffet wrote in an editorial to the New York Times that was published Sunday that he wants to pay more taxes and thinks his mega-rich friends should too. “While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our [...]