Yachts, jets and stacks of cash: super-rich discover risks of Instagram snaps
Flaunting assets on social media makes the world’s wealthy an easy target for fraudsters – and financial investigators
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The 5 richest families in Britain prove the theory that money follows money
The rich get richer not because they work hardest, but thanks to their stupendous resources, productive assets and property
There are two currencies in the world: money and time
What is affluence today? Money has a price, but time is priceless. The primary indicators of affluence are more subtle and harder for brands and individuals to detect, according to the newest global study from McCann Truth Central. “The Truth About Affluence” study is based on a quantitative 4,000-person online survey across 16 countries … Read more
France raises taxes on wealthy individuals’ assets
In an economy that’s barely expanding, France presages larger tax increases and spending cuts next year. France’s Socialist government unveiled 7.2 billion euros ($9 billion) of tax increases to meet deficit-reduction goals and avoid bond-market punishment, according to bloomberg. The largest new levy will be a one-time surcharge on wealthy individuals’ assets to raise 2.3 billion … Read more
Higher social class predicts increased unethical behavior: study
Upper-class individuals behave more unethically than lowerclass individuals Are Rich People Unethical? Which social class is the more likely provenance of unethical behavior, the upper class or the lower class? Scientists at the University of California at Berkeley analyzed a person’s rank in society (measured by wealth, occupational prestige and education) and found that those … Read more