inspiral + wealthy   65

Selling Airborne Opulence to the Upper Upper Upper Class - The New York Times
For a private-jet broker, success is all about knowing who’s who in the world’s 0.0001 percent.
corporatejet  wealthy  highnetworth  JetBusiness  NYTimes  2018 
january 2018 by inspiral
Why Do Rich People Love Endurance Sports? | Outside Online
Cycling, running, and obstacle course racing are dominated by white-collar workers. And while disposable income makes competing more feasible, researchers are also starting to discover a psychological pull that draws these people to masochistic events.
cycling  running  ultradistance  endurance  wealthy  psychology  review  Outside  2017 
august 2017 by inspiral
The new class markers of the American elite: In "The Theory of the Leisure Class," Elizabeth Currid-Halkett updates our ideas of conspicuous consumption — Quartz
Being wealthy has become so passé that rich people are increasingly choosing not to display that wealth—that’s the theory behind a new book exploring the changing consumption habits of rich people in the West.
consumer  consumption  wealthy  experiential  consumerism  trends  USA  Quartz  2017 
june 2017 by inspiral
An Election Season Conversation With Ralph Nader, the Nation’s No. 1 Public-Interest Crusader — Pacific Standard
It’s been an interesting couple of years for left-wing populist movements, from Occupy Wall Street and Black Lives Matter to Bernie Sanders’ insurgent run for president. Driven by widening inequality and fanned by social media, some have already brought about real changes — like the fight for a $15 minimum wage across the country — while others have quietly faded away. Few people have a longer-term perspective on what it takes to have an impact than public-interest crusader and political maverick Ralph Nader, who, over the span of five decades, has leveraged the courts, the media, and the electoral system to win hefty gains for consumers and the environment. A five-time candidate for president, he’s sitting this election out, working the channels through his role with the Center for Study of Responsive Law, the research and advocacy organization he founded in 1968. The center is housed at the Carnegie Institution for Science in Washington, D.C., where we met in a grand, bookshelf-lined conference room and talked politics, elections, and organizing for change as the late-afternoon sun slanted through tall windows.
RalphNader  interview  politics  BernieSanders  HillaryClinton  DonaldTrump  politicalcorrectness  freetrade  TransPacificPartnership  Apple  Facebook  Google  privacy  philanthropy  wealthy  PacificStandard  2016 
june 2016 by inspiral
Uber and Airbnb really are for the wealthy and well-educated — Quartz
The new digital economy is increasingly looking like it belongs to the rich and well-educated.
US adults who earn at least $75,000 a year are twice as likely to have booked trips on ride-hailing services (such as Uber) or rented rooms through home-sharing companies (such as Airbnb) as lower-income Americans, according to a new study from Pew Research Center. College graduates are also much more likely to have been consumers in the new digital economy than people with less educational achievement.
sharingeconomy  ridesharing  Uber  Airbnb  income  wealthy  PewResearch  USA  Quartz  2016 
may 2016 by inspiral
'Burning Man for the 1%': the desert party for the tech elite, with Eric Schmidt in a top hat | Business | The Guardian
Further Future is the tech-centric, unapologetically luxurious alternative to Burning Man, complete with personal assistants, spa treatments and fine dining
FurtherFuture  festival  wellness  luxury  BurningMan  wealthy  Guardian  2016 
may 2016 by inspiral
School of hard knocks no barrier for billionaires - FT.com
The world’s top self-made billionaires do not just have more money than everyone else; they often have less top-level education than the managers and accountants running their companies.
Research shows that about a quarter of the world’s wealthiest entrepreneurs dropped out of university or high school before going on to join the financial elite, a greater proportion than those who achieved masters degrees.
billionaire  highnetworth  wealthy  education  university  review  VerveSearch  FinancialTimes  2016 
april 2016 by inspiral
Current Affairs | Culture & Politics
Today’s “patrons of the arts” are less interested in opera and ballet, and more interested in novelty furniture and enormous sculptures of their own faces…
culture  patronage  funding  revenues  opera  ballet  decline  wealthy  highnetworth  review  CurrentAffairs  2016 
march 2016 by inspiral
For the Wealthiest, a Private Tax System That Saves Them Billions - The New York Times
“We do have two different tax systems, one for normal wage-earners and another for those who can afford sophisticated tax advice,” said Victor Fleischer, a law professor at the University of San Diego who studies the intersection of tax policy and inequality. “At the very top of the income distribution, the effective rate of tax goes down, contrary to the principles of a progressive income tax system.”
taxation  highnetworth  wealthy  taxavoidance  politics  lobbying  USA  NYTimes  2015 
december 2015 by inspiral
China Inc: The party vs the elite - FT.com
As a result, many are now bracing themselves for a potential clash of power and money in China. Any such tussle would pit one of the world’s most enduring authoritarian political parties against hundreds of recently minted billionaires, shattering the previously cosy relationship between the two.
GuoGuangchang  highnetworth  wealthy  corruption  government  China  FinancialTimes  2015 
december 2015 by inspiral
See the Most Expensive, Extravagant Mansion in L.A. | Details
On a hilltop in Bel Air, a 100,000-square-foot gigamansion is under construction, for no one in particular. The asking price—$500 million—would shatter records, but, as ridiculous as it sounds, in L.A.'s unbridled real-estate bubble, this house could be billed as a bargain.
realestate  porperty  wealthy  highnetworth  LosAngeles  NileNiami  interview  Details  2015 
november 2015 by inspiral
Global Wealth Report - Credit Suisse
Now in its sixth edition, the Credit Suisse Global Wealth Report is the most comprehensive and up-to-date source of information on global household wealth.
wealthy  wealth  highnetworth  country  region  statistics  global  CreditSuisse  2015 
october 2015 by inspiral
Children of the Yuan Percent: Everyone Hates China’s Rich Kids - Bloomberg Business
The fuerdai, China’s second-generation rich kids, are the most loathed group in the country. They’re also its future.
wealthy  fuerdai  China  Bloomberg  2015 
october 2015 by inspiral
Are we creating a rich Internet and a poor Internet?
The more of our digital economy we leave to formulas instead of fairness, say regulators, the more we risk creating two digital economies—one for the rich, filled with opportunity, and one for the poor, filled with risk and little reward.
wealthy  onlinemedia  bifurcation  subscription  impact  DailyDot  2015 
september 2015 by inspiral
Why the Rich Love Burning Man | Jacobin
Burning Man will be remembered more as the model for Google CEO Larry Page’s dream of a libertarian state, than as the revolutionary Situationist space that it could have been.

As such, it is a cautionary tale for radicals and utopianists. When “freedom” and “inclusion” are disconnected from democracy, they often lead to elitism and reinforcement of the status quo.
BurningMan  Politics  libertarianism  critique  wealthy  Jacobin  2015 
august 2015 by inspiral
Do rich people have their own Internet?
With no incentive to create an Internet for everyone, a class divide seems nearly inevitable. It’s perhaps not surprising, then, that the wealthy browse a radically different Internet than we do, the result of self-selection, artificial curation, and a desire, perhaps, to avoid being forced to rub shoulders with the hoi polloi.
internet  inequality  wealthy  highnetworth  Netropolitan  DailyDot  2014 
september 2014 by inspiral
Ultra-rich man's letter: "To My Fellow Filthy Rich Americans: The Pitchforks Are Coming"
The oldest and most important conflict in human societies is the battle over the concentration of wealth and power. The folks like us at the top have always told those at the bottom that our respective positions are righteous and good for all. Historically, we called that divine right. Today we have trickle-down economics.
wealthy  highnetworth  inequality  incomeinequality  minimumwage  critique  NickHanauer  TopInfoPost  2014 
july 2014 by inspiral
The rise and rise of the superstar artists - The Art Newspaper
In an extract from her new book, Georgina Adam explains how a handful of artists have become multi-millionaires
ArtMarket  art  wealthy  growth  TheArtNewspaper  2014 
june 2014 by inspiral
Lessons from a $110 million penthouse — Medium
It’s a physical manifestation of r>g: the way that the rich get richer, while people who have to work for a living fall further and further behind. Any $110 million apartment, of course, will be emblematic of extreme wealth inequality. But beyond that, the only way for the owner of the building to realize the incredible increase in value that the top floors have seen in recent years was to keep them empty. If you need income, you can’t get the wealth; if you want the wealth, you can’t chase the income.
realestate  wealthy  highnetworth  NewYork  WoolworthBuilding  incomeinequality  inequality  author:FelixSalmon  Medium  2014 
june 2014 by inspiral
London's restaurants: a grotesque display of opulence | Tanya Gold | Comment is free | The Guardian
In the naked fetishisation of wealth that dominates the capital's most fashionable eating places there are no critics
restaurants  London  wealthy  Guardian  2014 
june 2014 by inspiral
Evolution of Luxury: New Affluent Seek Rich Experiences over Material Wealth | Global Hub
The affluent, being financially comfortable through years of hard work, are at a stage in their lives where they can afford to reassess their values, objectives, and outlook in life. Beyond simply deriving satisfaction from purchasing and owning luxury goods, the affluent view wealth as the catalyst to experience the world.
wealthy  luxury  experienceculture  experiential  Asia  MiddleEast  Africa  research  golf  EngagementBureau  Mastercard  2014 
june 2014 by inspiral
Affluents Don't Want Texts from Luxury Brands - eMarketer
Targeting affluents? Don’t expect to reach them through texts. In Q1 2014, Luxury Institute found that just 17% of US affluent internet users, those with an income of $150,000 or more, had signed up or were somewhat/very likely to opt in to messages from a luxury brand. SHARE 13 77 2 1 Even tech-savvy affluent millennials weren’t interested in luxury brand messages popping up on their phones: Just around one-quarter said they had or would be interested in receiving such communications, a percentage similar to Generation Xers.
luxury  wealthy  textmessage  email  USA  directmarketing  eMarketer  2014 
june 2014 by inspiral
What It's Like to Be a Billionaire's Butler
Call it Downton Abbey syndrome: The newest trend among the world' s ultra-rich—like, royalty-grade, private-plane-owning Scrooge McDuck rich—is to have a butler. But what type of person would willingly give over his life to serving the outrageously moneyed? As David Katz discovers, these are men and women with boundless grace, innate propriety, and the wherewithal to quickly hide six hookers on a mega-yacht
butler  employment  wealthy  growth  GQ  2014 
may 2014 by inspiral
Surge in Asian millionaire clients is opportunity for private banks - FT.com
Asia is producing more new wealth than any other part of the world at any point in history. Over the past five years, the assets of rich individuals have grown at triple the rate of the wealthy elsewhere, while the number of rich people has increased by twice that of other regions, according to the recent annual survey by Capgemini and Royal Bank of Canada.
wealthy  millionaires  highnetworth  China  Asia  growth  Europe  FinancialTimes  2014 
may 2014 by inspiral
Lessons from a rock-star economist - FT.com
But can the American dream now survive a shift towards oligarchy? Can the egalitarian myth still act as a social glue? These are the big questions implicit in his book; and if Piketty’s analysis is correct, they can only become more acute in the coming years as inequality fuels not just more inequality – but greater cognitive dissonance too
ThomasPiketty  incomeinequality  inequality  USA  economics  wealthy  critique  review  FinancialTimes  2014 
april 2014 by inspiral
Library - Barclays Wealth Insights
Reports looking at high net worth individuals and their financial management needs
highnetworth  wealthy  barclaywealth  imported 
march 2011 by inspiral
Barclays Wealth Insights
Profile high net worth individuals and associated wealth management issues
highnetworth  wealthy  wealthmanagement  barclayswealth  2010  imported 
march 2011 by inspiral
World Wealth Report 2010 | Publications | Capgemini Worldwide
Growth size and profile of the high net worth population globally.Email address: angus.macdonald@wunderman.com password: WundermanInfo
highnetworth  wealthy  global  capgemini  merrilllynch  imported 
march 2011 by inspiral
Global Wealth Report
Report running through the state of the wealthy and a run down of key markets
highnetworth  wealthy  global  creditsuisse  2010  imported 
march 2011 by inspiral

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