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Millennials think they know how much money it takes to be considered wealthy,...

Millennials think it takes a personal net worth of nearly $2 million to be considered wealthy, according to Charles Schwab's 2019 Modern Wealth Survey.But more than three-quarters of millennial...

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20 rich and famous people who were once homeless

Before these stars graced red carpets, stages, and film screens across the country, they were homeless.These inspiring rags-to-riches stories go to show that even the direst of situations can turn...

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Photos show how obsessed the wealthy are with blinged-out superyachts

Multi-million-dollar homes for the 1% are nothing new.Neither is using luxury yachts for a getaway. But these floating homes have gotten more and more massive in recent years.The world's billionaires...

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16 of the most expensive hotel rooms in the US

When the wealthy travel, they stay in some of the most expensive hotel rooms in the US. The most expensive hotel room in the world is the Empathy Suite at the Palms Casino Resort in Las Vegas, which...

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Inside Dubai's VIP private terminal for the superrich that costs $11,000 an...

Jetex offers fully bespoke aviation for the superrich.It designs travel experiences for royal families, diplomats, celebrities, athletes, and entrepreneurs.Inside their private terminal, customers can...

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This is how the 5 youngest billionaires in America spend their time and money

The five youngest billionaires in America have a combined net worth of $28.5 billion, according to the Forbes Real-Time Billionaires Index.Of those five, the youngest is 22-year-old reality star and...

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Ultrawealthy people are buying out entire hotels for up to $38,000 a day to...

Wealthy people are buying out entire hotels as they flee major cities for more secluded suburban areas, CNN Travel reports. Renting out suites, hotels, and vacation homes in remote areas is the latest...

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Second-homeowners are reportedly sneaking to the English countryside in the...

Despite the fact that the UK has been on a full lockdown since March 23, people are reportedly disregarding social distancing measures and fleeing to their second homes in the countryside.Specifically...

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What it means to be rich, according to 9 financial planners who would know

Being rich doesn't necessarily mean having a big account balance, according to financial planners.We spoke to nine experts who defined "wealth" in many different ways, from being able to give...

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A viral Twitter thread is asking what's considered trashy if you're poor, but...

A tweet from 2016 went viral again this week, prompting users to answer the question: "What's considered trashy if you're poor, but classy if you're rich?"Many responded to the post, commenting on how...

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The richest people in America, ranked

The 16 richest Americans in the Bloomberg Billionaires Index and Forbes Billionaires List are collectively worth more than $1 trillion. While tech moguls continue to dominate the top ranks, inherited...

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The rich are different from you and me, and so are their neighborhoods. The...

Bloomberg's annual ranking of the richest towns in America shows the average one boasts a household income north of $400,000. The wealthiest town to make the list, Atherton, California, has an average...

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Meet the 15 richest people in Asia, who are collectively worth more than $500...

The 15 richest people from Asia in the Bloomberg Billionaires Index and Forbes Billionaires List are collectively worth more than $500 billion.Some of the billionaires occupying the top rank are...

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Meet the 15 richest people in Africa, who have a collective net worth of over...

Summary List PlacementThe 15 richest people in Africa have made their fortunes by investing in industries like diamonds, oil, and retail. In total, they have a combined total net worth of $73.3...

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Joe Biden's plans to hike taxes for rich Americans will be key for markets if...

Summary List PlacementJoe Biden's plans to raise taxes on ultra-wealthy households and corporates will be a key focus for markets if he wins the November election, Eric Robertson of Standard Chartered...

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Billionaire fortunes reached an all-time combined high of $10.2 trillion...

Summary List PlacementBillionaires have had a good pandemic: Their collective fortunes hit $10 trillion in July, a record high, a new report has found.A report by UBS and PwC found that the collective...

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The one thing most self-made millionaires do when they first wake up

Summary List PlacementFollowing is a transcript of the video.Tom Corley: What I found in my research is that in the morning, this is where self-made millionaires really create a lot of their wealth....

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The world's 1,000 richest people have already bounced back from COVID-19...

Summary List PlacementIt took nine months for the top 1,000 billionaires in the world to bounce back from financial losses triggered by the pandemic — but billions of people will remain in poverty for...

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How the wealthy hanging onto their money actually makes everyone else poorer,...

Summary List PlacementThe wealthy sitting on their savings may be helping finance the debts of poorer Americans and therefore play a role in rising inequality, according to the Chicago Booth Review....

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Citi Global Wealth CIO David Bailin shares 2 ways the ultrarich are nailing...

Summary List PlacementCiti Global Wealth Investment's David Bailin has unique insight into the world of the ultrarich.As chief investment officer, Bailin spends his time advising people who have at...

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