The rich are giving more but don’t always feel their donations are effective.
Improving the economy and alleviating poverty are at the top of the list of concerns for the wealthy.
Eleven billionaires under age 40 made it on Forbes’ 400 richest list this year. Two of them are just 30 years old.
The rich go where the money is, and two cities are minting millionaires faster than New York.
For the rich, luxury often comes in the form of a winning bid for a rare item, such as a diamond-encrusted Birkin handbag.
If you want to be rich, it helps to know where you have the best shot at earning your millions.
Trusts can ensure privacy and signify intent, but only if they are carefully drafted.
Your chances of mingling with millionaires are greater if you spend time in these cities.
Those who don’t need the money are often the ones who want to keep working in retirement.
Wealthy New York City residents who do move tend to stay relatively close to their old home in other high-tax states.