Content tagged with “wealth” under “The Interesting List”

“ A random, bizarre will for a half-billion estate was ‘discovered,’ and no matter how ridiculous it seems, the court is forcing lawyers to adjudicate the matter. ”

“ Prevailing winds and historical poor sanitation have caused the east side of cities to be generally less wealthy than the west sides. ”

“ An enlightening interview with the head of a firm that recruits home staff for billionaires. ”

“ In 2016, a single hedge-fund manager moved from New Jersey to Florida. He made so much money, and paid so much in taxes, that this move threatened to throw the NJ budget out of whack. ”

“ A teenager was denied alcohol at one of NYC’s most prestigious establishments, so he embarked on a dumbfounding sidewalk campaign to claim antisemitism and Holocaust denial. And somehow a hip-hop star is involved. ”

“ An examination of the motives and economics behind the wealthy and their super-yachts. ”

“ A comprehensive tour of a full-size Boeing 767 turned into a private jet. ”

“ A man in Wales was a very early Bitcoin miner. He has 8,000 Bitcoin in a wallet for which the only key is on a hard drive he accidentally threw away. ”

“ Although anyone can work to become a professional tennis player, the road is long and even a Top 200 player can expect to make about the same as an accountant. ”

“ Josip Tito, the former ruler of Yugoslavia, had a opulent luxury train built for his personal use. ”

“ In 1982, a billionaire set a goal to give all of his (growing) fortune to charity. It took him 38 years, but he completed the goal, closed his trust, and he and his wife now live in a small apartment. ”

“ A guy hardly anyone knew about set a record for the largest financial loss in the shortest amount of time. And he did serious damage to a couple of banks along the way. ”

“ A new trend in art is the sale of encrypted files which are guaranteed to be unique and only have a single unencrypted copy. ”

“ When wealthy people buy art as an investment, they often never even see it. Special facilities exist to store the art, tax-free, under their ownership. ”

“ A travel agency for ‘ultra high net worth’ people reveals some of the absurdities involved with planning vacations for people with a lot of money. ”

“ Just before the Great Depression, a man left millions of dollars to the family that could produce the most children in the 10 years after his death. ”

“ A profile of a premier homebuilder in Manhattan and some of the projects he works on. ”

“ A mysterious Bitcoin wallet has been dormant since 2015 and contained almost $1 billion. On election night, whomever had access to it suddenly moved all the money out. ”

“ In 1971, Iran threw itself a 2,500th year birthday party in the middle of the desert. It was undoubtedly the most expensive party in history. ”

“ An absurd and sometime hilarious account of a Qatari prince who sort of attended USC…or didn’t, but somehow came away with a masters degree nonetheless. ”

“ A bizarre recounting of an almost mythical set of Ferrari F40s ordered by the Sultan of Brunei. It’s odd for both how carefully the F40 chassis are tracked, and for the absurd wealth and waste of the royal family. ”

“ When you just consider income taxes, wealthy people pay a higher percentage in taxes. But when you consider all the other taxes – payroll, property, and consumption – the curve starts to straighten out. ”

“ An interesting model for defining what ‘wealthy’ means, and how wealthy you might feel at any particular stage of your life. ”

“ Addiction may be a universal problem, but rehab is very different when you’re absurdly wealthy. ”

“ A family lives in the decaying ruins of a hunting lodge in India, claiming they are royalty, and demanding their land back. How much of the story is true? ”

“ A good explainer of how art gets to auction, how that market is structured, and how people spend eight figures on a painting. ”

“ A look into the psychology and drive of wealthy people who want more of everything, all the time. ”

“ Numerous studies seem to prove that the wealthier someone is compared to the people around them, the more antisocial behaviors they display. ”

“ In 2003, a band of daring robbers proved that, sometimes, real life can be just like one of those totally unrealistic vault heist movies. ”

“ In 1991, the CEO of a British jewelry company made some jokes about the quality of his company’s product and effectively destroyed it and his own personal net worth. ”

“ The convoluted tale of a missing car, and the guy who searches for it for a living. ”

“ A wonderful documentary explaining the business of contemporary art, and the intersection of artists, dealers, collectors, auction houses, and art fairs. It’s a deeply odd mix of emotion, ego, and big business. ”

“ Birkin bags sell for figures on the low end, up to $500,000 on the top end. Why this is so is a perfect example of exclusivity and branding. ”

“ The middle-aged granddaughter of Roy Disney is surprisingly realistic about all the money she inherited and how that has charted the course of her life. ”