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I’m not sure, but I sort of feel like teenagers who either drop out of high school or college to start up their own companies (or become one of the most notorious whistleblowers this country has ever had) somehow always make it. That is pure bullshit from me, but at least there is some measure […]

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According to the newest “Billionaire Census” from Wealth-X and UBS, there are 7% more millionaires in the world than last year. Most of them reside in New York, home to the biggest wealth gap in the country. There are 103 billionaires in the city, followed by 85 in Moscow and 82 in Hong Kong. A typical billionaire is […]

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In the most recent issue of The Baffler, Rhonda Lieberman published an extensive piece on the art collectors of the “new Gilded Age.” Almost everyone Lieberman mentions is both obscenely wealthy and exploitative. One of them is Bernie Madoff, whose office art included a four foot screw so expensive that Madoff’s lawyer didn’t want it disclosed […]

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