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If you earned $150,000 per year, would you say you were rich? How about if you had a total net worth of $1 million? The top 10 percent of wage-earners bring home $150,000 per year, and, according to the results of a Gallup poll, that’s the median salary required to be rich. Men by and [...]

Leading Republican presidential candidate Mitt Romney is finding himself in an awkward spot: He’s defending his net worth and at the same time tiresome to keep it private. Republican candidate Mitt Romney. Photo courtesy PR Photos. In an interview Monday nighttime on ABC’s “World News,” attach Diane Sawyer directly questioned Romney if he was too [...]

As China’s economy booms (the number of millionaires increased 31 percent to 1.1 million in 2010, according to Boston Consulting Group), its leaders are looking to the U.S. for guidance on both corporate and individual philanthropy. University of Pennsylvania’s School of Social Policy and Practice hosted a meeting of 22 Chinese government officials to help [...]

Are you plotting to focus more on your waistline or your finances in the new year? A survey by Allianz Life found that while 49 percent of Americans said they were more likely to make and keep a New Year’s resolution tied to diet and implementation, only 43 percent said they’ll keep one that leads [...]

There are many blunders that can come with sudden wealth, but the aftermath of the largest release payout in the Mega Millions jackpot illustrates one of the largest screw-ups lottery winners make: not safeguarding the ticket. It may seem an obvious precaution, but last week a 37-year-ancient woman came forward, claiming to be one of [...]

If you could experience life as a billionaire for one day, what would you most look forward to: the V.I.P treatment, the opportunity to spend as much as you want on luxury, or would you seek opportunities to help others and make a difference? What would you do if you were as rich as Warren [...]