Sublime
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In 2008, nineteen of the world’s one hundred richest people were Russians. This statistic is all the more remarkable when you consider that most major fortunes are either inherited or built systematically, over the course of a lifetime. Russia’s oligarchs, on the other hand, became multibillionaires virtually overnight, many while still in their
... See moreJohn Vaillant • The Tiger
1. Patricians
high wealth, low need for status
ex: Loro Piana
2. Parvenus
high wealth, high need
ex: Birkin lawsuit
3. Poseurs
low wealth, high need
ex: dupes, Stanleys
4. Proletarians
low wealth, low need
ex: Carhartt
Danielle Vermeer • Tweet
“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets,”
Robert T. Kiyosaki • Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Heller manages the art collections of six Wall Street money managers, several of whom are billionaires.
Sarah Thornton • Seven Days in the Art World
Middle class people focus on debt.
Myron Golden • From The Trash Man To The Cash Man
Democratization of Wealth
sari and • 58 cards
Since 2015, the richest 1 percent has owned more wealth than the rest of the planet owns.11 • Eight men own the same amount of wealth as do the poorest half of the world. • The incomes of the poorest 10 percent of people increased by less than three dollars a year between 1988 and 2011, while the incomes of the richest 1 percent increased 182 times
... See moreRobin DiAngelo • White Fragility: Why It's So Hard for White People to Talk About Racism
Rather than holding money, investors decide to buy things, such as real estate. Therefore, home prices, commercial real estate, and rental properties are surging in price. This is creating the problem for those living beneath median income. They have not shared in the wealth that has been created, at least not evenly,
George Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
Aujourd’hui, nous sommes dans l’ère de l’information et la personne qui possède les richesses est celle qui obtient les informations les plus opportunes. Le problème est que l’information voyage autour du monde à la vitesse de la lumière. Cette nouvelle richesse ne peut donc pas être contenue au sein de frontières ou de bornes comme pouvaient
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