It helps everyone else feel way less self-conscious about their perceived financial "shortfalls".
The top 25 richest Americans gained $401 billion from 2014 to 2018, but only paid $13.6 billion—3.4 percent of that—in federal income taxes.
Andi Schmied pretended to be a Hungarian billionaire to tour New York real estate’s most exclusive listings. Her new book documents what she saw.
“It's an outrageous asking price. That's on par—or even more expensive—than oceanfront, prime Malibu. Where? How? Why?"
"You can't just turn up with a new pair of Louboutins without people being like, ‘Oh, where did you get your money from?’”
I've done everything in my power to change her situation, but you can't force someone to make the right decisions.
While regular people stock up on water and canned goods amid Coronavirus worries, members of the 1 percent are preparing more expensive backup plans.
The billionaire's investment portfolio includes millions of shares of companies contributing to the climate crisis.