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Posts with tag millionaires

How the Rich Spend Their Money


Having a million dollars isn't what it used to be. In fact, having a million dollars in the bank in today's world only equates to being a "middle-class millionaire." To be truly rich you'll have to clear somewhere around $10 million in the bank, and to be considered "crazy wealthy" those stacks of dough will need to add up to more than $30 million. That is a lot of money.

So what to the rich and the crazy-wealthy of the world do with all that cash? Of course they all have their quirks, but some things are pretty consistent: lavish home improvements (think private massage rooms and relaxing zen gardens), one-of-a-kind jewels and jewelry, obnoxiously fast and expensive vehicles, fashion fashion fashion, lots of traveling to exotic locations, and of course all kinds of conveniences and amenities like concierge services and fine dining.

If you had unlimited funds what would you most look forward to spending it on?

Less Millionaires Being Made?


The economy is going through a rough patch, and as things like real estate and the stock market slow down so, apparently, does the growth rate of the wealthy. There's fewer millionaires in the world than there used to be.

It's not that millionaires are losing their fortunes, but just that the number of new millionaires being made is fewer than it usually is -- new millionaire households in 2007 grew by only 2.2%, which is the slowest growth in years.

Sure that stinks but hey, it could be worse. They could all be going bankrupt.

How to Make a Million (Before You Turn 20!)

The American dream is a little different for everybody but it almost always has something to do with having lots of money and being financially stable. Of those who do have wealth some were born into rich families, some worked like dogs for years and years to build a successful empire, and then others hit it big seemingly by random chance.

This article highlights the successes of 5 people who were millionaires before the age of 20. Whether it was launching an online website for high school friends, selling greeting cards to friends and family, or cooking jams in the kitchen, these kids all did something seriously right.

Hm, needless to say I'm just a tad past my 20th birthday and I don't have any good business ideas. Guess I'll just have to stick to the lottery tickets!

Where to Find Millionaire Love Online


Attention gold diggers! Just kidding. Whatever your reasons are for looking for a millionaire love match (hey, we all have our dreams) you've probably realized with the rest of society that meeting quality people to date isn't easy, wealthy ones especially. Dating online is becoming more and more common for people of all walks, millionaires included. Sites like MillionaireMatch.com, SugarDaddy.com , and DateAMillionaire.com are some examples of what online dating services are out there, plus if looks aren't a priority there's also the hilarious Marry-An-Ugly-Millionaire-Online-Dating-Agency.com.

And, if you're not looking to be quite that obvious, according to Forbes sites like True.com and PlentyofFish.com are also good places to find dates with deep pockets.

Gallery: Where to Find Millionaire Love Online

Millionaire MatchMarry An Ugly Millionaire Online Dating AgencyDate A MillionaireSugardaddie.comPlenty of Fish

The World's Most Frugal Billionaires

If you were a billionaire what would you spend your money on? Most people have this vision that all billionaires spend like crazy on lavish amounts of bling gilded in gold, diamond-encrusted gadgets, expensive designer handbags, ridiculously huge homes, and private jets. Some of these things are pretty standard among the rich, but some other things aren't that may surprise you. There are a handful of billionaires in the world that are very choosy with where they indulge -- for example although they may have a few fast cars they may also be cutting their own hair.

One of the biggest and most frugal billionaires of them all: Warren Buffet. He still lives in the same home he bought back in 1958 for $31,500 and he drives a modest (considering) 2006 Cadillac DTS. For more of the most frugal billionaires see Forbes' complete list.


Via Trendhunter

What Do Billionaires Want For Christmas?


What does a billionaire want for Christmas? And what does he or she buy for billionaire friends and family? Obviously anybody with that much money already has pretty much everything that can be bought with said money, so it should be no surprise that on the top of the list is one of the few things that can't: time spent with family. Yacht charters, ski trips, and other family vacations are some of the hottest items this holiday season, but other popular gifts for the uber-wealthy include commissioned biographies and personalized gifts to unique or meaningful charities.

And of course there's always that guy who wants the NM Gem Triton 1000 Submarine for $1,440,000. Go figure.

50 Millionaire "Must Haves"


Holy moly (sorry, just had to say it), this is one big list full of some big fun stuff. If you were a millionaire, what things would you definitely have? According to the Daily Mail, you'd have these 50 things at least. There's a complete "life" full of things on the list -- they hit everything from clothing to kitchen gadgets to transportation to edibles. Any of them you think absolutely don't belong? If I was going to kick something off it would be the AGA Oven, if only because it's so ugly.

Interestingly enough though, as Deidre pointed out, the list is missing one key item: a home to put it all in!

Visit our below gallery for more images from the list.

Gallery: Millionaire Must-Haves

Vespa GTS250 ScooterLongmire Stirrup CufflinksEames Lounge Chair + OttomanKilgour Bespoke SuitPartagas Reserva Serie D No. 4 Cigars



Where the Millionaires Live

Want to marry a millionaire? Or, if you are already one, find some other millionaires to hang out with? Move to Los Alamos, New Mexico, where one in five households claims millionaire status, making the town the area with the highest concentration of millionaires in the country, according to a study in Kiplinger's Personal Finance. Many residents in Los Alamos work at the Los Alamos National Laboratory, where, as one would expect, salaries for nuclear researchers aren't too shabby. Coming in behind Los Alamos is Naples/Marco Island, Florida, as well as the Bridgeport/Stamford/Norwalk, Connecticut region.


[Photo image via Sidecanyon.com]

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