Posts Tagged: The Riches
9

Your Selfie Realization

Perhaps you are on your way to the gym, listening to some hip-pop anthem to get the blood going. You think: yeah, that sounds good. "We are gonna run this town tonight." "I do want that cake cake cake cake."

There is a slight slippage of ego as you meld with the persona in the song—staring into the mirror to find you are mouthing out a rogue, “Westside!,” or whispering with a little too much conviction: "I am a god." A glittery EDM beat comes in, lifting you up, rollercoaster style, to the bridge of the track, where, adrenaline spiking, you become your true self—which is to say, [...]

60

The 1% Fires Back! "I Am a Fat Cat, I’m Not Ashamed"!

Well, here you go. What to even quote? Let's try this! Asked if he were willing to pay more taxes in a Nov. 30 interview with Bloomberg Television, Blackstone Group LP CEO Stephen Schwarzman spoke about lower-income U.S. families who pay no income tax. “You have to have skin in the game,” said Schwarzman, 64. “I’m not saying how much people should do. But we should all be part of the system.”

It's an incredibly hot defensive mess up in there.

1

We Golf Econo

I.

Golf does not immediately reveal its econo aspect, particularly to the uninitiated. At first glance, it appears anti-econo, a game of privilege and exclusivity, intent on performing and re-performing its superiority and the artifice of its traditions. This, at least, is true at the upper levels of the game’s ruling class, where sponsorship decisions are made and the checks come with seven or eight zeroes. Self-seriousness in golf is not so much an affect as the engine of what goes on. Jim Nantz talking about the azaleas in April, with faux profundity and a gallery full of graying white men with hairless vertically-dominant calves that somehow still taper [...]

1

Your Farmville Virtual Dollars Will Sort of Go To Charity

It's not easy to feel bad about Mark Zuckerberg when he's joined 56 other super-rich rich people in pledging at least half his (potential, not currently existing, only on paper) billions to charity rather than to any heirs. This puts him in the odd company of Sandy Weill and… Michael Milken. I've forgotten all about that movie where he comes off like a schnook!

8

"'I fear for New York City if Mr. de Blasio gets elected,' said Muffie Potter Aston."

"He just wants to tax everyone to smithereens." (Also: "I would love to support a fourth term for Mike Bloomberg. So if we can float that, you can say Muffie Potter Aston wants a fourth term for Michael Bloomberg.")

12

Haven on Earth: How Far Rich Folk (Like Mike Bloomberg) Will Go To Avoid Taxes

Mike Bloomberg is an extremely generous rich man. Arianna Huffington dubbed him one of her "Game Changers" in giving, so you know it must be serious. With his $1 salary and relentless check-writing, the NYC Mayor is practically the Platonic ideal of a charitable tycoon: our Philanthropist-King.

All that benevolence looked pretty petty, however, when news broke that his charity invested so as to keep tax payments out of the U.S. The New York Observer unearthed the documents that show how the Bloomberg Family Foundation's money management team shuffled nearly $300 million into far-flung tax havens. The reporters smartly cull up a sarcastic quip from then-candidate Obama, pledging [...]