Today's Five Best Columns
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Apr 21, 2014 11:51AM ET
Napster founder Sean Parker has decided to get involved in politics, so, according to Politico, he's hiring people to guide donations to candidates. Bad idea, Sean. When you're rich, you can let the politicians come to you.
Apr 14, 2014 9:30AM ET
No group of Americans is less happy about the taxes they pay than the wealthy, The Wall Street Journal reports, glossing over the fact that they are paying more in taxes in large part because they are seeing most of the increase in incomes.
Mar 18, 2014 6:25PM ET
The share of income held by the richest people in 34 countries has grown sharply since 2010. At the same time, poor families in those countries are less able to buy food. Welcome to 2014!
Feb 21, 2014 10:02AM ET
Exxon CEO Rex Tillerson, who bought his house with money made from oil drilling and fracking, filed a lawsuit and petitioned his Texas town council to block a water tower that would be used for fracking.
Feb 18, 2014 12:22PM ET
In an excerpt from his new book Young Money, New York writer Kevin Roose goes inside a meeting of Kappa Beta Phi, “the secret Wall Street fraternity” that's home to the richest men in America, and shows just how bonkers the world of the one-percent really is.
Feb 18, 2014 10:41AM ET
The owners of expensive beach houses are petitioning FEMA to cut them a break on flood insurance costs. Meaning that the long-unbalanced system is only getting more uneven, and taxpayers will be on the hook.
Feb 14, 2014 9:45AM ET
In an interview Thursday night, venture capitalist Tom Perkins said many things about the one percent that you'll be mad about, because Tom Perkins is now just trolling you.
Jan 27, 2014 3:05PM ET
The agenda more favored by Republicans seems to control the debate in Washington, probably not coincidentally because wealthy Americans are promoting it.
Jan 2, 2014 12:46PM ET
The combined net worth of the richest people in the world climbed $524 billion in 2013 — an amount far more than you will ever see in your entire life. Allow us to do the math for you.
Sep 13, 2013 11:31AM ET
The failure of Lehman Brothers on September 15, 2008, is a nice benchmark for the start of the Great Recession. How has America responded since? Here are three (well, three-plus) charts that answer that question.
Aug 13, 2013 9:50AM ET
Researchers at the University of California at Berkeley have discovered that people in high-end cars are more likely to pull some of the most irritating driving maneuvers on the road and generally behave like jerks.
Apr 10, 2013 10:19AM ET
What is the gift you can give to someone who has everything, including insomnia? The gift of sleep, of course. But it won't be cheap.
Feb 7, 2013 9:49AM ET
Al Cardenas on creating an immigrant-friendly GOP, Ezra Klein on disingenuous GOP rebranding, Daniel Gross on the new Interior Secretary, Adam Davidson on money buying happiness, and Bryan Appleyard on the world's entitled elites.
Dec 27, 2012 8:55AM ET
After collecting the largest paycheck of any American CEO, Cook 2012's salary topped out at just $4.2 million in Apple's first year without Steve Jobs — still not exactly the Jobsian dollar-a-year policy, especially since it's more than it seems.
Oct 16, 2012 3:31PM ET
Being rich is full of horrible, unbearable contradictions. At least that's the takeaway from this Quora thread in which a user complains of being torn apart by his crippling $20 million net worth.
Jul 22, 2012 6:21PM ET
A new study estimates that the "global super-rich elite" are hiding at least $21 trillion in tax havens like the Cayman Islands. And that number is just cash, like real dollars, and doesn't account for real estate or property that would bolster a rich person's net worth.
Apr 5, 2012 1:54PM ET
The nerds of Silicon Valley are all upset that these rich kids are taking over the industry that wants to be known for rewarding smarts and hard work over old money and connections.
Mar 26, 2012 2:03PM ET
Adding to the dichotomy between the one and 99 percent, we learn that the country's very rich don't use social media like the rest of us.
Feb 29, 2012 9:41AM ET
If one thing is clear about rich people, it's not that their lives are any easier than the rest of ours. In fact, if anything, it's hard to have money.
Jan 4, 2012 6:49PM ET
Data nerds will love the latest Grub Street exploration of the economics of gastronomy -- "gastronomics," if you will -- that provides a fascinating portrait of where New York City's 1 percent prefers to dine.
Jan 4, 2012 2:04PM ET
Americans Occupiers in Zuccotti Park made famous phrases like "the 1 percent" to protest wealth disparity within the U.S. -- but the rest of the world can throw that term right back at us.
Jan 3, 2012 7:46AM ET
John Hammergren, the CEO of health-care giant McKesson Corp., made $46 million last year thanks to one of the most generous executive pay packages in his, or any other business.
Dec 21, 2011 2:32PM ET
Bloomberg Businessweek is getting a lot mileage out of its recent report on what the 1 Percent -- it mostly quotes just the millionaires and billionaires -- is saying about the protesters standing up for the interests of the 99 Percent.
Dec 14, 2011 6:45PM ET
While the Time's Person of the Year has been distracted protesting the financial industry, the salaries of healthcare CEOs have been skyrocketing.
Nov 17, 2011 1:37PM ET
Nepotism and wealth go together according to a study published in the Journal of Labor Economics.