Posts tagged money

theredpillnetwork:

Most people can at least identify the wealthiest neighborhoods in their town, but what about the richest person living in their state? You just might have to take a look at a new map made by the real estate trends blog Movoto to figure that out.

“So how did they get to where they are? Are they all self-made entrepreneurs, or were they just lucky? Do they hoard all that wealth, or do they give back?” Chris Kolmar, chief “armchair economist” for Movoto, asked.
The real estate blog found that these elite are a mix of entrepreneurs and those who inherited grand wealth.
“Of the wealthiest in each state, roughly half are founders of companies. Another major path to wealth is inheritance, with the Waltons being the most striking example,” Kolmar wrote, citing the founder of Walmart, Sam Walton, and how a few of his family members are the wealthiest people in their states, including Texas, Wyoming and Arkansas.
Taking it a step further, Movoto also found that higher education doesn’t necessarily equate to more wealth.
“From an undergraduate education to the coveted Ph.D., most members of the list have some sort of college degree. But years spent studying on campus isn’t necessarily a prerequisite to striking it rich. Bill Gates, a college dropout, is the wealthiest of them all,” Kolmar wrote.  ”On the other side of the academic spectrum, Delaware’s Robert Gore holds a Ph.D. but ranks second to last in terms of his net worth.”
Check out Movoto’s blog post to play around with an interactive version of the map and learn more about these well-off people.

An interactive map created by real estate blog Movoto shows just how rich the wealthiest person in each state is, and which states have someone even richer

theredpillnetwork:

Most people can at least identify the wealthiest neighborhoods in their town, but what about the richest person living in their state? You just might have to take a look at a new map made by the real estate trends blog Movoto to figure that out.

“So how did they get to where they are? Are they all self-made entrepreneurs, or were they just lucky? Do they hoard all that wealth, or do they give back?” Chris Kolmar, chief “armchair economist” for Movoto, asked.

The real estate blog found that these elite are a mix of entrepreneurs and those who inherited grand wealth.

“Of the wealthiest in each state, roughly half are founders of companies. Another major path to wealth is inheritance, with the Waltons being the most striking example,” Kolmar wrote, citing the founder of Walmart, Sam Walton, and how a few of his family members are the wealthiest people in their states, including Texas, Wyoming and Arkansas.

Taking it a step further, Movoto also found that higher education doesn’t necessarily equate to more wealth.

“From an undergraduate education to the coveted Ph.D., most members of the list have some sort of college degree. But years spent studying on campus isn’t necessarily a prerequisite to striking it rich. Bill Gates, a college dropout, is the wealthiest of them all,” Kolmar wrote.  ”On the other side of the academic spectrum, Delaware’s Robert Gore holds a Ph.D. but ranks second to last in terms of his net worth.”

Check out Movoto’s blog post to play around with an interactive version of the map and learn more about these well-off people.

An interactive map created by real estate blog Movoto shows just how rich the wealthiest person in each state is, and which states have someone even richer

The numbers shown here include mortgages, although one in three Americans has debt in collections. 

The numbers shown here include mortgages, although one in three Americans has debt in collections

Facebook shares open above $38

This hasn’t happened in the year-plus since the IPO.

Powerball winner Gloria Mackenzie, 84, of Zephyrhills, Fla., will take home $278.2 million after taxes. We’ve got some ideas for how she could spend the dough.

What would you do with the cash?

Highlights from our analysis of CEO pay

  • CEOs scored an 8% pay increase in 2012, taking the median to $9.7 million, for the biggest increase in two years.
  • Of the universe of CEO pay packages we examined, 16 weighed in the mega-payout range of $20 million or more, and an additional 63 surpassed $10 million. 
  • Just three CEOs, Walter Robb and John Mackey, co-CEOs of Whole Foods Market, along with Warren Buffett of Berkshire Hathaway, came in with pay packages of less than $2 million.
  • The biggest payday went to Robert Iger, CEO of Walt Disney. Iger pulled in more than $37 million, including $17.3 million in stock and options awards and a bonus of more than $16 million.

Find the full analysis and CEO pay data here: http://usat.ly/16idF7L

What you could buy with the new Starbucks Metal Card

A new “super premium” Starbucks card costs $450 and is made of metal; only 5,000 will be sold on Gilt.com. Here’s what it could get you:

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(Re-posted from an earlier version.)

While most Americans worry about gas and heating oil prices, water rates have surged in the past dozen years, according to our analysis of 100 municipalities. Prices at least doubled in more than a quarter of the locations and even tripled in a few.

The top graphic here shows the highest increases in water rates across the country, while the bottom graphic compares water cost increases against other utilities.

Find our how your city stacks up: http://usat.ly/V5XWUN

Food (cake?) for thought, on wedding numbers stacking up.

Food (cake?) for thought, on wedding numbers stacking up.