As the city has witnessed an explosion of wealth, day-school tuitions have begun to exceed $30,000 a year, and real estate prices have forced many members of the middle and professional classes out of Manhattan, to say nothing of the Upper East Side.
By Alexander Woollcott The New Yorker, November 18 , 1933P. 38 All Americans think they will come into sudden wealth some day by offering just the right slogan to some corporation.
The chart below shows how much the world's richest would make on their wealth per day in a savings account (at an ordinary rate of 1.9% interest and at an average billionaire rate of 5.3%).
Apple executives do say they will pay taxes on all of A.O.I.'s wealth one day, most likely whenever the U.S. government reforms its tax code to allow for a less costly return of profits to American shores).
So while another person might have been thinking of how to spend his Linkabit wealth that day on the Interstate, Mr. Jacobs was musing about spread spectrum -- a military radio technology with roots reaching back to World War II.
Even as Mr. Madoff's sphere of liberty shrank slightly, new details about his wealth emerged Wednesday.
Still, in a season without a runaway critical and commercial hit, like "Billy Elliot: The Musical" last year, the Tonys spread the wealth on Sunday.
Mayor Michael R. Bloomberg committed $220 million of his personal wealth on Thursday to fighting tobacco around the world, which brings the total he has donated to the cause to more than $600 million.
The teenager who started his empire from a Harvard dorm room and went on to launch the most popular social network in the world surpassed oil tycoons Charles and David Koch, aged 80 and 75 respectively, in terms of wealth on Friday.
KABUL, Afghanistan — President Hamid Karzai, responding to recent allegations that insiders close to him are plundering the nation's mineral wealth, said Sunday that the United States and British governments had given their imprimatur as to how a lucrative oil contract was awarded.
He is Joe Wurzelbacher, an Ohio man looking to buy a plumbing business who came to symbolize the notion of 'spreading the wealth' in Wednesday night's third and final presidential debate.
