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Jason Miller/Getty The San Antonio Spurs coach Gregg Popovich is known for his charitable giving, including work with organizations such as Shoes that Fit and the Innocence Project. On Tuesday, Popovich was speaking about his charitable giving, and succinctly and eloquently summed up his view on the matter. The San Antonio Spurs head coach Gregg […]
Published time: 12 Nov, 2017 05:36 Decades of skyrocketing economic growth have resulted in some Chinese cities having economies as big as many countries. An infographic, made by Visual Capitalist, compares some cities in China, which has a population of 1.4 billion people. The numbers are gross domestic product (GDP) by purchasing power parity (PPP). […]
ALAMY/GETTY Symbols of Moscow’s Communist past are still very visible in the city HIGH LIFE The Swissotel Krasnye Holmy is a striking 34-storey cylindrical tower next to the Moskva River that stands out on the skyline of Moscow’s business district about two miles from the Kremlin. Take in the 360 degree views from the City […]
REUTERS/Carlos Barria China’s newly wealthy families have increased their overseas investments in European properties and technology stocks in the US, according to research by UBS and Campden. Enrico Mattoli, head of global family office in Greater China at UBS Wealth Management, said that family offices in Hong Kong and mainland China were increasingly seeking opportunities […]
Just over a week ago, The Wall Street Journal called the neighborhood where I rent, Venice Beach, California, the toughest place in the United States to build new housing, pointing to it as an extreme example of what is happening in a lot of wealthy urban enclaves. “Apartment developers have stepped up production focused largely […]
Here at Flavorwire, we pride ourselves on not only publishing excellent writing, but also keeping an eye on other great work from around the web. This may be a predominantly arts/culture-centric website, but given the immediate gravity of U.S. politics, we’ve also been focusing this outward-looking post on indispensable political writing, as well as the […]
REUTERS/Carlos Barria Representatives for the Kushner family reportedly asked journalists to leave the room during a presentation they were making to wealthy Chinese investors in Beijing, The Washington Post reported on Saturday. Reporters were initially seated in the back of the ballroom at the Ritz-Carlton, but as the presentation began, The Post said that a […]
Silicon Valley pours its billions into isolated islands of wealth. That’s alienated fellow Americans—and undermined tech’s political clout The post Tech’s Wealthy Enclaves Hurt the Country—and Tech Itself appeared first on WIRED. WIRED
Rick Wilking/Reuters Fashion is but one example of how the American wealthy have been redefining social status through a practice known as countersignaling. Countersignaling is when you go out of your way to show you don’t need to go out of your way. The boss doesn’t have to wear a tie or even dress up. […]
British Prime Minister Theresa May has been accused of doing a ‘sweetheart deal’ with a Conservative council in one of the wealthiest parts of Britain to stop them raising taxes by 15 percent. Labour leader Jeremy Corbyn made the allegation at Prime Minister’s Questions (PMQs) on Wednesday afternoon, where he produced leaked text messages apparently […]
