Tag: wealth

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The Guardian view on Britain’s wealth divide: a gap becomes a chasm

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As much of the nation focused with growing trepidation on “freedom day” last week, an eye-opening report on the unequal economics of Covid went slightly under the radar. Looking at a range of indicators, researchers f...

Britney Spears wealth management firm asks to withdraw from conservatorship

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A wealth management firm that had been tapped as co-conservator of singer Britney Spears’ estate, has asked a Los Angeles court to withdraw from the case after the pop superstar’s testimony that she opposed the arrang...

Wealth secret of the super rich revealed: be born into a rich family

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Self-made billionaires including Jeff Bezos and Elon Musk made huge profits during the Covid-19 pandemic but a new report shows there’s no beating family money when it comes to getting – and staying – really, really r...

Richest 25 Americans reportedly paid ‘true tax rate’ of 3.4% as wealth rocketed

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The 25 richest Americans including Jeff Bezos, Warren Buffett and Elon Musk paid a “true tax rate” of just 3.4% between 2014 and 2018, according to an investigation by ProPublica, despite their collective net worth ri...

German voters’ view of personal wealth causes problems for the left

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It is a country with levels of wealth inequality more similar to the United States than France, and one where the richest 10% of the population already owned two thirds of the national wealth before the pandemic furth...

From Edward VIII to James Dyson: the yacht that tells a tale of British wealth

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In the early years of this century, soon after he began moving production of his bagless vacuum cleaner from Wiltshire to south-east Asia, James Dyson bought a superb yacht. The Nahlin is exemplary in the beauty of it...

On pay and wealth, damaging race inequalities prevail

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The recent Commission on Race and Ethnic Disparities report generated controversy, but little light, which is what failure looks like when your purpose is to shed light on the disadvantages faced by ethnic minorities....