Surrogacy agencies in both countries say demand has risen rapidly in the last two years.
Rich Chinese couples are hiring American women to serve as surrogates for their children, creating a small but growing business in $120,000 “designer” American babies for China’s elite.
Continue reading… “Wealthy Chinese hire American surrogate mothers to carry ‘designer’ babies”
Job quality is worsening around the globe, even where the unemployment rate is falling.
The “World of Work” annual report has been released by the UN’s International Labor Organization, and boy the results are depressing.
Continue reading… “Wealthy countries are creating more jobs by creating worse jobs”
Study reveals rich people are more likely to cheat or behave badly.
While the poor might seem to have the most reason to cheat and steal, a new study shows that the rich are more likely to be dishonest.
Continue reading… “Rich people more likely to be dishonest: study”
The rich are back to pre-recession-style splurging.
A wider wedge is being driven between the wealthy and everybody else due to high gas prices. The rich are back to pre-recession-style splurging: Saks Fifth Avenue and Nordstrom customers are treating themselves to luxury items like $5,000 Hermes handbags and $700 Jimmy Choo shoes, and they’re paying full price.
Continue reading… “Gas Prices Widening Gap Between Wealthy and Everyone Else”
[youtube]http://www.youtube.com/watch?v=Iqvf0hXFQUg[/youtube]
Julian Assange, the WikiLeaks founder, today pledged to make public the confidential tax details of 2,000 wealthy and prominent individuals, after being passed the data by a Swiss banker who claims the information potentially reveals instances of money-laundering and large-scale illegal tax evasion.
Millionaires and billionaires are spending their fortunes in hopes of winning elected office.
Even as the public’s disdain for politics and politicians rises to historic levels, a new crop of millionaires — and billionaires — is spending freely from their fortunes in hopes of winning elected office.
This 1941 Stearman, worth about $400,000, was repossessed.
The recession isn’t just stripping the middle class of their prize possessions. The wealthy are losing out, too.In the past few weeks, Ken Cage, who specializes in repossessing private planes, says he’s recovered two jets worth a combined $7.1 million.
Continue reading… “Recession Hits Wealthy Too as More Private Planes are Being Repossessed”
The importance of stimulating entrepreneurship has not been lost on Asian nations. Communist Youth League of China will set up a fund to help young people establish their own businesses, as part of efforts to ease employment pressures, particularly among graduates, China.com reported in February.
Continue reading… “Entrepreneurship’s evolution”
In the movie The Day After Tomorrow, survivors stranded in a library are easily persuaded to burn the multi-volume IRS Tax Code to stay warm. In this fictional scenario, the question one might ask before securing a match: Why did we wait until the end of the world?
Continue reading… “Watching The Income Tax System Implode”
A new study has confirmed what many men and advertisers long believed: driving a flashy car really makes a person more attractive to women.
Continue reading… “Driving A Flashy Car Makes Men More Attractive To Women”
Look, these NBS speakers are interesting looking if not beautiful, I’ll hand them that. And I’m sure they sound absolutely spectacular. But $200,000 for a set of speakers? You may have picked a bad time to come out with offensively-overpriced audio equipment, NBS. Continue reading… “$200,000 Speaker Set”
Ever wondered where do millionaires and billionaires of the world network? Many of them may be patronising Facebook and Orkuts of the world, but many others have `exclusive social networks’ that are open strictly by invitation.
Continue reading… “Top 5 Networking Sites for the Mega Rich”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.