Moreover, financial assets now account for a larger share of household wealth, making the wealth effect of a stockmarket crash potentially much larger.
He found his niche two years later when he opened a store in Aspen -- and rode a spectacular wave of nouveau wealth by making custom frames long before anyone else.
And also shown are the events with which Lorenzo's magnificent era ended: Charles VIII's entry into Florence, Savonarola preaching against luxuries in a city that derived so much wealth from making them, and the fundamentalist friar's own execution in the very square in which the Bonfires of the Vanities had been held.
They also know FORBES understands that success is about both wealth creation and making a difference.
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To get back in balance, the developed countries need more people making wealth and less shuffling it around.
"All my political career, and actually before it, we have seen the transfer of wealth and decision making and power from the provinces to London, " he said.
That would encourage the wealthy to distribute their wealth widely, thereby making a hereditary elite less likely.
Take advantage of this wealth of market knowledge before making any important acquisition.
The amount of leverage throughout the economy has magnified the loss of wealth on balances sheets, making this event far bigger than anything we have experienced in the past.
When great wealth is generated instead by making smart buy and sell decisions in the markets, it smacks of inside knowledge, arcane financial instruments, opportunities that aren't accessible to ordinary people, and hocus-pocus.
On the other hand, the Obama administration currently plans to raise dividend and capital gains taxes, which will depress stock prices, making for a negative wealth effect.
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The state is also in charge of national planning, eradication of poverty, and making sure that national wealth is distributed in an even manner among its citizens.
Yet Timur Kuran, a professor at America's Duke University, argues that the inheritance rules in Islamic family law may have slowed development in the past by making it harder to accumulate wealth.
Gary wanted to enjoy being a man of wealth and leisure, but the country was making it none too easy.
BBC: News | NEWSNIGHT | Jonathan Franzen interview transcript
This is why Mr Hollande will start by cutting the retirement age for some workers to 60, putting the top marginal income-tax rate up to 75%, raising taxes on wealth, inheritance and dividends, increasing the minimum wage and making it much harder for employers to fire workers.
For me, family wealth became a blessing when I finally gathered enough focus to begin making a life for myself.
Politicians must report their wealth fully, allowing the voters to draw their own conclusions and making it easier for graft-busters to spot the worst offenders.
In a flat or down market, one of the keys to making money is to invest in companies that are creating wealth and avoid the ones that are heading to bankruptcy.
Entrepreneurs in all these countries who are making their move aren't shy about flaunting their growing wealth.
Sovereign-wealth funds, pension plans, and private-equity players have been making enquiries about industrial real estate in China, attracted by the heady growth in the e-commerce industry, consultants and developers said.
They created wealth for themselves, yes, but also for society as a whole, by making all of us more productive.
Indeed, making communities more resilient by helping to keep a little more of the wealth from energy generation in local hands is the motivation behind this bill.
With the wealth of material coming in daily to TV broadcast archives and prioritization of profit-making activities, it is easy not to see their role in contributing to the preservation of national heritage.
What appears to be happening is that raw material producers like Russia and some of the oil producers in developing countries, are making a quiet but concerted effort to have a bigger share of the wealth which seems constantly to be radiating from the huge US economy.
Finding fresh sources of new capital has become a vexing problem for many banks, mostly because previous investments from foreign sovereign wealth funds in major U.S. banks have lost value since the spring, making many players reluctant to sink more money into them.
But McCann, who joined UBS as head of wealth management in 2009 after his old firm Merrill Lynch was bought by BofA, has been making significant moves to make his smaller army more productive than its competitors.
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