Here’s the wealth distribution among households around your age, with your bracket highlighted: Wealth rank, for TK year olds When we looked at income ranks recently, many people were surprised (and some annoyed) that our calculator told them they were “rich.” Even though their incomes were high, many argued that after paying their mortgage, student loans and child care and other expenses, they had little left over. They have a point. Can you really feel rich if your income, however large, barely covers your expenses? Perhaps wealth (the net total of all your assets minus your liabilities) is a better measure. Wealth can have its have flaws, too, as a measuring stick. Housing costs and other living expenses can vary widely by area. But wealth generally buys security. It can smooth over financial setbacks like a period of unemployment, an expensive car repair or unforeseen medical bills. It can enable you to start a business, pay for an education or put a … [Read more...] about Are You Rich? Where Does Your Net Worth Rank in America?
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BY JIM TURNER NEWS SERVICE OF FLORIDA TALLAHASSEE – Gov. Ron DeSantis’ net worth dropped nearly 9 percent in 2018 as he left Congress and made a successful run for governor. DeSantis reported a net worth of $283,605 as of Dec. 31, down from $310,971 at the end of 2017, according to a new financial disclosure posted Monday on the Florida Commission on Ethics website. State officials faced a Monday deadline to file updated disclosures, which typically detail their finances as of the end of 2018. Sold home DeSantis’ new report included a Ponte Vedra Beach home he sold in March for $460,000, according to St. Johns County property records. DeSantis listed the Ponte Vedra Beach home as worth $450,000 at the end of 2018, up from a $400,000 price-tag he placed on the property a year earlier. DeSantis, who resigned his congressional seat in September after his primary-election victory, reported $116,000 in income last year from the U.S. House, a … [Read more...] about Governor reports dip in net worth
Shahien Nasiripour and Caleb Melby, Bloomberg Published 10:16 am PDT, Wednesday, June 12, 2019 President Trump's higher net worth shows how reliant his wealth has become on Steven Roth, a friend who leads Vornado Realty Trust. President Trump's higher net worth shows how reliant his wealth has become on Steven Roth, a friend who leads Vornado Realty Trust. Photo: Bloomberg Photo By Patrick T. Fallon Photo: Bloomberg Photo By Patrick T. Fallon Image 1 of / 1 Caption Close Image 1 of 1 President Trump's higher net worth shows how reliant his wealth has become on Steven Roth, a friend who leads Vornado Realty Trust. President Trump's higher net worth shows how reliant his wealth has become on Steven Roth, a friend who leads Vornado Realty Trust. … [Read more...] about Trump’s net worth rises to $3 billion despite business setbacks
Culture Movies & TV Celebrity Riverdale and Beverly Hills 90210 star Luke Perry died Monday morning St. Joseph's Hospital in Burbank after suffering a "massive" stroke Wednesday at his Sherman Oaks home. Perry was reportedly sedated to allow his brain "a fighting chance to recover," but the damage was already too extensive, according to a TMZ report. The 52-year-old actor was surrounded by his children Jack and Sophie, fiancé Wendy Madison Bauer, ex-wife Minnie Sharp, mother Ann Bennett, step-father Steve Bennett, brother Tom Perry, sister Amy Coder, and other close family and friends, the report said. The actor's net worth was $10 million, according to Celebrity Net Worth. Perry most recently played Archie's father in the CW's hit teen drama Riverdale; however, he is arguably best known for his role as Dylan McKay in the '90s drama series 90210. He also appeared in '90s films like Buffy the Vampire Slayer, The Fifth … [Read more...] about What Is Luke Perry’s Net Worth? ‘90210’ Star Dies after Stroke at 52
Grant Suneson 24/7 Wall Street Published 7:40 AM EST Feb 13, 2019 While the presidency of the United States is a prestigious job, it does not pay as well as one might think. The annual presidential salary is $400,000. While this is still within the top 1 percent of American earners, it is very little when compared to the typical compensation given to America’s CEOs and executives. However, many men who have occupied the highest office in the land did not need any salary at all. The presidency has long been a position held by men who had already inherited fortunes or earned them during their lifetimes. In America’s early days, only property-owning white men were allowed to vote. Consequently, only the wealthy first participated in American politics, meaning the first presidents were all extremely well off. With time, voting restrictions loosened, campaign finance regulations tightened, and people with more modest backgrounds began to rise to the presidency. Several … [Read more...] about From Donald Trump to George Washington: The net worth of US presidents