The Question Is, What Is A Dollar Worth To You

No really what is the value of a dollar.

Billionaire Wishes He Was Billionaire-er

Forbes's popular billionaires issue is out and Prince Alwaleed Bin Talal Alsaud is number 26 on the list—but he'd really, really like to have a higher ranking.

Oh, to Be the Owner of This ATM Receipt

I went to a Duane Reade near the East Village to withdraw $40 and found this ATM receipt stuck in the machine.

Romney Makes All Our Other Presidents Look Poor

Mitt Romney—how rich is he, really? The answer to that question can be found in these three graphs comparing his wealth to that of our last five presidents (you know, just normal middle-class dudes). No comparison, would be how to describe the graphs in two words. Insane, would be how to describe them in one. LOLOLOLOL, would be how to describe them on the internet.

If You Only Read One 10-page New Yorker Profile Of A Country’s Richest Woman Today…

Let it be this one about Australian mining billionaire Gina Rinehart.

Is she an heiress? Inarguably. And yet she has, by hard work and guile and historic luck, multiplied the value of the business she inherited several hundred times over. The “h”-word seems to be partly a gender thing. The male scions of Australian family fortunes, such as Lachlan Murdoch (the eldest son of Rupert), are not routinely described in the press as heirs. Rinehart is the only woman among the rough lot riding the mining boom at tycoon level, and none of the others probably have to read much in the papers about how they really should be able to afford a hairdresser or a personal trainer.

Oh but there is so, so much more.

A Daily Ranking of the Rich

I could spend hours reading through this thing, but I'm going to pull myself away from it because I'm never going to become a billionaire if I spend all of my time in this k-hole.

Rich Getting Richer

In recent income inequality news, the top 1 percent of owners have received 93 percent of income growth in 2010, and Fed chairman Ben Bernanke has acknowledged that low interest rates are affecting savers right now, but we’ll all benefit as the economy strengthens. That doesn’t make me feel any less bad about the tiny interest rates I’m seeing in my ING account right now.

Offshore Accounts 101

How Swiss bank and offshore accounts work for tax evasion—and also how you get caught. (“He visited his clients in the U.S., delivering cash from their undeclared accounts or taking cash back to deposit in Switzerland, court records show.”)

The Billionaires of India

The Financial Times examined some of India's newest richest people (men), and found that as India's economy rapidly grew in the last decade, the wealth began corrupting people (surprise!).

Skin in the Game

Something for the weekend: The American Conservative's Mike Lofgren, who served 16 years on the Republican staff of the House and Senate Budget Committees, has a piece looking at how America's super-rich has essentially escaped from society and the needs of our country.