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theatlantic:

Where the Global 1% Live Now

There are now 63,000 households worldwide with $100 million or more in assets, up 29 percent since 2006 and projected to rise even higher in the future. The top ten current preferred locations for the ultra-rich are:
London
New York
Hong Kong
Paris
Singapore
Miami
Geneva
Shanghai
Beijing
Berlin
The report also asked respondents to predict the most important cities in 10 years. The projected key cities of 2022 include:
London
New York
Beijing
Shanghai
Singapore
Hong Kong
Paris
São Paulo
Geneva
Berlin
What’s behind these rankings? According to the report, the ultra-rich value cities that offer “personal safety and security” most, followed by “economic openness” and “social stability” which top “luxury housing” and “excellent educational opportunities.” […] But the rise of global superstar cities also has a dark side.
Read more. [Image: Shutterstock]

theatlantic:

Where the Global 1% Live Now

There are now 63,000 households worldwide with $100 million or more in assets, up 29 percent since 2006 and projected to rise even higher in the future. The top ten current preferred locations for the ultra-rich are:

  1. London
  2. New York
  3. Hong Kong
  4. Paris
  5. Singapore
  6. Miami
  7. Geneva
  8. Shanghai
  9. Beijing
  10. Berlin

The report also asked respondents to predict the most important cities in 10 years. The projected key cities of 2022 include:

  1. London
  2. New York
  3. Beijing
  4. Shanghai
  5. Singapore
  6. Hong Kong
  7. Paris
  8. São Paulo
  9. Geneva
  10. Berlin

What’s behind these rankings? According to the report, the ultra-rich value cities that offer “personal safety and security” most, followed by “economic openness” and “social stability” which top “luxury housing” and “excellent educational opportunities.” […] But the rise of global superstar cities also has a dark side.

Read more. [Image: Shutterstock]

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The Great Indian Divide
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Rich vs Poor

Two poor, down-on-their-luck people are talking.

One says to the other, “I hate the goddam rich.”

The other one says, “I don’t.”

The first one asks, “Why not?”

And the second one replies, “No poor man ever offered me a job.”

Tags: rich poor job
Link

Gallup surveyed people in more than 100 countries in 2009 and found that religiosity was highly correlated to poverty. Richer countries in general are less religious.

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"No matter how rich you become, how famous or powerful, when you die the size of your funeral will still pretty much depend on the weather."

— Michael Pritchard

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"If you build it for the poor, the rich can come. If you build it for the rich, the poor can’t come."

C.K. Prahalad

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"In a poor country, a man proves to his wife that he loves her by giving her a rose, but in a rich country, he must give a dozen roses."

— Economist Richard Layard

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"Poor people have I.Q.’s significantly lower than those of rich people, and the awkward conventional wisdom has been that this is in large part a function of genetics."

Op-Ed Columnist - How to Raise Our I.Q. - NYTimes.com