millionaire

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Report: Record Number of US Millionaires Seek 'Escape Plan'

But US remains a top destination for wealthy migrants

(Newser) - Henley & Partners is a company that specializes in helping wealthy people move to different countries—and business is booming. A company report says 120,000 high-net-worth individuals changed countries in 2023, up from 51,000 a decade earlier, Quartz reports. The company, which defines a high-net-worth person as somebody...

50-Somethings in America Are Reaching a 'Mythical Status'

Per 'USA Today,' average US household of 50-somethings are now millionaires

(Newser) - Last fall, Fortune made the somewhat surprising revelation that, per the Federal Reserve, the average American household is made up of millionaires. Specifically, the Fed's consumer finance survey noted that, adjusting for inflation, the mean net worth of US households was $1.06 million—a big jump from the...

He Lived a Quiet Life in a NH Trailer, Also Had a $4M Secret

Geoffrey Holt leaves it all to small town of Hinsdale after his death

(Newser) - Geoffrey Holt was unassuming as the caretaker of a mobile home park in Hinsdale, New Hampshire, where he lived a simple but curious life. Residents would see Holt around town in threadbare clothes—riding his lawn mower, headed to the convenience store, parked along the main road reading a newspaper....

Millionaires Feel Like They're Just Middle Class These Days

Only 8% of those with at least $1M consider themselves wealthy, per new survey

(Newser) - A million dollars just doesn't stretch the way it used to. So say all the millionaires who now place themselves squarely in the "middle class" category, according to a new poll from Ameriprise Financial. In the survey of more than 3,000 US adults, nearly 600 were found...

Persistent Millionaire Takes Tough Test 27 Times, to No Avail

Since first test in '83, he hasn't seen a satisfactory score on China's grueling college-entrance exam

(Newser) - Whether it's stress, lack of knowledge, or freezing in the moment, Liang Shi has not been able to achieve a satisfactory score on the gaokao, China's grueling college-entrance exam. It's not for lack of trying: The 56-year-old millionaire has taken the test more than two dozen times...

'Speed Freak' Dies When Car Flips in Harrowing Accident

Zef Eisenberg was only 47

(Newser) - A man who liked driving at incredibly fast speeds died Thursday while trying to set the British land speed record, the BBC reports. Zef Eisenberg, the millionaire founder of a sports nutrition company, was killed in York, England, when his Porsche 911 Turbo S went off the runway at Elvington...

Cops on Tycoon's Missing Wife: 'Clearly Planned Deception'

Norway's Tom Hagen arrested on suspicion of murdering spouse, who vanished in 2018

(Newser) - One of Norway’s wealthiest men was arrested Tuesday in connection with his wife's 2018 disappearance and held on suspicion of murder or complicity to murder in a case that police had earlier thought was a kidnapping. Tom Hagen, a real estate investor and owner of an electric company,...

'One of Canada's Most Gruesome Killings' Ends in Surprise Verdict

Zhao Li escapes murder ruling, found guilty of manslaughter instead

(Newser) - A two-year-plus trial that drew much media attention has ended in Canada, with a verdict that's shocked many. On Tuesday, a judge on British Columbia's Supreme Court found 59-year-old Zhao Li guilty not of murder, but of manslaughter for killing and dismembering his millionaire cousin, 41-year-old Gang Yuan,...

Multimillionaire Invites 10 People to Come Live in 'Paradise'

Karl Reipen places ad regarding his New Zealand estate

(Newser) - Looking to permanently while away your days overlooking the Tasman Sea and sipping on vino while watching "nice animals" with other "nice people"? Karl Reipen wants to hear from you. The Guardian reports the German multimillionaire has placed an ad seeking 10 people up to age 70...

Millionaire Accused of Killing Lawyer a Week After Judgment

David Jungerman's $33M in assets are now under care of a Kansas City police commissioner

(Newser) - Millionaire David Jungerman should be enjoying his golden years. Instead, his assets are now under the control of police in Kansas City, who've charged him with murder. It's something of a tale: Per the Kansas City Star , the 80-year-old is accused of shooting and killing attorney Tom Pickert...

Wealthy Oil Heir Is Homeless in Florida
Homeless Florida Man
Is Wealthy Oil Heir
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Dec 24, 2016 4:18 PM CST

Homeless Florida Man Is Wealthy Oil Heir

William Tavoulareas arrested for stealing parking device

(Newser) - William Tavoulareas is a multimillionaire oil heir—but he's homeless and, to the chagrin of his relatives, apparently wants to stay that way. The 56-year-old Palm Beach man's story captured attention after he was arrested for allegedly stealing a parking boot last week. The Palm Beach Daily News...

'Angry Mistress' Sends Millionaire's Wife Nasty Tweet

Katherine Nelson claims she had affair with high-flying philanthropist

(Newser) - A woman who claims she was a millionaire's mistress has slapped him with a lawsuit and sent his wife a nasty little tweet, the New York Post reports via CNBC . Katherine Nelson (described by the Post as "blonde" and "pillow-lipped") is suing 72-year-old Robert Rosenkranz, a...

Teacher Wins $1M on Wheel of Fortune

Sarah Manchester is show's third big winner

(Newser) - The puzzle itself was a pretty easy solve—"loud laughter," with most of the letters in place beforehand—but the payday for math teacher Sarah Manchester of Maryland was spectacular: She won the $1 million Wheel of Fortune prize, only the third person to do so, reports WJLA-TV...

Matchmaker Hunting for Millionaire's Soul Mate

Women in California's Bay Area, he's looking at you

(Newser) - Attention, short, white, Jewish or Buddhist women in the Bay Area of California: Your Prince Charming is calling. Or not calling so much as hiring a national matchmaker to find his soul mate, reports SFist.com . The anonymous gent—early 50s, "generously philanthropic, well educated, a wine lover ..."...

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