Read more wealth stories on Newserhttp://www.newser.com/taggrid/814/wealth.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 5:23:00 CSThttp://www.newser.com/story/73508/how-nicolas-cage-really-went-broke.html?utm_source=syn&utm_medium=rss&utm_campaign=tagNicolas Cage’s money woes aren’t all his money manager’s fault. Cage “lived like a sheik,” a friend tells the Daily Beast . “Spent money like it was water.” Here’s a sample of what he spent it on: More than a dozen homes, including a castle in England, an 11th-century estate in...http://www.newser.com/story/73508/how-nicolas-cage-really-went-broke.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 07 Nov 2009 15:46:49 CSThttp://www.newser.com/story/70699/billionaire-bloodbath-costs-americas-super-rich-300b.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAmerica's 400 richest people became a whole lot poorer over the last 12 months, according to the latest Forbes list. Their total wealth fell by a whopping $300 billion to a total $1.27 trillion, with 314 of the 400 experiencing a fall in fortunes. A Forbes editor described the...http://www.newser.com/story/70699/billionaire-bloodbath-costs-americas-super-rich-300b.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 01 Oct 2009 3:24:02 CDThttp://www.newser.com/story/69969/generation-of-rich-brats-sparks-chinese-anger.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPublic outrage aimed at new generation of elites is widening class divisions as China prepares to mark 60 years of Communist rule, the Wall Street Journa l reports. The sons and daughters of those who got rich after the economic reforms of the early '80s are widely seen as being...http://www.newser.com/story/69969/generation-of-rich-brats-sparks-chinese-anger.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 22 Sep 2009 7:03:00 CDThttp://www.newser.com/story/69929/how-to-tell-if-youre-a-wasp.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBeing a WASP is a lot more than being just white, Anglo-Saxon, and Protestant. Author Tad Friend expounds at length on the criteria for true WASP-hood in his upcoming book Cheerful Money: Me, My Family, and the Last Days of WASP Splendor . Vogue offers the highlights: Your refrigerator "contains only...http://www.newser.com/story/69929/how-to-tell-if-youre-a-wasp.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 21 Sep 2009 16:16:37 CDThttp://www.newser.com/story/63657/nyc-prep-paints-sad-picture-of-citys-excess.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPost-crash New York City has become a symbol of spiritual emptiness, writes Vanessa Grigoriadis for New York magazine. NYC Prep is the latest reality show to exploit this symbolism, allowing the rest of America to watch Manhattan’s lost souls—this time, teenagers—pursue decadence and social standing. In the past,...http://www.newser.com/story/63657/nyc-prep-paints-sad-picture-of-citys-excess.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 06 Jul 2009 13:00:30 CDThttp://www.newser.com/story/62763/credit-crisis-snips-ranks-of-super-rich.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWon't somebody think of the poor millionaires? The global financial crisis has hit the world's "super rich" hard and left many of them merely extremely wealthy, the Financial Times reports. The number of "ultra high net worth individuals" with over $30 million to invest shrank by nearly a quarter last...http://www.newser.com/story/62763/credit-crisis-snips-ranks-of-super-rich.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 25 Jun 2009 3:15:00 CDThttp://www.newser.com/story/61148/sd-rancher-i-wont-squander-232m-lotto-win.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSouth Dakotan Neal Wanless has just hit it big—$232 million in lotto winnings—but he promises to be wise and generous with his newfound wealth, reports the Argus Leader . “I want to thank the Lord for giving me this opportunity and blessing me with this great fortune,” the 23-year-old...http://www.newser.com/story/61148/sd-rancher-i-wont-squander-232m-lotto-win.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 06 Jun 2009 10:01:48 CDThttp://www.newser.com/story/57237/uk-billionaires-ranks-halved-in-downturn.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe number of UK billionaires has been almost cut in half by economic woes, from 75 to 43, with the country’s wealthiest having lost a collective $228 billion, the Times of London reports. The hardest-hit was steel magnate Lakshmi Mittal, who remains Britain’s richest man despite having lost some $9...http://www.newser.com/story/57237/uk-billionaires-ranks-halved-in-downturn.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 26 Apr 2009 12:03:00 CDThttp://www.newser.com/story/56696/giving-while-living-philanthropy-dies-in-ireland.html?utm_source=syn&utm_medium=rss&utm_campaign=tagLike the rest of the recession-plagued world, Ireland isn’t as affluent as it used to be, but the country is especially weakened now that declining wealth is denting its burgeoning culture of philanthropy, GlobalPost reports. Three years ago, the Irish were Europe’s second-wealthiest citizens, but bad assets have cost them...http://www.newser.com/story/56696/giving-while-living-philanthropy-dies-in-ireland.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 20 Apr 2009 19:32:18 CDT