Learn how to take your textile invention from idea to reality.

Last year, I launched the Wealth Report predicting that 2007 would be the year of living large:
From fine art and collectibles to Palm Beach mansions and yachts, high-end baubles will continue to proliferate in 2007. Look for new price records to be set for art (a $150 million painting?) and real estate (a $100 […]

A man’s response to an insurance company request:
I am writing in response to your request for additional information. In block number three of the accident reporting form, I put “poor planning” as the cause of my accident. You said in your letter that I should expain more. I trust that the following […]

According to Giving USA, charity remains a middle-class and upper-middle-class phenomenon. The group says so-called mega-gifts by the rich — such as Warren Buffett’s multi-billion-dollar bequest — accounted for just 1.3 percent of total giving in 2006.
Yet many local charities tell me they’re seeing a new split in the world of giving — the rich […]

What is an entrepreneur?
An individual engaged in the process of starting and growing one’s own business or idea. 
Dozens of definitions exist; but in the end, this one seems to best fit the research and findings on the issue.  Success in entrepreneurship requires not only knowledge, but practice and skill in the process of doing. 
Findings on […]

Consultants, business coaches and even seminars can nip problems in the bud.

Teaching kids how to be financially competent is tough for any parent — but it’s tougher for the wealthy.
When their kids want something, rich parents can’t simply say “we can’t afford it” — particularly not if they live in a 20,000 square-foot home and fly private for the holidays. Encouraging kids to delay gratification is […]

Marrying for money is a repulsive idea. We should marry for love. We should search for our soul mate. Or at least that’s what the movies tell us.
The reality is a bit more complicated. The explosion in the number of millionaires and billionaires over the past decade has provided unprecedented opportunities for gold-digging, and brought […]

Wealth may be spreading across the country, but the coasts remain the real source of riches — especially California. Between the Google millionaires, real-estate tycoons, entertainment moguls, celebrities and oddball entrepreneurs, the left-coast rich are on a tear.
According to an analysis of the wealthiest ZIP Codes by John Gittelsohn of the Orange County Register, Atherton […]

It’s been a wild year for the fictional rich, too.
This year’s edition of the Forbes Fictional 15 — a list of filthy-rich cartoon, book, TV and movie characters — is jam-packed with tales of great fortunes won and lost. For instance, the richest character on the planet today is a duck. As in Scrooge McDuck, […]