There are now more rich people in East Asia than in North America. Both have around 3 million millionaires and there are 11 million worldwide.
But don’t forget about the little countries. Japan still has three times as many millionaires as China.
And, if the rest of Asia were to unite they would outnumber China too. Perhaps, a strategic partnership could counter-balance the Rising Tiger.
Looking at the rest of the world, North America still has more money and really rich people – more billionaires than anyone lese. Europe is solidly in third place, while the Middle East is tied with Latin America. But only tied in terms of people, not overall wealth. I guess Latin Americans can buy bigger boats than Middle Easterners.
Burt’s Bees cofounder Roxanne Quimby wants to hand the government a new national park in northern Maine—election-year politics and residents’ NIMBYism be damned. Brian Kevin investigates the boldest conservation plan in decades.
Technically, this Idaho-shaped chunk of land, which contains a 30-mile stretch of the International Appalachian Trail, is known as the East Branch Sanctuary. But around Millinocket it’s simply referred to as “Quimby’s land.” The self-made millionaire owns it, along with 119,000 acres of other timber-company lands that she started buying up back in 2000, when Burt’s Bees was raking in about $23 million a year. Her plan was to give the property to the National Park Service, thereby galvanizing other donations that would eventually establish a 3.2-million-acre wilderness in the last great undeveloped region east of the Rockies.
But the campaign stalled out of the gate. Public land is a tough sell in northern Maine, where residents are accustomed to hunting, fishing, snowmobiling, and cutting timber. Many didn’t cotton to the rhetoric of a wealthy environmentalist; others feared that the proposed park would spell the end of the region’s struggling paper mills.
But a dozen years and a few hundred Ban Roxanne bumper stickers later, Quimby is back with more practical ambitions. Last spring she announced plans for a dramatically reduced 74,000-acre Maine Woods National Park just east of Katahdin, carved entirely from her own property. And thanks to better diplomacy and a new emphasis on economic benefit, Quimby is beginning to win hearts and minds.
Philadelphia, the city that gave us Poor Richard, cheese-steak sandwiches and the American Constitution, just opened a new treasure: the Barnes Foundation, one of the premier privately assembled collections of painting in the U.S. with more dreamy Renoirs and searching Cézannes than in the whole of France.
Its arrival in May halfway between the landmark City Hall and Museum of Art on Benjamin Franklin Parkway — Philly’s Champs Élysées — gives visitors a chance to see what was once an almost secret stash of great art.
The catalog is astounding, even apart from Renoirs and Cézannes.
…all previously hard to access, thanks in part to the collection’s former home in Merion, PA, a 45-minute bus ride from downtown. The foundation rarely lent works to other museums, prohibited reproductions and restricted visitation.
Curmudgeonly founder Albert C. Barnes, a medical doctor, chemist and self-made millionaire with a boulder-size chip on his shoulder, once called Philadelphia “a depressing intellectual slum.” He started buying art in the early part of the 20th century and conceived of his collection as an educational institution, not a gathering place for high-society “Sunday” dabblers in art.
It took more than 50 years to give the collection a new home that is open to the public. Not everyone loves it.