Occupy Asia – there are more millionaires in East Asia than North America

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.

 

Millionaires in Asia Pacific. (source : Quartz)

 

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.

 

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Environmentalist, and wealthy cofounder of Burt’s Bees, fights to create America’s next National Park

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.

 

The uncut storyThe Fight to Create America’s Newest National Park

 

 

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The British Monarchy Is Rich But Gives It All Away

The Queen is one of the richest ladies in England, worth over £7 billion (pounds) from the property she owns.

Yet, due to an Act of Parliament from the 1700s, she gives it all away. Over £200 million every year, in fact, this year it was £230 million.

In return she receives about £40 million, most of which she returns to the State for official functions to include paying staff salaries, maintaining estates, and hosting around 50,000 people every year.

All in all, it means that she donates £2 and 60 pence to every person in the UK.

A pretty cool deal, which makes it all the more strange that most think she is a freeloader. I think the common perception is that she is broke, borrowing money, and wasting taxpayer dollars.

This couldn’t be further from the truth. She even opted to pay taxes on this stipend in 1992.

Can you imagine giving away hundreds of millions of dollars to only get 20% back, and then offer to give even more back through taxes?

You can read the full story on this here, check out the property she owns which makes her so wealthy, or learn about her various stipends.

It helps to remember that back in the day, the king was typically the richest person in the kingdom. Money was the source of his power and required to rule. In fact, the most problematic kings in history were the poor ones, relying on others, in debt, and forced into awkward/bad situations…