Rise of the Super-Rich Hits a Sobering Wall

The rich, as a group, are no longer getting richer. Over the last two years, they have become poorer. And many may not return to their old levels of wealth and income anytime soon.

Full-text article by David Leonhardt and Geraldine Fabrikant is available via The New York Times, 8.20.09.

Americans' Wealth Drops $1.3 Trillion

Fed report shows a decline of home values and the stock market cut the nation's wealth to $50.4 trillion.

Full-text article by Tami Luhby is available via CNN.com, 6.11.09.

Lost Wealth Means Big Changes For Charities

The global economy may be close to rebounding, but the $11 billion of wealth that dissolved in 2008 will have long-lasting effects on all types of charitable organizations, speakers at the Boston College Center on Wealth and Philanthropy Conference said Tuesday.

Full-text blog post by Shelly Banjo is available via The Wall Street Journal, 6.9.09.

Foundation Study Finds Billions in Charity Potential in San Diego

Officials with San Diego County's largest charitable foundation say a recent study of wealth, incomes and population trends makes them optimistic about soliciting donations from residents throughout the region.

Full-text article by Chris Bagley is available via The North County Times, 5.27.09.

Obama Sticks to Charitable-Deduction Limits in New Budget Proposals

President Obama plans to stick to his proposal to cap the federal tax breaks wealthy people can get for itemized deductions, including charitable donations, when he submits the final piece of his budget plans on Monday, Peter Orszag, the White House budget director, confirmed.

Full-text article by Suzanne Perry is available via The Chronicle of Philanthropy, 5.9.09.

Wealthy People Still Seeing Incomes Soar

Even as the majority of the population struggles to maintain a middle-class lifestyle, the rich are getting a lot richer, and their ranks are multiplying.

Full-text article by Katherine Yung is available via the Detroit Free Press, 10.12.08.

America's Richest Counties

Forbes recently published a list of America's richest counties based on median household income data from the 2006 census. Fairfax County, Va., Loudoun County, Va., and Howard County, Md., top the list.

Full-text article by Matt Woolsey is available via Forbes.com, 1.22.08.

Immigrants in the United States, 2007

The nation’s immigrant population (legal and illegal) reached a record of 37.9 million in 2007. Immigrants account for one in eight U.S. residents, the highest level in 80 years. In 1970 it was one in 21; in 1980 it was one in 16; and in 1990 it was one in 13. The largest increases in immigrants were in California, Florida, Texas, New Jersey, Illinois, Arizona, Virginia, Maryland, Washington, Georgia, North Carolina, and Pennsylvania.

Immigrants in the United States, 2007: A Profile of America's Foreign Born Population provides a detailed picture of the number and socio-economic status of the nation’s immigrant or foreign-born population, both legal and illegal. The data was collected by the Census Bureau in March 2007.

Wealth Report: Mukesh Ambani Becomes World's Richest Man

India's Mukesh Ambani, Chairman of Reliance Industries Limited, has become the world's richest man.

Read this 10.29.07 article about Mr. Ambani and view a list of the five richest people in the world on the Stock Market Views website.