Word: megarich
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...deeply saddened by your article on Goldman Sachs [Aug. 31]. Their behavior is disgusting at a time when we ask young men and women to risk and give their lives in Afghanistan, and I am disappointed you published a story that attempts to justify the venal acts of the megarich. The article was little more than a crude whitewash for the CEO of Goldman Sachs, whose remuneration is so out of touch with the reality of everyday young people, especially those who lost their jobs in a recession that was brought about by the deeds of big banks...
...still this romantic idea that artists have to be poor." Not anymore: prices have risen as much as 1,000%, and top works can command up to $200,000. Ayyam Gallery is expanding to Dubai and Beirut and has an exhibition in New York City. Many buyers aren't megarich Saudi oil princes but wealthy Syrians with newfound avant-garde tastes and an eagerness to promote their culture. "People like to say our culture is thousands of years old, but as a country, we're just about 50 years old," says Samawi. "We've had our trials and errors...
Among its competitors, Van Cleef is considered the couture house, and Thierry Gautier is the gatekeeper of sales. Gautier thinks of himself as the clients' best advocate and has the patience to deal with the demands of the megarich. He once canceled his New Year's Eve party because of a sudden request from St. Bart's. Then there are the unusual orders: the Parisian who wanted a diamond necklace for her cat and the husband who asked that a bracelet be sealed in a chocolate Easter...
Santa Fe, N.M., has its share of hangouts for the megarich. The Guadalajara Grill, a strip-mall cafe decorated with balloons in the shape of beer bottles, isn't one of them. But places like that are part of the territory if your husband is running for President. That is how Teresa Heinz Kerry, conservatively estimated to be worth $500 million or so, happened to find herself there last Friday afternoon, inhaling the heavy aroma of frying tortillas and trying to persuade a mixed group of 30 Democrats, including some undecideds and former Deanites, to vote for her husband. Nearly...
...Democratic campaigns can boast matching funds from megarich financier George Soros, feisty speeches by Al Gore and a make-your-own-campaign-commercial contest conceived by pop star Moby. These are the trophies of MoveOn.org an activist website with just seven staff members and no office. What it does have is an e-mail list with 1.8 million members, who have little more in common than anger and a tilt to the left...