What Wealthy Donors Care About

From Philanthropy.com:

New Study Sheds Light on What Wealthy Donors Care About; Many Say They Will Support Operating Costs

Interviews with 33 people who give away an average of $1.5-million annually, found that most had built businesses in finance, technology, pharmacology, and other fields. Several said they understood charities’ need for money to pay for overhead and other operating costs and were willing to provide it.

Read the rest here:
http://philanthropy.com/news/updates/index.php?id=5660

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Number of millionaires continues to grow...

$5.00 gas -- it's what's for breakfast. "I don't need your civil war ... It feeds the rich while it buries the poor."

The Wills, Trusts & Estates Prof Blog cites a report cliaming that the number of millionaires continues to grow:

Despite what some people deem a time of economic downturn, it appears that more individuals then ever are being financially successful. Here are some of the key findings from a report issued by Merrill Lynch and the Capgemini Group:

• Over 10 million people are millionaires, the highest number in history.
• Overall combined wealth of the millionaires increased by 9% from the previous year.
• Average wealth, not including homes, exceeded $4 million.
• The countries with the highest rate of growth include India, China, and Brazil.
• The United States still has the highest number of millionaires (one-third of millionaires live in the United States)
• The number of superrich ($30 million or more) also increased by 9%.

For more information, see Candice Choi, World now has 10 million millionaires, report says, CNN.com, June 24, 2008

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Plano named best U.S. city to get rich

But really, who wants to live in a city named Plan O?

The Dallas Business Journal reports that "the best city in which to build vast personal wealth is Plano, according to a recent survey from Salary.com."

Salary.com's "2008 Salary Value Index" surveyed 69 metropolitan areas with more than 250,000 people and ranked the best and worst places to build personal wealth and raise a family. Learn more here:
http://www.bizjournals.com/dallas/mobile/stories/2008/06/30/daily14.html?f=et59&ana=e_du

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