Wealthy


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Wealthy

Describing a person or entity with strong financial resources. There is no strict definition of how much one needs to have in order to be "wealthy," but, in general, it refers to one with more money or assets relative to others in a society. The wealthy drive economic growth. Some believe this ought to be encouraged, as it eventually makes the remainder of society wealthier; others, however, believe growth is strongest when the needs of multiple classes are balanced. A few others believe wealthy persons ought to have most of their resources confiscated and redistributed, but this is a minority opinion.
References in periodicals archive ?
A lot of wealthy people came as tourists and then decided to retire here.
In terms of the total market, the wealthy are likely to have grown in number by approximately 14% in 2010.
A new survey by UBS Wealth Management Americas finds that this work-leaving anxiety is largely unfounded, with most wealthy retirees happier than they have ever been.
While people in the UK tended to see themselves as wealthy if they earned at least PS370,000, in France people needed to earn around PS310,000 to feel wealthy and in Switzerland they needed PS208,000, the research found.
Only one in 50 (2%) people across the UK feel they are wealthy - and 59% of people who identify themselves as such are men, according to the research from Lloyds Bank.
For the wealthy I think frankly it is going to go up and, you know what, it really should go up," the presumptive Republican presidential nominee told NBC's "Meet the Press.
The list also uncovers another interesting trend: Cities that are hubs for the tech or financial industries, and those that are suburbs of other, larger urban centers, are where most of these wealthy millennials reside.
The author has organized the contents of the book in ten sections devoted to the inclinations of the wealthy, searching for affluent customers, the value of research in selling and marketing to the wealthy, marketing to the affluent, the high-pressure environment of selling to the wealthy, building repeat and referral business with a wealthy clientele, and dealing with difficult affluent customers.
Economic inequality is a hot topic right now, and many people go as far as accusing the wealthy of having some sort of unfair advantage.
Birmingham isn't wealthy YOUR story '84,000 children living in poverty' describes Birmingham as a wealthy city.
America's millionaires feel conlifcted by the nation's wealth gap and most support hiking taxes on the wealthy and raising the minimum wage.
Only 34% of wealthy LGBT investors feel their primary financial advisor understands the unique situations of the LGBT community.