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Because of their afunctionality, fixed-gear bikes are status symbols.

Rich people keep buying things that aren’t actually functional to show off their wealth

Opportunity costs, time, and afunctionality are a few of the things creating and maintaining status symbols, according to author Jonah Berger.
In California, the top tax rate is 13%.

The top 15 countries with the most billionaires, ranked

Fifteen countries account for 75% of the world's billionaire population and 79% of the world's billionaire wealth. The US dominates, according to Wealth-X.
London has the fifth highest concentration of billionaires.

The top 15 cities with the most billionaires, ranked

Nearly 30% of the world's billionaire population in 2018 was concentrated in just 15 cities, according to Wealth-X's 2019 Billionaire Census report.
Millionaires have discipline and focus.

A woman who studied 600 millionaires says the same traits helped them get rich — and there are 2 key ways anyone can develop them

Millionaires tend to share the same qualities — but understanding where you are today and building new behaviors can help you develop them, too.
Wealth is all relative, especially when it comes to class.

Nearly half of Americans earning $100,000 or more think they’re middle class — and it shows that class in America isn’t just about m...

While class and wealth are relative, a shrinking middle class, increased living costs, and debt contribute to their differences.
Some six-figure earners think they're working class.

More Americans making $100,000 consider themselves working class than rich, and it shows just how expensive the US has become

Some six-figure earners think they're working class — more than those who think they're rich, according to an INSIDER and Morning Consult survey.
Taylor Swift reportedly has a net worth of more than $300 million.

Taylor Swift just dropped a new single — from bicoastal mansions to lavish vacations, see how she spends her $320 million-plus fortune

Taylor Swift's just dropped a new single and video, titled "ME!" Swift's net worth is reportedly $320 million — see how she spends her fortune.
Many rich millennials own homes in the northeast.

25 of the top ZIP codes where rich millennials are snapping up homes across the US

Where are rich millennials living? Many rich millennials own homes in the northeast, while others own homes out west.
Many rich millennials own homes in the northeast.

25 of the top ZIP codes where rich millennials are snapping up homes across the US

Where are rich millennials living? Many rich millennials own homes in the northeast, while others own homes out west.
The rich are more prepared for retirement than the middle class.

America’s middle class is set apart from the rich by 2 distinct measures of wealth

Middle-class America is shrinking. According to an INSIDER survey, its members have more debt and aren't as well-prepared for retirement as the rich.