Several on Forbes’ ‘Richest’ According to a computer search by the state Taxation Department, the 270 residents each had an adjusted gross income of at least $1 million in 1998, based on the tax forms they filed last year. They represent about 0.02 percent of the 1,108,229 residents recorded in the 1990 U.S. Census, the last official state population count. Taxation officials normally don't tally millionaires, nor does the Internal Revenue Service or other federal agencies. The IRS keeps state-by-state statistics on residents who make $200,000 or more. On the other hand, Forbes magazine keeps a close watch, and has listed six different Hawaii individuals or families among America's richest since 1994. Barbara Cox Anthony, with a net worth of $9.7 billion, was ranked No. 15 last year on "The Forbes Four Hundred" list of the richest Americans.
How do the millionaires in Hawaii spend their money? Carefully, said John Bagwell of JWB Annuity Brokerage Inc. "Most of the Hawaii millionaires I have done business with are frugal," Bagwell said. Some clients "live below their means," and that's why they have millions, he said. They're also cautious investors. "Most, I've noticed, are much more conservative than people might presume, more than the crowd in the upper-middle class. They tend to be more aggressive by trying to reach a specific goal to become a millionaire," he said. The money of the wealthy often rolls into an estate upon death, and a living will decrees how the pool of funds and assets are to be divided, Bagwell said. And in his experience, the wealthiest tend to leave more for their grandchildren than their children.
For Men Save time searching for beautiful, sophisticated women who appreciate a man of substance. For Women Meet talented and successful men who’ve achieved wealth and status and are eager to share the benefits of a fabulous lifestyle with you.
Marry a Rich Guyuy Most Successful and beautiful people
|
|||
|
|
|||
