Magazines

[judith_s]

Someone whose livejournal I read regularly because of here interesting views on language ozarque just said: "If you've been reading this journal a while you're aware that I read every issue of Forbes, in order to get an idea of the worldview of the prototypical Rich Person -- and that I've learned a tremendous amount about the way an RP defines his or her terms."

Now I know that folks who really are well off don't particularly care for Forbes. But is there another, more real, magazine that is targeted at the person who is really rich, and not just a wannabe?

Comments

[r-wolfcastle.livejournal.com]

A magazine whose stated mission is to serve, in their own words, the "truly wealthy" is Worth. "Worth covers the philanthropic, personal finance, business and lifestyle issues faced by individuals whose focus has shifted from obtaining wealth to the challenges of managing it."

http://www.worth.com/About-Us/Index.asp

[sierra-nevada.livejournal.com]

Where is their annual survey of the best cities/countries to live in from a value of services rendered to tax bite ratio perspective? Or the list of best citizenships to have, and the cost to buy them? How about an optimal list countries/tax jurisdictions to spread your wealth around in, such that a grab in any one jurisdiction doesn't tax you into penury?

I understand that The Economist Intelligence Unit has (rather expensive) reports on these sorts of questions ...

[judith-s.livejournal.com]

I take this to mean that you wouldn't consider Worth particularly useful in representing what you care about. Is Forbes any better? Is there a magazine that is?

[sierra-nevada.livejournal.com]

The list of articles I found on their web site is interesting fodder, but consider that once you reach a certain level, you don't deal with these issues directly - you hire other people to do it for you, who are experts because they do this for a whole lot of people just like you (or even people who are worth a whole lot more). So, I do business with an accountancy, and I have an investments manager, both of whom I pay to have answers to the questions that I have, the concerns I fret about, etc. At some point I should also add a private banker...

You want another magazine subscription that I bet "rich people" have? How about Consumer Reports? I subscribe, and to the extent that other well off people also want value for their money as I do, bet the demographics of their subscriber base would be interesting to know.

[sierra-nevada.livejournal.com]

To carry my previous thought a little farther, the magazines to read if you really want the details would likely be things like Modern Accountancy, Investment Manager Monthly, and Large Estate Planning Quarterly, i.e. publications targeted at those who serve the really rich (those titles are just guesses). Such publications are likely to have news about what's changing in terms of customer expectations and concerns, changes in the law, suggested techniques, etc.