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Using U.S. Census data from 2008, Portfolio.com surveyed the nation’s 420 biggest cities with populations above 75,000 and ranked their relative wealth based mostly on income and real estate prices. Cambridge came out as the 21st wealthiest center, with a per capita income of $47,938, almost twice the national average of $27,589. And how expensive exactly is a house in Cambridge? With the median price of homes hitting about $579,700, Cambridge is also the third most expensive city in the Northeast region...

Author: By Ada H. Lio, CONTRIBUTING WRITER | Title: Cambridge Is One of America’s Richest Cities | 2/25/2010 | See Source »

...reason First World high-tech giants like Intel invested in the country. But "most Costa Ricans feel the quality of public education has dropped off considerably," says Jorge Mora, director of the Latin American Faculty of Social Sciences in San José. One indicator: in the 1990s, the wealthiest 10% of Costa Rica's population earned 15 times what the poorest tenth made; in the 2000s that figure was almost 25 times...

Author: /time Magazine | Title: Costa Rica's Generational and Gender Changes | 2/10/2010 | See Source »

...beyond subsistence and for the profit of others who hold them through fraud and violence. While most are held in debt bondage in the poorest regions of South Asia, some are trafficked in the midst of thriving development. Such is the case here in Africa's wealthiest country, the host of this year's World Cup. While South Africa invests billions to prepare its infrastructure for the half-million visitors expected to attend, tens of thousands of children have become ensnared in sexual slavery, and those who profit from their abuse are also preparing for the tournament. During a three...

Author: /time Magazine | Title: South Africa's New Slave Trade and the Campaign to Stop It | 1/18/2010 | See Source »

...Kennedy's former Senate seat. The ad's answer comes in a quick montage of conservative Republicans, past and present - George W. Bush, Dick Cheney, Rush Limbaugh, Mitch McConnell - followed by a populist pitch. "He'll block tougher oversight of Wall Street, give more tax breaks to the wealthiest," the breathy announcer continues...

Author: /time Magazine | Title: Taking on the Banks: Obama's New Populist Pitch | 1/15/2010 | See Source »

...year-old son of one of Nigeria's wealthiest men and most prominent bankers has lived outside Nigeria for years and had severed ties with his family. On Dec. 24 he re-entered Nigeria and boarded a KLM flight to Amsterdam that same night. He used an e-ticket that had been purchased in Accra, Ghana...

Author: /time Magazine | Title: How Bad Is Security at the Lagos Airport? | 12/30/2009 | See Source »

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