According to the World Bank, only 10 countries offer full legal protections to women, and all of them are in the Northern Hemisphere. In ranking countries, the institution considers indicators like equal remuneration, legal rights, and mobility.
A score of means that women are on equal legal standing with men across all areas measured. According to the report, there are 20 economies in the world where women still have half or fewer of the legal economic rights of men. Under Taliban rule, for example, women in Afghanistan have limited access to education and work.
In the Gaza Strip, women must have the permission of a male guardian to travel. In the U. S, women still earn an average of about 82 cents for each dollar earned by men, and the gap across many countries in Europe is similar. COVID has exacerbated existing inequalities that disadvantage girls and women, including barriers to attend school and maintain jobs, according to the United Nations. In fact, new research shows that the sectors that have been most affected by the pandemic so far are those with high levels of women workers, including the restaurant and hospitality business, as well as the travel sector.
While leaders debate recovery in a post-pandemic world, rights equality remains a central topic for social and economic development. In the business world, not everyone has their career breakthrough early in life.
Here are 45 late bloomers that ended up as billionaires. These early-age accomplishments of some of the richest people in the world are highlighted as marvels.
The early achievements of hoodie-wearing CEOs like Mark Zuckerberg or Evan Spiegel—who became billionaires at ages 23 and 25, respectively—come to mind. According to the Census Bureau , a year-old is three times more likely to found a successful start-up than someone aged The infographic above, from Virtual College , highlights 45 billionaires who had their breakthrough later in life, by the age of their respective breakthrough.
Though these late successes span many different industries and countries, there are many consistent through lines. After failing to secure jobs as a fresh graduate and starting his own translation company, Ma went on a business trip to the U. Over time, he connected Chinese companies with American coders to create websites, and soon saw room in the market for a business-to-business marketplace, which became Alibaba.
But he actually started in the academic field, acquiring a PhD in mathematics—he worked in many faculties, and even as a codebreaker for the NSA.
One of the 60 richest people in the world, Austrian businessman Mateschitz got his start in marketing for Unilever and then cosmetics company Blendax. The American political dynasty's residences there are designated national historic landmarks.
In addition to being one of the more desirable summer vacation destinations in the eastern U. S, Barnstable serves as a gateway to Martha's Vineyard — another millionaire hotspot — by way of the ferry in Hyannis. Seattle has long been one of the nation's fastest-growing cities, thanks in part to its high concentration of well-paid jobs for college grads and higher.
Real estate is a pillar of these runaway expenses. Snowbirds and well-off retirees are making the Naples metro area one of the faster-growing regions in the U. That growth has been fueled by a torrent of retirees attracted by miles of Gulf Coast beaches, gracious homes and giant banyan trees.
Boating, fishing and golf are just a few of the area's attractions. Naples also happens to benefit from a comparatively well-educated population. When it comes to taxes, Florida stands out for millionaires and non-millionaires alike. The Sunshine State has no income tax, and its property taxes are right around the national average.
Indeed, Florida is one of Kiplinger's 10 most tax-friendly states in the U. If you're looking to rub elbows with millionaires in an idyllic setting, the Honolulu metro area is the place to be. Blame Hawaii's remoteness. Pretty much everything in Honolulu is more expensive than it would be on the mainland because it all must make the long journey by boat or by plane.
Groceries, utilities and transportation expenses are pricey too. But thanks to a range of attractive qualities, from abundant outdoor activities to numerous entertainment choices to even high air quality, Honolulu also typically ranks among the best places to live in the U. Boulder also is a hub for biosciences. Colorado happens to be one of the more tax-friendly states in the Union. Personal income tax rates top out at 4.
Property taxes are modest, but sales taxes lean high in the Centennial State. Its proximity to Los Angeles helps explain the large concentration of wealth. So does the number of celebrities who call it home — a list that over the years has included Clark Gable, William Shatner and Cher. It also appeals to millionaires looking for alternatives to Santa Barbara and Malibu, which bracket the Oxnard area to the north and south. Considering the area's Mediterranean climate and miles of relatively uncrowded beaches, it's easy to see the appeal.
The Golden State's reputation as a high-tax destination is built in part on how aggressively it goes after big earners, with a But for more modest earners, California is a relatively tax-friendly state. As the New Jersey state capital, Trenton is home to a multitude of state, county, local and federal agencies — and the law firms and professional agencies that support them.
The metro area's millionaire population is further boosted by the presence of tony Princeton, N. Major companies such as Munich Reinsurance America and Covance call the area home. On the downside, although New Jersey gives residents a break on income taxes, it brings the hammer down when they buy a home. The Garden State's property taxes are the highest in the U. With its unparalleled collection of universities, hospitals, historical sites, and tech and biotech employers, it's easy to see why the Greater Boston area is such an appealing place to live.
And while there's no question the metro area's popularity comes at a high cost, it's not nearly as high as some East Coast cities that are often mentioned in the same breath as Boston. Housing costs lead the way, at more than three times what the average American pays. The Bay State gets dubbed "Taxachusetts" sometimes, but taxes in Massachusetts are actually quite average , with a flat 5. Property taxes, however, do lean a bit high.
Although wildfires have grabbed the Napa headlines these days, the wines produced by the region's famed vineyards make the area a popular destination for casual drinkers and serious oenophiles alike.
The sun-kissed island and nearby neighbors offer a tropical paradise in the good ol' U. The allures of the Key West area are well known. Boating, fishing, snorkeling, scuba diving and lazing on the beach are just some of Key West's draws. And don't forget the incomparable sunsets. Like all Floridians, Key West's millionaires save a bundle on taxes. The Sunshine State is well known for its absence of a state income tax, which helps make it one of Kiplinger's 10 most tax-friendly states.
Known as the Garden Island, Kauai is one of the state's less developed locales. With pristine beaches, lush forests, soaring mountains and relatively few people, Kapaa and the surrounding area is an ideal place for a millionaire's tropical island nest.
The downside? The Aloha State is known for its high cost of living — and a mixed picture when it comes to taxes. Be that as it may, property taxes as a percentage of home value are the lowest in the U. By this point in our list of small towns with the highest concentrations of millionaires, it should be clear that Western ski resort towns are mighty popular with people of means. See below for yet even more examples. So it should come as no surprise that Breckenridge would make the cut.
Naturally, skiing is what first comes to mind when it comes to Breckenridge, but the area supports a wide range of sports and cultural activities through all four seasons.
Mountain biking, hiking and fly fishing are just a few of the allures for the millionaire who likes the great outdoors. For more sedentary folks, Breckenridge hosts the National Repertory Orchestra every summer and the Breckenridge Film Festival every autumn. Jackson is a town in Wyoming's famed Jackson Hole valley. With three major ski resorts and an abundance of other year-round recreational activities, it's easy to see the appeal for those with means. And thanks to abundant revenue that the state collects from oil and mineral rights, Wyoming millionaires shoulder one of the lowest tax burdens in the U.
For those living in Idaho, the tax situation is a bit more mixed. Heber boasts world-class recreational activities for the wealthy and regular Joes alike. In winter, it's all about skiing. Five-star skiing at the Deer Valley and Sundance ski resorts is roughly a half-hour away.
For year-round activities, the Heber Valley features five hole championship golf courses, three state parks and a historic tourism railroad.
Fully 8. Median homes prices top the U. Tiny Easton, on the Eastern Shore of the Chesapeake Bay, prides itself on its out-of-the-way feel, with country farms mixing with lavish waterfront estates. It has long been a retreat for the well-to-do of the Mid-Atlantic seeking antique shops and solitude. Easton's proximity to the beach, abundance of parks and good schools make for an idyllic small-town experience for residents. At the same time, the town offers easy access to several major cities. It's less than an hour away from Annapolis, the state capital, while Washington, D.
Maryland has the second most millionaires per capita of any state in the U. The nearby world-class resorts of Vail and Beaver Creek draw big-spending skiers hoping to see and be seen all winter long. But the area offers much more than pricey lift tickets and celebrity spotting. Fly fishing, hiking and whitewater rafting draw folks to town in the summer months. High-end restaurants, plush lodges and spas are just some of the ways that millionaires can pamper themselves.
But it's Colorado's status as a tax-friendly state for both retirees and working residents that helps make Edwards a great deal for year-round living. It's a good thing, too, considering the high price of homes in the area.
Vineyard Haven is a town on Martha's Vineyard. This island off the coast of Cape Cod — the Census Bureau classifies the entire island as part of the Vineyard Haven micro area — is one of the most desirable summer vacation spots in the Northeast and has long been a favorite of the rich, the famous and the powerful.
Indeed, former presidents Bill Clinton and Barack Obama have summered there, and Jacqueline Kennedy Onassis long maintained a home on the island. Naturally, this tony locale is not easy on the wallet, as evidenced by the exorbitant real estate prices. It also can get a bit crowded. Martha's Vineyard has 17, or so year-round residents, but the population can swell to , during peak summer months.
On the plus side, Massachusetts' reputation as a high-tax state is overblown. The city of Williston expanded rapidly during the first half of the s, driven by the explosion in shale oil drilling that once gave North Dakota the fastest-growing economy in the nation. This city in the oil-rich Bakken Formation soon found itself home to fracking millionaires.
But as anyone who works in the oil patch knows, booms and busts are an integral part of the industry. A steep drop in oil prices first sparked pain across the Bakken about five years ago.
Demand for oil is gradually coming back, but it is by no means taking off. Torrington is the largest town in Litchfield County, which has long been a popular retreat for Manhattan's wealthy and chic looking for a remote, mountainous retreat. It's an in-state draw for all the millionaires from the Stamford area, too. With its covered bridges, forests and rivers, the scenery is gorgeous. In fact, every season challenges the next for which is more beautiful.
Although Torrington might be hidden in the northwest corner of the state, millionaires can't escape Connecticut's onerous tax bite. Real estate taxes are among the highest in the country, and the state has not only a luxury tax, but the country's only gift tax. Everything costs more in Juneau. Indeed, it's one of the more expensive cities in the U. Chalk it up to the remote location of Alaska's capital, which is tucked away in the southeast corner of the state hard against the Canadian border.
And while it helps to be a millionaire to live in Juneau, it's increasingly difficult to become one. Much of Alaska's wealth is tied to the energy business. The slump in energy prices touched off the state's worst recession in three decades. On the plus side, Alaska is one of the most tax-friendly states in the union.
Not only is there no state income tax, but the government actually pays residents an annual stipend. Skiing, luxury shopping, world famous film festivals — the Summit Park, Utah, area has everything a millionaire could ask for and more.
The Summit Park micro area, which also includes Park City, is a short drive from Salt Lake City and has the second highest concentration of millionaire households of any small town in the U. As for taxes, millionaires could do worse. The Beehive State isn't as tax-friendly as it used to be. Sure, the loss of the federal personal exemption due to the new tax law means that many Utahns, particularly those with multiple dependents, will pay higher state taxes than before.
But the state has a 4.
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