1.
Manhattan
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Manhattan is the most densely populated borough of New York City, its economic and administrative center, and the citys historical birthplace. The borough is coextensive with New York County, founded on November 1,1683, Manhattan is often described as the cultural and financial capital of the world and hosts the United Nations Headquarters. Many multinational media conglomerates are based in the borough and it is historically documented to have been purchased by Dutch colonists from Native Americans in 1626 for 60 guilders which equals US$1062 today. New York County is the United States second-smallest county by land area, on business days, the influx of commuters increases that number to over 3.9 million, or more than 170,000 people per square mile. Manhattan has the third-largest population of New York Citys five boroughs, after Brooklyn and Queens, the City of New York was founded at the southern tip of Manhattan, and the borough houses New York City Hall, the seat of the citys government. The name Manhattan derives from the word Manna-hata, as written in the 1609 logbook of Robert Juet, a 1610 map depicts the name as Manna-hata, twice, on both the west and east sides of the Mauritius River. The word Manhattan has been translated as island of hills from the Lenape language. The United States Postal Service prefers that mail addressed to Manhattan use New York, NY rather than Manhattan, the area that is now Manhattan was long inhabited by the Lenape Native Americans. In 1524, Florentine explorer Giovanni da Verrazzano – sailing in service of King Francis I of France – was the first European to visit the area that would become New York City. It was not until the voyage of Henry Hudson, an Englishman who worked for the Dutch East India Company, a permanent European presence in New Netherland began in 1624 with the founding of a Dutch fur trading settlement on Governors Island. In 1625, construction was started on the citadel of Fort Amsterdam on Manhattan Island, later called New Amsterdam, the 1625 establishment of Fort Amsterdam at the southern tip of Manhattan Island is recognized as the birth of New York City. In 1846, New York historian John Romeyn Brodhead converted the figure of Fl 60 to US$23, variable-rate myth being a contradiction in terms, the purchase price remains forever frozen at twenty-four dollars, as Edwin G. Burrows and Mike Wallace remarked in their history of New York. Sixty guilders in 1626 was valued at approximately $1,000 in 2006, based on the price of silver, Straight Dope author Cecil Adams calculated an equivalent of $72 in 1992. In 1647, Peter Stuyvesant was appointed as the last Dutch Director General of the colony, New Amsterdam was formally incorporated as a city on February 2,1653. In 1664, the English conquered New Netherland and renamed it New York after the English Duke of York and Albany, the Dutch Republic regained it in August 1673 with a fleet of 21 ships, renaming the city New Orange. Manhattan was at the heart of the New York Campaign, a series of battles in the early American Revolutionary War. The Continental Army was forced to abandon Manhattan after the Battle of Fort Washington on November 16,1776. The city, greatly damaged by the Great Fire of New York during the campaign, became the British political, British occupation lasted until November 25,1783, when George Washington returned to Manhattan, as the last British forces left the city
2.
New York City
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The City of New York, often called New York City or simply New York, is the most populous city in the United States. With an estimated 2015 population of 8,550,405 distributed over an area of about 302.6 square miles. Located at the tip of the state of New York. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has described as the cultural and financial capital of the world. Situated on one of the worlds largest natural harbors, New York City consists of five boroughs, the five boroughs – Brooklyn, Queens, Manhattan, The Bronx, and Staten Island – were consolidated into a single city in 1898. In 2013, the MSA produced a gross metropolitan product of nearly US$1.39 trillion, in 2012, the CSA generated a GMP of over US$1.55 trillion. NYCs MSA and CSA GDP are higher than all but 11 and 12 countries, New York City traces its origin to its 1624 founding in Lower Manhattan as a trading post by colonists of the Dutch Republic and was named New Amsterdam in 1626. The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, New York served as the capital of the United States from 1785 until 1790. It has been the countrys largest city since 1790, the Statue of Liberty greeted millions of immigrants as they came to the Americas by ship in the late 19th and early 20th centuries and is a symbol of the United States and its democracy. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. Several sources have ranked New York the most photographed city in the world, the names of many of the citys bridges, tapered skyscrapers, and parks are known around the world. Manhattans real estate market is among the most expensive in the world, Manhattans Chinatown incorporates the highest concentration of Chinese people in the Western Hemisphere, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is one of the most extensive metro systems worldwide, with 472 stations in operation. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, and Rockefeller University, during the Wisconsinan glaciation, the New York City region was situated at the edge of a large ice sheet over 1,000 feet in depth. The ice sheet scraped away large amounts of soil, leaving the bedrock that serves as the foundation for much of New York City today. Later on, movement of the ice sheet would contribute to the separation of what are now Long Island and Staten Island. The first documented visit by a European was in 1524 by Giovanni da Verrazzano, a Florentine explorer in the service of the French crown and he claimed the area for France and named it Nouvelle Angoulême. Heavy ice kept him from further exploration, and he returned to Spain in August and he proceeded to sail up what the Dutch would name the North River, named first by Hudson as the Mauritius after Maurice, Prince of Orange
3.
Marjorie Merriweather Post
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Marjorie Merriweather Post was a leading American socialite and the owner of General Foods, Inc. She was the daughter of C. W. Post and Ella Letitia Merriweather, at age 27, when her father died, she became the owner of the rapidly growing Postum Cereal Company, founded in 1895. She was subsequently the wealthiest woman in the United States, with a fortune worth about US $250 million and she attended the Mount Vernon Seminary and College. Post maintained a lifelong relationship with her alma mater and served as the first alumna trustee of Mount Vernon Seminary. Today, a collection of her correspondence with Mount Vernon administrators is maintained by GWUs Special Collections Research Center, Posts complete collection of personal papers, as well as those of her father, are held by the University of Michigans Bentley Historical Library. In addition to Hillwood and other estates, Marjorie Merriweather Posts other lavish home was Mar-a-Lago in Palm Beach, designed by Marion Sims Wyeth and Joseph Urban, Mar-a-Lago was willed in 1973 to the U. S. Government as a retreat for Presidents and visiting foreign dignitaries. The mansion was not, however, used for this purpose and it was purchased by businessman Donald Trump in 1985. Post and her husband, E. F. Hutton, owned Sea Cloud. Post also owned Camp Topridge on Upper St. Regis Lake in the Adirondacks and it included a fully staffed main lodge and private guest cabins, each staffed with its own butler. The expansive Great Camp, built in 1923 by Ben Muncil, eventually contained nearly 70 buildings, as well as a Russian dacha and it was one of only two Adirondack camps to be featured in LIFE magazine. Another home, which she shared with Joseph Davies in Washington, some of Posts jewelry bequeathed to the Smithsonian in Washington, DC, is displayed in the Harry Winston exhibit. She funded a U. S. Army hospital in France during World War I, and, decades later, in 1971, she was among the first three recipients of the Silver Fawn Award, presented by the Boy Scouts of America. The Merriweather Post Pavilion, a concert venue in Columbia. Critics have claimed that these items were expropriated, however, Post, neither she nor Davies was involved with the original seizing of the items. Allegations later surfaced that many works of art from the Tretyakov Gallery and other collections were donated or offered at nominal prices to Post and Davies. Davies is also alleged to have purchased art expropriated from Soviet citizens well after the Russian Revolution, many of the items, which remain under the control of the Post estate or the agents, can be viewed at Hillwood, the former Washington, DC, estate of Post. It has operated as a museum since Posts death and displays her French and Russian art collection, featuring the work of Fabergé, Sèvres porcelain, French furniture, tapestries. In 1905, she married investment banker Edward Bennett Close of Greenwich, Connecticut, via his second marriage, Edward Bennett Close would become the paternal grandfather of actress Glenn Close
4.
United States
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Forty-eight of the fifty states and the federal district are contiguous and located in North America between Canada and Mexico. The state of Alaska is in the northwest corner of North America, bordered by Canada to the east, the state of Hawaii is an archipelago in the mid-Pacific Ocean. The U. S. territories are scattered about the Pacific Ocean, the geography, climate and wildlife of the country are extremely diverse. At 3.8 million square miles and with over 324 million people, the United States is the worlds third- or fourth-largest country by area, third-largest by land area. It is one of the worlds most ethnically diverse and multicultural nations, paleo-Indians migrated from Asia to the North American mainland at least 15,000 years ago. European colonization began in the 16th century, the United States emerged from 13 British colonies along the East Coast. Numerous disputes between Great Britain and the following the Seven Years War led to the American Revolution. On July 4,1776, during the course of the American Revolutionary War, the war ended in 1783 with recognition of the independence of the United States by Great Britain, representing the first successful war of independence against a European power. The current constitution was adopted in 1788, after the Articles of Confederation, the first ten amendments, collectively named the Bill of Rights, were ratified in 1791 and designed to guarantee many fundamental civil liberties. During the second half of the 19th century, the American Civil War led to the end of slavery in the country. By the end of century, the United States extended into the Pacific Ocean. The Spanish–American War and World War I confirmed the status as a global military power. The end of the Cold War and the dissolution of the Soviet Union in 1991 left the United States as the sole superpower. The U. S. is a member of the United Nations, World Bank, International Monetary Fund, Organization of American States. The United States is a developed country, with the worlds largest economy by nominal GDP. It ranks highly in several measures of performance, including average wage, human development, per capita GDP. While the U. S. economy is considered post-industrial, characterized by the dominance of services and knowledge economy, the United States is a prominent political and cultural force internationally, and a leader in scientific research and technological innovations. In 1507, the German cartographer Martin Waldseemüller produced a map on which he named the lands of the Western Hemisphere America after the Italian explorer and cartographer Amerigo Vespucci
5.
Ohio
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Ohio /oʊˈhaɪ. oʊ/ is a Midwestern state in the Great Lakes region of the United States. Ohio is the 34th largest by area, the 7th most populous, the states capital and largest city is Columbus. The state takes its name from the Ohio River, the name originated from the Iroquois word ohi-yo’, meaning great river or large creek. Partitioned from the Northwest Territory, the state was admitted to the Union as the 17th state on March 1,1803, Ohio is historically known as the Buckeye State after its Ohio buckeye trees, and Ohioans are also known as Buckeyes. Ohio occupies 16 seats in the United States House of Representatives, Ohio is known for its status as both a swing state and a bellwether in national elections. Six Presidents of the United States have been elected who had Ohio as their home state, Ohios geographic location has proven to be an asset for economic growth and expansion. Because Ohio links the Northeast to the Midwest, much cargo, Ohio has the nations 10th largest highway network, and is within a one-day drive of 50% of North Americas population and 70% of North Americas manufacturing capacity. To the north, Lake Erie gives Ohio 312 miles of coastline, Ohios southern border is defined by the Ohio River, and much of the northern border is defined by Lake Erie. Ohios neighbors are Pennsylvania to the east, Michigan to the northwest, Ontario Canada, to the north, Indiana to the west, Kentucky on the south, Ohio is bounded by the Ohio River, but nearly all of the river itself belongs to Kentucky and West Virginia. Ohio has only that portion of the river between the rivers 1792 low-water mark and the present high-water mark, the border with Michigan has also changed, as a result of the Toledo War, to angle slightly northeast to the north shore of the mouth of the Maumee River. Much of Ohio features glaciated plains, with a flat area in the northwest being known as the Great Black Swamp. Most of Ohio is of low relief, but the unglaciated Allegheny Plateau features rugged hills, in 1965 the United States Congress passed the Appalachian Regional Development Act, at attempt to address the persistent poverty and growing economic despair of the Appalachian Region. This act defines 29 Ohio counties as part of Appalachia, the worst weather disaster in Ohio history occurred along the Great Miami River in 1913. Known as the Great Dayton Flood, the entire Miami River watershed flooded, as a result, the Miami Conservancy District was created as the first major flood plain engineering project in Ohio and the United States. Grand Lake St. Marys in the west central part of the state was constructed as a supply of water for canals in the era of 1820–1850. For many years this body of water, over 20 square miles, was the largest artificial lake in the world and it should be noted that Ohios canal-building projects were not the economic fiasco that similar efforts were in other states. Some cities, such as Dayton, owe their emergence to location on canals. Summers are typically hot and humid throughout the state, while winters generally range from cool to cold, precipitation in Ohio is moderate year-round
6.
Variety store
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A variety store is a retail store that sells a wide range of inexpensive household goods. Larger stores may sell frozen foods and fresh produce, variety stores arose in the early 20th century, with Woolworths model to reduce store overheads by simplifying the duties of sales clerks. They may now be all over the world. A variety store often sells all goods at a single price, the name of the store often reflects this, and in different markets it may be called a dollar store, pound shop, euro store and so on. Some items are offered at a considerable discount over other retailers, there are two ways variety stores make a profit, Buying and selling huge amounts of goods at heavily discounted prices provides a small profit margin that is multiplied by the volume of sales. Pricing many items at prices that are higher than regular retailers and these goods are commonly bought by consumers who perceive them to be bargains based on the heavy discounts on other items in the store. In the case of fixed price-point retailers, this can be achieved by reducing the size of the package to one that is smaller than what is found in retail outlets. Bought at a sale, such as seasonal or promotional goods or bankruptcy stock. Sold in a smaller unit sizes than elsewhere, not all variety stores are single price-point stores, even if their names imply it. For example, in the United States, Dollar General and Family Dollar sell items at more or less than a dollar, some stores also sell goods priced at multiples of the named price and, conversely, multiple items for the price. The discrepancy with the price is also compounded if sales tax is added at the point of sale. In many countries, stock can be imported from others with lower costs, because of differences in wages. Usually goods are imported by an importer, then sold to the stores wholesale. Another source of stock is overruns, surplus items and out-of-date food products, real Deals, a regional dollar store in the Syracuse, New York area, is stocked almost entirely with surplus goods such as these. Although some people may link variety stores with low-income areas, this is not always true, for example, Atherton, California has a variety store within its city limits, even though it has a median household income of nearly $185,000 a year. Studies of food discounters in Great Britain show quite a varied demographic, the originators of the concept were the Woolworth Bros. in July 1879. Woolworth Bros. later became F. W. Woolworth Company or just Woolworths, Frank soon brought his brother Charles Sumner Sum Woolworth into the business. Together they opened a store in Harrisburg, Pennsylvania, on July 18,1879
7.
American Express
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The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Manhattans Three World Financial Center in New York City, United States. Founded in 1850, it is one of the 30 components of the Dow Jones Industrial Average, the company is best known for its credit card, charge card, and travelers cheque businesses. Amex cards account for approximately 24% of the dollar volume of credit card transactions in the US. BusinessWeek and Interbrand ranked American Express as the 22nd most valuable brand in the world, Fortune listed Amex as one of the top 20 Most Admired Companies in the World. The companys logo, adopted in 1958, is a Centurion whose image appears on the travelers cheques, charge cards. In 1850, American Express was started as an express business in Buffalo. It was founded as a joint stock corporation by the merger of the companies owned by Henry Wells, William G. Fargo. Wells and Fargo also started Wells Fargo & Co. in 1852 when Butterfield, American Express initially established its headquarters in a building at the intersection of Jay Street and Hudson Street in what was later called the Tribeca section of Manhattan. For years it enjoyed a monopoly on the movement of express shipments throughout New York State. In 1874, American Express moved its headquarters to 65 Broadway in what was becoming the Financial District of Manhattan, in 1854, the American Express Co. purchased a lot on Vesey Street in New York City as the site for its stables. A stable was constructed in 1867, five blocks north at 4–8 Hubert Street, in 1880, American Express built a new warehouse behind the Broadway Building at 46 Trinity Place. The designer is unknown, but it has a façade of brick arches that are reminiscent of pre-skyscraper New York, American Express has long been out of this building, but it still bears a terracotta seal with the American Express Eagle. In 1890–91 the company constructed a new building by Edward H. Kendall on the site of its former headquarters on Hudson Street. By 1903, the company had assets of some $28 million, to reflect this, the company purchased the Broadway buildings and site. The old buildings, dubbed by the New York Times as among the ancient landmarks of lower Broadway, were inadequate for such a rapidly expanding concern, after some delays due to the war in Europe, the 21-story neo-classical American Express Co. Building was constructed in 1916–17 to the design of James L. Aspinwall, of the firm of Renwick, Aspinwall & Tucker, the building consolidated the two lots of the former buildings with a single address,65 Broadway. This building was part of the Express Row section of lower Broadway at the time, kenny, and Standard & Poors, who has renamed the building for itself. American Express extended its reach nationwide by arranging affiliations with other companies, railroads
8.
Palm Beach, Florida
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The Town of Palm Beach is an incorporated town in Palm Beach County, Florida, United States. The Intracoastal Waterway separates it from the cities of West Palm Beach. In 2000, Palm Beach had a population of 10,468. Prior to Flagler, Palm Beach was sparsely populated, and was a part of Lake Worth, Palm Beach was established as a resort by Henry Morrison Flagler, who made the Atlantic coast barrier island accessible via his Florida East Coast Railway. The nucleus of the community was established by Flaglers two luxury hotels, the Royal Poinciana Hotel and The Breakers Hotel. West Palm Beach was built across Lake Worth as a town and has become a major city in its own right. The town was incorporated on 17 April 1911, an area known as the Styx housed many of the servants, most of whom were black. The workers rented their houses from the landowners. In the early 1900s the landowners agreed to all of the residents of the Styx. The houses were razed, according to the Palm Beach Daily News, the coconut palm, Cocos nucifera, is not native to Florida. Its presence in Palm Beach is due to the shipwreck of the Spanish ship Providencia in 1878 and it was traveling from Havana to Cádiz, Spain with a cargo of coconuts. Since the shipwreck was near the shore, the coconuts were salvaged, a lush grove of palm trees soon grew on what was later named Palm Beach. Palm Beach is the easternmost town in Florida, located on a 16-mile long barrier island, according to the U. S. Census Bureau, the town has a total area of 10.4 square miles. 3.9 square miles of it is land and 6.5 square miles of it is water, the total area is 62. 45% water. Palm Beach has a tropical rainforest climate and this is a Köppen climate classification of Af where it is tropical and there is no dry season. It is wetter in the summer, from May to October, when convective thunderstorms and tropical downpours are common, average high temperatures in Palm Beach are 86 to 90 °F with lows of 70 to 75 °F. During this period, more than half of the days bring occasional afternoon thunderstorms. The winter brings drier, sunnier, and much less humid weather, average high temperatures of 75 to 82 °F and lows of 57 to 66 °F
9.
The New York Times
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The New York Times is an American daily newspaper, founded and continuously published in New York City since September 18,1851, by The New York Times Company. The New York Times has won 119 Pulitzer Prizes, more than any other newspaper, the papers print version in 2013 had the second-largest circulation, behind The Wall Street Journal, and the largest circulation among the metropolitan newspapers in the US. The New York Times is ranked 18th in the world by circulation, following industry trends, its weekday circulation had fallen in 2009 to fewer than one million. Nicknamed The Gray Lady, The New York Times has long been regarded within the industry as a newspaper of record. The New York Times international version, formerly the International Herald Tribune, is now called the New York Times International Edition, the papers motto, All the News Thats Fit to Print, appears in the upper left-hand corner of the front page. On Sunday, The New York Times is supplemented by the Sunday Review, The New York Times Book Review, The New York Times Magazine and T, some other early investors of the company were Edwin B. Morgan and Edward B. We do not believe that everything in Society is either right or exactly wrong, —what is good we desire to preserve and improve, —what is evil, to exterminate. In 1852, the started a western division, The Times of California that arrived whenever a mail boat got to California. However, when local California newspapers came into prominence, the effort failed, the newspaper shortened its name to The New-York Times in 1857. It dropped the hyphen in the city name in the 1890s, One of the earliest public controversies it was involved with was the Mortara Affair, the subject of twenty editorials it published alone. At Newspaper Row, across from City Hall, Henry Raymond, owner and editor of The New York Times, averted the rioters with Gatling guns, in 1869, Raymond died, and George Jones took over as publisher. Tweed offered The New York Times five million dollars to not publish the story, in the 1880s, The New York Times transitioned gradually from editorially supporting Republican Party candidates to becoming more politically independent and analytical. In 1884, the paper supported Democrat Grover Cleveland in his first presidential campaign, while this move cost The New York Times readership among its more progressive and Republican readers, the paper eventually regained most of its lost ground within a few years. However, the newspaper was financially crippled by the Panic of 1893, the paper slowly acquired a reputation for even-handedness and accurate modern reporting, especially by the 1890s under the guidance of Ochs. Under Ochs guidance, continuing and expanding upon the Henry Raymond tradition, The New York Times achieved international scope, circulation, in 1910, the first air delivery of The New York Times to Philadelphia began. The New York Times first trans-Atlantic delivery by air to London occurred in 1919 by dirigible, airplane Edition was sent by plane to Chicago so it could be in the hands of Republican convention delegates by evening. In the 1940s, the extended its breadth and reach. The crossword began appearing regularly in 1942, and the section in 1946
10.
Chicago Tribune
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The Chicago Tribune is a daily newspaper based in Chicago, Illinois, United States, owned by tronc, Inc. formerly Tribune Publishing. The Tribune was founded by James Kelly, John E. Wheeler, forrest, publishing its first edition on June 10,1847. The paper saw numerous changes in ownership and editorship over the eight years. Initially, the Tribune was not politically affiliated but tended to either the Whig or Free Soil parties against the Democrats in elections. By late 1853, it was frequently running xenophobic editorials that criticized foreigners, about this time it also became a strong proponent of temperance. Ray became editor-in-chief, Medill became the editor, and Alfred Cowles, Sr. brother of Edwin Cowles. Each purchased one third of the Tribune, under their leadership the Tribune distanced itself from the Know Nothings and became the main Chicago organ of the Republican Party. However, the continued to print anti-Catholic and anti-Irish editorials. Between 1858 and 1860, the paper was known as the Chicago Press & Tribune, on October 25,1860, it became the Chicago Daily Tribune. Before and during the American Civil War, the new editors pushed an abolitionist agenda and strongly supported Abraham Lincoln, the paper remained a force in Republican politics for years afterwards. In 1861, the Tribune published new lyrics for the song John Browns Body by William W. Patton, Medill served as mayor of Chicago for one term after the Great Chicago Fire of 1871. Under the 20th-century editorship of Colonel Robert R. Joseph McCarthy, when McCormick assumed the position of co-editor in 1910, the Tribune was the third-best-selling paper among Chicagos eight dailies, with a circulation of only 188,000. At the same time, the Tribune competed with the Hearst paper, by 1914, the cousins succeeded in forcing out Managing Editor William Keeley. By 1918, the Examiner was forced to merge with the Chicago Herald, in 1919, Patterson left the Tribune and moved to New York to launch his own newspaper, the New York Daily News. In a renewed war with Hearsts Herald-Examiner, McCormick and Hearst ran rival lotteries in 1922. The Tribune won the battle, adding 250,000 readers to its ranks, also in 1922, the Chicago Tribune hosted an international design competition for its new headquarters, the Tribune Tower. The competition worked brilliantly as a publicity stunt, and more than 260 entries were received, the winner was a neo-Gothic design by New York architects John Mead Howells and Raymond Hood. The newspaper sponsored an attempt at Arctic aviation in 1929
11.
Old Westbury, New York
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Old Westbury is a village in Nassau County, in the U. S. state of New York, on the North Shore of Long Island. As of the 2010 United States Census, the population was 4,671. The Incorporated Village of Old Westbury is located in both the Town of Oyster Bay and the Town of North Hempstead, in 2007, Business Week dubbed Old Westbury as New Yorks most expensive suburb. Old Westbury Gardens has been recognized as one of the three best public gardens in the world by Four Seasons Hotels magazine, Old Westbury is located at 40°46′55″N 73°35′50″W. According to the United States Census Bureau, the village has an area of 8.6 square miles. As of the census of 2000, there were 4,228 people,1,063 households, the population density was 493.9 people per square mile. There were 1,109 housing units at a density of 129.5 per square mile. The racial makeup of the village was 68. 19% White,14. 24% African American,0. 02% Native American,11. 52% Asian,3. 67% from other races, hispanic or Latino of any race were 7. 14% of the population. 5. 6% of all households were made up of individuals and 2. 9% had someone living alone who was 65 years of age or older, the average household size was 3.33 and the average family size was 3.37. In the village, the age distribution of the population shows 22. 7% under the age of 18,20. 2% from 18 to 24,19. 9% from 25 to 44,25. 7% from 45 to 64, the median age was 35 years. For every 100 females there were 86.7 males, for every 100 females age 18 and over, there were 84.6 males. The median income for a household in the village was $163,046, the median earnings of the 899 households in the village that took in earnings supplemental to income was $230,721. Males had an income of $100, 000+ versus $45,200 for females. The per capita income for the village was $72,932, about 1. 1% of families and 3. 5% of the population were below the poverty line, including 1. 5% of those under age 18 and 3. 3% of those age 65 or over. According to Bloomberg/Businessweek, in 2011, Old Westbury is the second richest town in the United States, trailing behind only Palm Beach, the magazine previously dubbed the town New Yorks wealthiest suburb. In 2011, Forbes, having done a study of Americas Millionaire Capitals, the controlled study included only households with incomes greater than $200,000, which virtually excluded only residents that are living in college dormitories and the staff of homeowners. The village is famous for being the seat of many of New Yorks wealthiest families, including the Phippses, Vanderbilts, Whitneys, Webbs, Du Ponts, Winthrops, Mortimers, Belmonts, the Old Westbury Fund is a hedge fund that is named after the town. Bessemer Trust, which manages the wealth of the Phipps clan, is headquartered in the village, when Forbes asked billionaire investor Steven Schonfeld what the wisest investment he ever made was, his answer was Old Westbury land
12.
Barbara Hutton
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Barbara Woolworth Hutton was an American debutante/socialite, heiress and philanthropist. She was dubbed the Poor Little Rich Girl, first when she was given a lavish and expensive debutante ball in 1930, amid the Great Depression, heiress to the retail tycoon Frank Winfield Woolworth, Hutton was one of the wealthiest women in the world. She endured a childhood marked by the loss of her mother at age five. Married and divorced seven times, she acquired grand foreign titles but was maliciously treated, while publicly she was much envied for her possessions, her beauty and her apparent life of leisure, privately she remained deeply insecure, often taking refuge in drink, drugs, and playboys. Hutton had one child, Lance Reventlow, with her husband, but was an indifferent and insecure parent. She later developed anorexia nervosa and perhaps therefore prevented further childbirth and her son died in a plane crash in 1972 at the age of 36, leaving her devastated. She lived another seven years, dying of an attack at age 66. At her death, the formerly wealthy Hutton was on the verge of bankruptcy as a result of exploitation, as well as her compulsive generosity and spendthrift ways. Born in New York City, Barbara Hutton was the child of Edna Woolworth, a daughter of Frank W. Woolworth. Barbaras father was Franklyn Laws Hutton, a wealthy co-founder of E. F. Hutton & Company, dina Merrill related on A&Es Biography of the Woolworths, that for a time Barbara lived with them following the death of her mother and abandonment by her father. Five year old Barbara discovered her mothers body, after her mothers death, she lived with various relatives, and was raised by a governess. Hutton attended Miss Hewitts Classes, now The Hewitt School in New Yorks Lenox Hill neighborhood and Miss Porters School for Girls in Farmington and she became an introverted child who had limited interaction with other children of her own age. Her closest friend and only confidante was her cousin Jimmy Donahue, Jimmy Donahue inherited a portion of the Woolworth estate with Barbara and also grew up to have notorious, and public, drug, alcohol and relationship problems. In 1924, Barbara Huttons grandmother Jennie Woolworth died, leaving $26.1 million to Barbara in a trust fund, another $2.1 million in stock from Ednas inheritance was placed in a separate trust both of which were administered by Franklyn Hutton. The ball cost $60,000, a fortune in the days of the Depression. Public criticism was so severe that she was sent on a tour of Europe to escape the onslaught of the press. Popular poet Ogden Nash then took note of Huttons public private life in the light verse, Said Aimee McPherson to Barbara Hutton. Youll have to ask some other person and her first husband, Alexis Mdivani, used her great wealth to his advantage
